Theodore R. McKeldin, Governor 939
including any municipality or public authority of any adjoining State,
for the treatment and disposal of sewage, industrial and other wastes;
(4) To enter upon, use, occupy, and dig up any street, road, high-
way or private or public lands necessary to be entered upon{ used or
occupied in connection with the acquisition, construction or improve-
ment, maintenance or operation of the facilities; subject, however, to
such reasonable local police regulation as may be established by the
governing body of any municipality having jurisdiction in the par-
ticular respect, AND PROVIDED THE COMMISSION PAYS THE
COST OF RELOCATING ANY SEWER, WATER, GAS, ELEC-
TRIC OR OTHER UTILITY PROPERTY WHICH IT IS NECES-
SARY TO RELOCATE IN ORDER TO CONSTRUCT, OPERATE
OR MAINTAIN THE FACILITIES, AND ANY SUCH COST OF
RELOCATION SHALL BE INCLUDED IN THE COST OF THE
FACILITIES;
(5) To apply for, receive and accept any Federal, State, County,
private or other grants for or in aid of the planning, construction, pur-
chase or acquisition, operation, maintenance or financing of any such
facilities, and to receive, and accept contributions from any source of
either money, property, labor or other things of value, to be held, used
and applied for the purposes for which such grants and contributions
may be made, whether such grants be by free grant or gift or other-
wise.
563B. Revenue Bonds Authorized, (a) The Commission is hereby
authorized and empowered to provide by resolution for the issuance
at one time, or in series from time to time, of revenue bonds of the
Commission for the purpose of providing funds for paying the cost
of facilities for the treatment and disposal of sewage, industrial and
other wastes in the Luke-Westernport area and any area contiguous
thereto or in the vicinity thereof. Such bonds and any interest
coupons to be attached thereto shall be executed in such manner as
may be determined by the Commission.
(b) The bonds of each series issued under the provisions of this
Section shall bear interest at a rate or rates not exceeding five per
centum (5%) per annum, payable semi-annually, and shall be stated,
to mature at such time or times, not exceeding forty (40) years from
their date, as may be determined by the Commission.
(c) The proceeds of the bonds of each series issued under the pro-
visions of this section shall be paid to the trustee under the trust
agreement securing such bonds and shall be disbursed in such manner
and under such restrictions, if any, as may be provided in such trust
agreement.
(d) Revenue bonds issued under the provisions of this law shall
not be deemed to constitute a debt of the State or of any political sub-
division thereof or a pledge of the faith and credit of the State or of
any such political sub-division, but such bonds shall be payable solely
from the funds herein provided therefor from revenues of the facili-
ties. All such revenue bonds shall contain on the face thereof a state-
ment to the effect that neither the Commission nor the State nor any
political sub-division thereof shall be obligated to pay the same or the
interest thereon except from revenues and that neither the faith and
credit nor the taxing power of the State or any political sub-division
thereof is pledged to the payment of the principal of or the interest on
such bonds.
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