WM. PRESTON LANE, JR., GOVERNOR. 631

CHAPTER 365.
(House Bill 362)

AN ACT to authorize the Washington Suburban Sanitary
Commission to issue its bonds in a sum not exceeding
$1,000,000 for constructing storm water or surface drain-
age systems in the Washington Suburban Sanitary District
and to provide for the payment thereof and the interest
thereon.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That for the purpose of carrying out the provisions of
Chapter 526 of the Acts of the General Assembly of Mary-
land of 1943, as amended by Chapter 917 of the Acts of the
General Assembly of 1945, the Washington Suburban Sani-
tary Commission is empowered from time to time to issue
its bonds in an amount not exceeding $1,000,000 in such
denominations and for such terms, not exceeding twenty-five
years, and at such rate, not exceeding four per cent (4%),
as it may determine, such bonds to be the general obliga-
tion of the Washington Suburban Sanitary District, guar-
anteed by both Prince George's and Montgomery Counties
as the construction bonds of the Commission are now guar-
anteed under the provisions of Chapter 122 of the Acts of
1918 and the amendments thereto. This authorization is to
be in addition to any" bonds issued and -outstanding under
the Acts hereinbefore referred to. That for the purpose of
paying the principal of said bonds as they mature and the
interest thereon, the County Commissioners of Prince
George's County and the County Commissioners of Mont-
gomery County are directed to levy annually upon all of
the property assessed for county tax purposes within the
said Sanitary District, upon the certification of the Wash-
ington Suburban Sanitary Commission an ad valorem tax at
a rate necessary to produce annually the sum required to
pay the principal and interest for the current year on said
bonds or any part thereof outstanding, which tax shall be levied
and collected as other Commission ad valorem taxes are levied
and collected and paid to said Commission. In the event the
first maturing interest payment on said bonds becomes due
before the levy and collection of the taxes so authorized
herein, the Commission may advance the interest due at said
first interest paying period out of the proceeds of the sale
of said bonds.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1947.

Approved April 16, 1947.