944 Laws of Maryland [Ch. 560
TION OF THE SAID NET AMOUNT WHICH IS EQUAL TO THE
PROPORTION OF THE CONTRACT PAYMENT MADE TO IT
IN RELATION TO ALL THE CONTRACT PAYMENTS.
563L. Definitions, (a) The term "cost", as applied to any facili-
ties financed under the provisions of this law, shall embrace the cost
of construction, purchase or acquisition, the cost of all labor, ma-
terials, machinery and equipment, the cost of all lands, property,
rights, easements and interests acquired by the Commission in con-
nection with the facilities, financing charges, interest prior to and
during construction and for one year after completion of construction,
cost of revenue estimates and of engineering and legal services, plans,
specifications, surveys, estimates of cost and of revenues, expenses
necessary or incident to determining the feasibility or practicability
of the facilities, administrative expense, and such other expenses
as may be necessary or incident to the construction, purchase or
acquisition of such facilities, the financing thereof and the issuance
of bonds under the provisions of this law and placing the facilities in
operation.
(b) The term "current expenses" shall mean the Commission's
reasonable and necessary current expenses of maintaining, repairing
and operating the facilities and shall include, without limiting the
generality of the foregoing, all administrative expenses, insurance
premiums, engineering expenses relating to operation and mainte-
nance, legal expenses, charges of the paying agents, ordinary and
usual expenses of maintenance and repair which may include expenses
not annually recurring, expenses incurred in the performance of its
powers and duties under the provisions of this law, and any other
expenses required to be paid by the Commission under the provisions
of any trust agreement securing revenue bonds or by law, but shall
not include any allowance for depreciation or transfers to the credit
of the sinking fund for the revenue bonds.
(c) The terms "facility" and "facilities" shall mean and shall
include complete works for the treatment of sewage, industrial and
other wastes in the Luke-Westernport area and any area contiguous
thereto or in the vicinity thereof, including all plants, systems,
facilities or properties used or useful or having the present capacity
for future use in connection with the collection, carrying away,
treating, neutralizing, stabilizing or disposing of sewage, industrial
wastes or other wastes, and any integral part thereof, including
sewage treatment plants, disposal fields, lagoons, pumping stations,
drainage ditches, surface water intercepting ditches, outfall sewers,
trunk sewers, intercepting sewers, force mains, pipes, pipe lines, con-
duits, equipment, appurtenances, and all properties, rights, easements
and franchises relating thereto and deemed necessary or convenient
by the Commission for the operation thereof. The terms do not
include lateral sewers serving or connecting to individual properties
and buildings within the Towns of Luke and Westernport or any area
served by lateral sewers of said Towns, it being reserved to said
Towns the function, duty, responsibility and authority to erect, build,
install, operate and maintain the lateral sewers within their respec-
tive jurisdictions.
563M. It is the intent and purpose of this law that the facilities
for the treatment of sewage, industrial and other wastes authorized
herein shall be wholly a self-liquidating project, and the Commission
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