1314                           LAWS OF MARYLAND                       CH. 653

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)     The bonds authorized by the Commission to be issued here-
under at any one time for payment of the cost of storm water, surface
drainage or flood control projects or systems, including the cost of
any engineering or other surveys in connection therewith, in the
Prince George's County THAT portion of the Washington Suburban
Sanitary District SITUATED IN PRINCE GEORGE'S COUNTY,
shall constitute a separate series from any other bonds of the District,
and the proceeds therefrom shall be used for the aforesaid purposes
in the said THAT portion of the District. For the payment of the
principal of and the interest on the bonds of such series, and for the
payment of the interest on any notes issued under the provisions of
subsection (c), below, in anticipation of the issuance of any bonds of
such series, the County Commissioners of Prince George's County
shall levy annually upon all of the property assessed for county tax
purposes within the SUCH portion of said Sanitary District in
Prince George's County, upon the certification of the Washington
Suburban Sanitary Commission, an ad valorem tax at a rate necessary
to produce annually the sum required to pay such principal and inter-
est for the current year, which tax shall be levied and collected as
other Commission ad valorem taxes are levied and collected and paid
to said THE Commission. Said THE bonds and any notes issued in
anticipation thereof for the purposes stated in this Section shall be
guaranteed as to both principal and interest by the County Commis-
sioners of Prince George's County, and the County Commissioners
of Prince George's County are hereby authorized and directed to
guarantee said bonds and notes substantially in the manner and form
provided for guarantee of the construction bonds of said Sanitary
District. Such guarantee shall operate as a pledge of the full faith
and credit of the County Commissioners of Prince George's County
to the payment of the maturing principal of and interest on said bonds
and notes and, to the extent that the taxes above provided for in this
Section and any other moneys available or to become available there-
for (either through the issuance of bonds or notes authorized here-
under or otherwise) are inadequate to provide the funds necessary
to pay such principal and interest in any year, said County Commis-
sioners shall levy upon all property subject to taxation within Prince
George's County ad valorem taxes in rate and amount sufficient to
make up any such deficiency.

(c)     The Commission is 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, including
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 six per centum (6%) per
annum, the interest to be payable at such time or times on or before
the maturity of the notes as the Commission shall determine. Such
notes shall be in such form and shall be executed in such manner as