J. MILLARD TAWES, GOVERNOR                            927

District in an amount not exceeding $500,000.00 $250,000, the pro-
ceeds of the same to be used for the establishment, development
and operation of a marina and boat basin in connection with the
Anacostia River Basin Flood Control and Navigation Project; au-
thorizing said authority to construct, maintain and operate build
ings, piers, and structures, and other ancillary facilities pertinent
to or in connection with the marina and boat basin; authorizing
said authority to lease or rent the buildings, structures and piers to
private persons, firms or corporation for the conduction of busi-
ness enterprises therein; PIERS AND OTHER WATERFRONT
WORKS AND FACILITIES, INCLUDING A SEAFOOD BUILD-
ING, AND AUTHORIZING SAID AUTHORITY TO LEASE OR
RENT SAID PIERS AND OTHER FACILITIES TO PRIVATE
PERSONS, FIRMS OR CORPORATIONS FOR THE CONDUC-
TION OF BUSINESS ENTERPRISES THEREIN; AUTHOR-
IZING SAID AUTHORITY TO LEASE LAND AT THE
MARINA TO PERSONS, FIRMS, OR CORPORATIONS TO
CONSTRUCT AND OPERATE BUILDINGS AND OTHER
FACILITIES THEREON, PROVIDED THAT SUCH BUILD-
INGS AND OTHER FACILITIES SHALL BECOME THE
PROPERTY OF THE COMMISSION AFTER TWENTY
YEARS; conferring powers and imposing duties upon the said
Commission; providing that the bonds of the authority shall
be payable from the revenues obtained from such marina and boat
basin, and to the extent that such revenues may be inadequate to
provide the funds necessary to pay the principal and interest on
the bonds in any year, authorizing the County Commissioners of
Prince George's County to levy an ad valorem tax in rate an
amount sufficient to make up such deficiency; exempting such
bonds and interest thereon from taxation; providing that the credit
of Prince George's County may be pledged by the issuance of the
bonds herein authorized; and authorizing the acceptance of appro-
priations by the municipal, State or Federal government.

Section 1. Be it enacted by the General Assembly of Maryland,

(a) That the Washington Suburban Sanitary Commission be and
it is hereby authorized to issue at one time or from time to time
bonds, certificates, or other evidence of indebtedness, of the Wash-
ington Suburban Sanitary District in an aggregate principal amount
not exceeding Five Hundred Thousand Dollars ($500,000) TWO
HUNDRED FIFTY THOUSAND DOLLARS ($250,000) for the
purpose of paying all or any part of the cost or purchase price of
any one or more of the projects provided for in this Act. The bonds,
certificates or other evidence of indebtedness of each issue shall be
dated, shall bear interest at such rate or rates not exceeding five per
centum (5%) per annum, payable semi-annually, and shall mature
at such time or times not exceeding twenty-five years from their
date or dates, as may be determined by the said Commission. The
bonds of each issue may be made redeemable before maturity at the
option of the Commission at such price or prices and under terms
and conditions as may be fixed by the Commission prior to the issu-
ance of the bonds. Such bonds may be issued in coupon or in regis-
tered form, or both, as the Commission may determine, and provision
may be made for the registration of any coupon bonds as to principal
alone.