(a) In accordance with its charter or a public general law or public local law, a county or municipal corporation may issue bonds or other evidence of indebtedness to carry out this subtitle.
(b) To pay the principal and interest on bonds or other evidence of indebtedness or an advance from its general fund, a county or municipal corporation may levy property taxes on the assessed value of all real property and classes of assessable personal property within the conversion district.
Structure Maryland Statutes
Division I - Public Services and Utilities
Title 12 - Underground Facilities
Subtitle 3 - Conversion of Overhead Facilities
Section 12-302 - Legislative Findings; Declaration of Intent
Section 12-303 - Scope of Subtitle
Section 12-304 - Authority of Commission
Section 12-306 - Proceedings for Conversion Authorized
Section 12-307 - Initiation of Proceedings for Conversion
Section 12-308 - Filing of Petition; Execution of Certificate; Presentation
Section 12-309 - Resolution of Intent to Order Conversion
Section 12-310 - Investigation and Report on Petition
Section 12-311 - Agreement Between Political Subdivision and Service Provider
Section 12-312 - Resolution Ordering Conversion
Section 12-313 - Responsibility for Costs
Section 12-314 - Notice to Landowners of Responsibility for Costs
Section 12-315 - Consequences of Failure to Comply