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Session Laws, 1968
Volume 683, Page 1313   View pdf image
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SPIRO T. AGNEW, Governor                      1313

CHAPTER 653
(House Bill 225)

AN ACT to authorize the issuance of bonds of the Washington
Suburban Sanitary District in an aggregate principal amount not
exceeding $6,000,000 for paying the cost of storm water, surface
drainage or flood control projects or systems in the Prince George's
County portion of the District, including the payment of any por-
tion of the costs of sanitary sewer or water supply facilities re-
sulting from the construction or planned construction of such storm
water, surface drainage or flood control systems, 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,
(a) That, for the purpose of paying the cost of storm water, surface
drainage or flood control projects or systems and carrying 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 to storm
water and surface drainage systems, including the cost of any
engineering or other surveys of storm water, surface drainage or
flood control needs in the District or any portion thereof THAT POR-
TION OF THE WASHINGTON SUBURBAN SANITARY DIS-
TRICT SITUATED IN PRINCE GEORGE'S COUNTY, and for
the purpose of paying for or towards the construction in the herein
mentioned
THAT portion of the Washington Suburban Sanitary
District of any storm water, surface drainage or flood control project
or system WHICH IS THE subject of an agreement between the
WASHINGTON SUBURBAN SANITARY Commission and another
governmental or public authority, commission or agency pursuant
to Chapter 228 of the Laws of Maryland of 1959 or any other law,
the Washington Suburban Sanitary Commission is empowered to
issue from time to time bonds of the Washington Suburban Sanitary
District as hereinafter provided in an aggregate principal amount
not exceeding six million dollars ($6,000,000), which bonds shall be
in addition to any bonds authorized to be issued under any other law
for such purpose. The cost of such storm water, surface drainage
or flood control projects or 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 facili-
ties of the Washington Suburban Sanitary District which the Com-
mission shall determine to have been or will be incurred on account
of the construction or planned construction of such storm water,
surface drainage or flood control projects or systems. Said bonds
shall be dated, shall bear interest at such rate or rates not exceeding
six per centum (6%) per annum, shall mature at such time or times
not exceeding forty years from their date or dates, as may be deter-
mined 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 Com-
mission prior to the issuance of the bonds. Such bonds may be issued

 

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Session Laws, 1968
Volume 683, Page 1313   View pdf image
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