THEODORE R. MCKELDIN, GOVERNOR 93
tion of surface waters, including storm water drainage,
within the limits of the Town of Seat Pleasant, and for
such purpose, said Mayor and Common Council are given
all of the power and authority, including the right to con-
demn, heretofore given them by law, in the construction
and maintenance of its roadways, alleys, curbs, sidewalks
and gutters, and the right and authority to negotiate with
any public agency and to make contracts with such agency,
including the Washington Suburban Sanitary Commission.
(b) To effectuate the construction of storm water
drains within the Town of Seat Pleasant and areas im-
mediately adjacent thereto, the Mayor and Common Coun-
cil of Seat Pleasant is hereby authorized and empowered
to borrow from time to time on the credit of the Town
such sums of money as it deems necessary in its discretion,
and to issue bonds or certificates of indebtedness therefor,
which shall be payable on or before twenty years from the
date of issuance with interest thereon not to exceed the
rate of six per centum (6%) per annum, payable semi-
annually, unless of shorter duration than at the maturity
of said obligation. The funds derived from the sale of said
bonds or certificates of indebtedness shall be deposited by
the Mayor and Common Council, in some safe banking
institution in the State of Maryland, to be determined by
it and to be subject to the check of the Town Clerk and
Treasurer only when countersigned by the Mayor. Out of
said funds shall be paid only the proper expenses for the
negotiation, sale and liquidation of said bonds or certifi-
cates of indebtedness and for the planning or construction
of storm water sewers and drainage systems, as provided
for herein. The Mayor and Common Council of Seat
Pleasant, Maryland, is hereby authorized to do all acts not
specifically mentioned herein which may be necessary to
issue and sell said bonds or certificates of indebtedness,
provide for the payment thereof and the interest thereon,
and to arrange for the construction of storm water sewers
and drainage systems, as provided for herein. The bonds
or certificates of indebtedness hereunder shall be the direct
obligation of the Mayor and Common Council of Seat
Pleasant, Maryland, and the said corporation shall be
responsible therefor.
(c) For the purpose of providing for the payment of
the principal and the interest on the bonds or certificates
of indebtedness so issued by the Mayor and Common
Council for the construction of any drainage system, there
shall be levied by the Mayor and Common Council a special
assessment, to be known as a drainage system assessment,
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