288                              Laws of Maryland                       [Ch. 225

trict in an aggregate principal amount not exceeding $5,000,000
$4,000,000 for paying the cost of storm water or surface drainage
systems, including any portion of the costs of sanitary sewer or
water supply facilities resulting from the construction or planned
construction of such systems in the Washington Suburban Sani-
tary District, to authorize the issuance of notes in anticipation of
the issuance of such bonds, and to provide for the payment of such
bonds and notes and the interest thereon.

Section 1. Be it enacted by the General Assembly of Maryland,
That Chapter 779 of the Acts of the General Assembly of Maryland
of 1957, be, and it is hereby, repealed.

Sec. 2. And be it further enacted, That, for the purpose of pay-
ing the cost of storm water or surface drainage systems and carry-
ing out the provisions of Chapter 526 of the Laws of Maryland of
1943, as amended by Chapter 917 of the Laws of Maryland of 1945,
and Chapter 732 of the Laws of Maryland of 1947 with respect
thereto, the Washington Suburban Sanitary Commission is em-
powered to issue from time to time bonds of the Washington Subur-
ban Sanitary District as hereinafter provided in an aggregate prin-
cipal amount not exceeding five FOUR million dollars ($5,000,000
$4,000,000), which bonds shall be in addition to any bonds author-
ized to be issued under any other law for such purpose. The cost of
such storm water or surface drainage systems shall be deemed to
include, in addition to all other items of cost, any portion of the costs
of the design and construction of trunk sewers, sewage pumping
stations and sewage disposal facilities and major water supply lines
and reinforcing mains and other sanitary sewer and water supply
facilities of the Washington Suburban Sanitary District which the
Commission shall determine to have been or will be incurred on
account of the construction or planned construction of such storm
water or surface drainage systems. Said bonds shall be dated, shall
bear interest at such rate or rates not exceeding five per centum
(5%) per annum, shall mature at such time or times not exceeding
forty years from their date or dates, as may be determined by the
Commission, and may be made redeemable before maturity, at the
option of the Commission, at such price or prices and under such
terms and conditions as may be fixed by the Commission prior to the
issuance of the bonds. Such bonds may be issued in coupon or in
registered form, or both, as the Commission may determine, and
provision may be made for the registration of any coupon bonds as
to principal alone. The Commission shall fix the denomination or
denominations of the bonds and the form and manner of execution
of the bonds and of any interest coupons to be attached thereto.

(b) Said Commission is hereby authorized and empowered to
issue its negotiable notes from time to time in anticipation of the
issuance of bonds authorized under this Section. Such notes may be
issued for periods not exceeding one year and may be renewed from
time to time for periods not exceeding one year, but such notes, in-
cluding renewals, shall mature and be paid not more than five years
from the date of the note or notes first issued. Such notes shall bear
interest at a rate or rates not exceeding five per centum (5%) per
annum, the interest to be payable at such time or times on or be-
fore the maturity of the notes as the Commission shall determine.
Such notes shall be in such form and shall be executed in such man-