78 LAWS OF MARYLAND. [CH. 24

hereunder shall be signed by the Mayor and Clerk of the
Town of Riverdale, and shall have affixed thereto the corpo-
rate seal of the municipality, and the interest coupons on any
bonds shall be signed by the Clerk of the Mayor and Common
Council of Riverdale or a facsimile of his signature shall be
stamped, printed or engraved thereon.

The principal amount of said bonds or notes and every part
thereof and the interest payable thereon shall be exempt from
State, County, and municipal taxation.

SEC. 2. And be it further enacted, That the proceeds from
said bonds or notes shall first be used to pay the cost of
printing and other outlays connected with the issuance of said
bonds or notes, and the entire balance of the proceeds, to-
gether with any premium or interest that may be received
thereon, shall be deposited by the Town Treasurer in an
authorized bank and accounted for as a separate funds to be
withdrawn only upon the order of the Mayor and Common
Council of Riverdale solely for purposes authorized by this
Act

SEC. 3. And be it further enacted, That in order to co-
operate in the development of a comprehensive system of
storm water drainage that may be undertaken by any govern-
mental agency having jurisdiction over the subject, the Mayor
and Common Council of Riverdale shall have authority to
authorize the construction of such street, road or bridge im-
provements or alterations or changes therein as may be neces-
sary to the making of such improvement, either by town labor
or by public contract, or the Mayor and Common Council of
Riverdale may enter into written agreements for the con-
struction of such work or regarding such construction in the
town with the Washington Suburban Sanitary Commission,
or with any other State or Federal agency charged with
responsibility over storm water drainage in the drainage area
within which the Town of Riverdale is situated.

Any agreement entered into by the Mayor and Common
Council of Riverdale with any governmental agency shall pro-
Vide for the allocation of the Town's share of the cost of the
system of storm water drainage in such manner as will
equitably apportion the items of cost chargeable to the Town
arising from its obligation as a municipality for the mainte-
nance of streets, roads and bridges, and those costs arising
from the development of improved drainage for areas beyond
the boundaries of the municipality.

SEC. 4. And be it further enacted, That the Mayor and
Common Council of Riverdale shall include in the annual tax
levy a "Town Drainage Tax" on the assessable property
within the town sufficient to pay the principal and interest