190 LAWS OF MARYLAND. [Ch. 93

levied against property for water supply construction, and half
of all sums collected by the Mayor and Common Council of
Manchester for water connections, as provided in Section 10,
shall be set aside as a separate fund, to be known and desig-
nated as the "Current Interest and Sinking Fund, " if sinking
fund bonds are used, and "Current Bond Fund" if serial bonds
are used, from which fund interest shall be paid on all out-
standing bonds, and the balance, if any, transferred to the
"Water Supply Sinking Fund Account'' if sinking fund bonds
are used, or to the "Water Supply Bond Account'' if serial
bonds are used, as provided under Section 5. The Mayor
and Common Council of Manchester, in order to determine the
amount necessary to be levied under Section 5 shall deduct the
amount of their credit in said "Current Interest and Sinking
Fund, " if sinking fund bonds are used, or in said ''Water Sup-
ply Bond Account" if serial bonds are used, from the whole
amount necessary to be raised in any one year for interest
and sinking fund on outstanding bonds, if sinking fund bonds
are used, or for interest and principal on outstanding bonds if
serial bonds are used, and the balance remaining to be raised
shall be the amount to be collected by taxation as provided
under Section 5.

SEC. 12. And be it further enacted, That for the purpose
of providing funds for maintaining, repairing and operating
their water supply system, including overhead expenses and
property depreciation allowance, said Mayor and Common
Council of Manchester shall be empowered and directed to
make such service rates as they may deem necessary charge-
able against all properties having a connection with any water
main under their ownership. Said rates shall be uniform
throughout the town of Manchester, but subject to change from
time to time, as necessary. The rates for service shall consist
of a minimum or ready-to-serve charge which shall be based
upon the size of the meter on the water connection leading to
the property, and of a charge for water used, which shall be
based upon the amount of water passing the meter during the
period between the last two readings, said meter being required
to be placed on each water connection by, and at the sole ex-
pense of, the Mayor and Common Council of Manchester.
Bills for the amount of the charges as above specified shall be
sent quarterly or semi-annually, as the Mayor and Common
Council of Manchester may determine, to each property served,
and shall thereupon be payable at the office of the Mayor and