816                               LAWS OF MARYLAND                        [CH. 391

13.20—Capital Financing by Signatory Parties; Guarantees.

(a)  The signatory parties shall provide such capital funds re-
quired for projects of the commission as may be authorized by their
respective statutes in accordance with a cost sharing plan prepared
pursuant to Article 12 of this compact; but nothing in this section
shall be deemed to impose any mandatory obligation on any of the
signatory parties other than such obligations as may be assumed by
a signatory party in connection with a specific project or facility.

(b)  Bonds of the commission, notwithstanding any other provi-
sion of this compact, may be executed and delivered to any duly
authorized agency of any of the signatory parties without public
offering and may be sold and resold with or without the guaranty of
such signatory party, subject to and in accordance with the constitu-
tions of the respective signatory parties.

(c)  The commission may receive and accept, and the signatory
parties may make, loans, grants, appropriations, advances, and pay-
ments of reimbursable or nonreimbursable funds or property in any
form for the capital or operating purposes of the commission.

78.

Article 14

Plan, Program and Budgets

14.1—Comprehensive Plan. The commission shall develop and
adopt, and may from time to time review and revise, a comprehensive
plan for the immediate and long range development and use of the
water resources of the basin. The plan shall include all public and
private projects and facilities which are required, in the judgment of
the commission, for the optimum planning, development, conserva-
tion, utilization, management, and control of the water resources of
the basin to meet present and future needs. The commission may
adopt a comprehensive plan or any revision thereof in such part or
parts as it may deem appropriate, provided that before the adoption
of the plan or any part or revision thereof the commission shall con-
sult with water users and interested public bodies and public utilities
and shall consider and give due regard to the findings and recom-
mendations of the various agencies of the signatory parties, their
political subdivisions, and interested groups. The commission shall
conduct public hearings upon due notice given with respect to the
comprehensive plan prior to the adoption of the plan or any part of
the revision thereof, except that public and private projects and
facilities which, in the judgment of the commission, are not required
for the optimum planning, development, conservation, utilization,
management, and control of the water resources of the basin and
which, in the judgment of the commission, will not significantly
affect the water resources of the basin, may be added directly to the
comprehensive plan at any time at the discretion of the commission
without public hearing thereon. The comprehensive plan shall take
into consideration the effect of the plan or any part thereof upon the
receiving waters of Chesapeake Bay.

14.2—Water Resources Program. The commission shall annually
adopt a water resources program, based upon the comprehensive
plan, consisting of the projects and facilities which the commission
proposes to be undertaken by the commission and by other author-
ized governmental and private agencies, organizations, and persons