PARRIS N. GLENDENING, Governor                                 Ch. 548

(4)      THE GOVERNING BODY BY ORDINANCE OR RESOLUTION MAY
ESTABLISH PROCEDURES ALLOWING FOR THE PREPAYMENT OF SPECIAL TAXES
UNDER THIS SECTION.

(5)      SPECIAL TAXES LEVIED UNDER THIS SUBSECTION SHALL BE
COLLECTED AND SECURED IN THE SAME MANNER AS GENERAL AD VALOREM
TAXES UNLESS OTHERWISE PROVIDED IN THE ORDINANCE OR RESOLUTION AND
SHALL BE SUBJECT TO THE SAME PENALTIES AND THE SAME PROCEDURE, SALE AND
LIEN PRIORITY IN CASE OF DELINQUENCY AS IS PROVIDED FOR GENERAL AD
VALOREM TAXES.

Article 24 - Political Subdivisions - Miscellaneous Provisions

SUBTITLE 13. SPECIAL DISTRICTS.

9-1301. -

(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(2) "BOND" MEANS A SPECIAL OBLIGATION BOND, REVENUE BOND, NOTE,
OR OTHER SIMILAR INSTRUMENT ISSUED BY THE COUNTY IN ACCORDANCE WITH THIS
SECTION.

(3) "COST" INCLUDES THE COST OF:

(I) CONSTRUCTION, RECONSTRUCTION, AND RENOVATION, AND
ACQUISITION OF ALL LANDS, STRUCTURES, REAL OR PERSONAL PROPERTY, RIGHTS,
RIGHTS-OF-WAY, FRANCHISES, EASEMENTS, AND INTERESTS ACQUIRED OR TO BE
ACQUIRED BY THE COUNTY;

(II)     ALL MACHINERY AND EQUIPMENT INCLUDING MACHINERY AND
EQUIPMENT NEEDED TO EXPAND OR ENHANCE COUNTY SERVICES TO THE SPECIAL
TAXING DISTRICT;

(III)    FINANCING CHARGES AND INTEREST PRIOR TO AND DURING
CONSTRUCTION, AND, IF DEEMED ADVISABLE BY THE COUNTY, FOR A LIMITED PERIOD
AFTER COMPLETION OF THE CONSTRUCTION, INTEREST AND RESERVES FOR PRINCIPAL
AND INTEREST, INCLUDING COSTS OF MUNICIPAL BOND INSURANCE AND ANY OTHER
TYPE OF FINANCIAL GUARANTY AND COSTS OF ISSUANCE;

(IV)    EXTENSIONS, ENLARGEMENTS, ADDITIONS, AND IMPROVEMENTS;

(V) ARCHITECTURAL, ENGINEERING, FINANCIAL, AND LEGAL
SERVICES;

(VI)    PLANS, SPECIFICATIONS, STUDIES, SURVEYS, AND ESTIMATES OF
COST AND OF REVENUES;

(VII)  ADMINISTRATIVE EXPENSES NECESSARY OR INCIDENT TO
DETERMINING TO PROCEED WITH THE INFRASTRUCTURE IMPROVEMENTS; AND

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