Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1958-04-17
Legal Advertisement

which the taxes will bear in.
terest. Failure to give or receive
any notice required by this sec.
ton shall not relieve any tax.
payer OF the responsibility to nav
on the dates established bv This
charter all taxes levied on his
property.
Sc. The taxes provided for in
Section "a of this charter shall be
due and payable on the first day
of July in the year for which thew
are levied and shall be overdue
and in arrears on the first day
of the following November. They
shall bear interest while in
arrears at the rate of one-half
of one per centum COS percent)
for each month or fraction of a
month until paid. All taxes not
paid and in arrears after the
first day of the following Jan
uary shall be collected as pro.
vided in Section 81.
81. A list of all property on
which the town taxes have not
been paid and which are in
arrears as provided by Section Sc
of this charter shall be turned
over by the clerk-treaSurer to the
official of the county respon.
sible for the sale of tax delin.
ouent property as provided in
State laws. All property listed
thereon shall if necessary be sold
for taxes by this county official,
in the manner prescribed by
State law.
So. All fees received by an
officer or employee of the town
government in his official capa.
city shall belong to the town gov.
eminent and be accounted for to
the town.
SO. The financial books and &C.
counts of the town shall be
audited annually as required by
Section "A of Article 10 of the
annotated Code of MARYLAND
1881 Edition. as amended).
60. During the first six months
of any fiscal year. the town shall
have the power to borrow in an
ticipation of the collection of the
property tax levied for that fiscal
year, and to issue tax anticipa
ton notes or other evidences OF
Indebtedness as evidence of such
borrowing. Such tax anticipa
ton notes or other evidences OF
Indebtedness shall be a first lier
upon the proceeds of such tax
and shall mature and be paid not
later than six months after the
beginning of the fiscal year in
which they are issued. No tax an
ticipation notes or other evi
dences of Indebtedness shall be
issued which will cause the total
tax anticipation indebtedness OF
the town TO exceed fifty peI
centum go percenD of the
property fax lew for the fiscal
year in which such notes or other
evidences of Indebtedness are
issued. All tax authorization notes
or other evidences of indebted
ness shall be authorized by or
dinance before BEING issued. The
council shall have the power to
regulate all matters concerning
the issuance and sale of tax an
ticipation notes.
81. The power and obligation
Of the town to paw any and all
bonds. notes. or other evidences
of indebtedness issued by il
under the authority of this char
ter shall be unlimited and the
town shall. lew ad valorem taxes
upon all the taxable property OF
the town for the payment of such
bonds. notes. or other evidences
of Indebtedness and interest
thereon. without limitation OF
amount. The faith and credit OF
the town is hereby pledged for
the payment of the PRINCIPAL Of
and the interest On all bonds
notes. or other evidences of in
debtedness. hereafter issued
under the authority of this char
ter. whether or not such pledge
be stated in the bonds notes. or
other evidences of Indebtedness
or in the ordinance authorizing
THEW issuance.
81. All bonds. notes. or other
w issued nv the town nrevious
TO the effective date of this char.
ter and all ordinances nassed
concerning them are hereby de.
cla~ad to he valid legal. and
binding and Of FIN force and
effect as if herein fully set forth
So. All purchases and contracts
for the town government shall be
made bV the clerk-traasurer. The
council NAV provide bv ordinance
for rules and regulations regard.
ing the use of connective bid.
ding and contracts for all town
purchases and contracts. All ex.
penditures for suDnlies. mate.
rails CONTINENT. construction OF
public improvements or con.
tractural service involving more
than one thousand dollars
(S10nn 000> shall BIZ made on
written CONTRACT. The clerk.
treasurer shall no REQUIRED to ad.
vertise for sealed bids IN such
mannar as NAV ha prescribed bv
ordinance. for all such written
contracts. Such written contracts
shall 10 awarded IN the bidder
who offers the lowest or best
hid uuaiitv of goods and work.
time of delivery or completion.
and responsibility If hidders
heing considered. All snch writ.
ten contracts shall be apDroved
nv tho council before hecornino
.effective. The clerk treasurar
shall have the rioht to -eiect all
bids and rpadvertise. The town
at anv tirne in its discretion NAV
emnlov IT'S own forcns for the