(a) Collection and setting apart funds. The County hereby irrevocably and unconditionally covenants with the holder or holders of the notes:
(1) to collect and set apart in a separate fund a sufficient amount of any ad valorem and other taxes which may have been levied and which are now, or may become, payable to the County in order to provide funds to pay the principal of and interest on the notes, when due; and
(2) to take all action within the legal power of the County as may be necessary, desirable, or appropriate in order to obtain and set apart funds sufficient to provide for the payment of the principal of and interest on the notes, when due.
(b) Other funds. The County may provide other funds for the payment of the principal of and interest on the notes from any lawful source. The notes shall constitute general obligations of the County.
(c) Levy of taxes. For the purpose of paying, on the date of maturity, the principal of and interest on the notes to the extent not paid from taxes levied for the fiscal year in which the notes are issued or from taxes properly treated as revenues in such fiscal year, the County shall levy or cause to be levied ad valorem taxes which it is empowered to levy, without limitation, on real property, tangible personal property, and certain intangible personal property within its corporate limits and subject to County taxation in amount sufficient to provide for the payment, when due, of the principal of and interest on the notes, such levy to be made to the full extent permitted by law.
(d) General obligation. The full faith and credit of the County are hereby irrevocably pledged to the payment of the maturing principal of and interest on the notes and to the levy and collection of the taxes prescribed in this section as and when such taxes may become necessary in order to provide sufficient funds to meet the debt service requirements of the notes.
(1985 Code, Art. 6, § 9-209)