MARVIN MANDEL, Governor                        723

limitation in said Chapter 122, as amended, on the amount of bonds
that may be issued and shall not be included in computing the amount
of bonds that may be issued under said Chapter 122, as amended, and
said bonds shall be forever exempt from taxation by the State of
Maryland and by the counties and municipalities in said State. The
said bonds shall be guaranteed, as to the payment of principal and
interest, by the County Council and by the County Commissioners,
of both Montgomery and Prince George's Counties, which guarantee
shall be in the form and under the provisions of Section 5 of said
Chapter 122, or any amendment thereof or any section enacted in lieu
thereof. The Commission may, however, at its option, waive the
guarantee of the Counties herein prescribed.

Sec. 2. And be it further enacted, That the proceeds of said
bonds shall be used for the purpose of enlarging, increasing and
augmenting the water supply of the area served by said Commission,
including the construction or enlargement of any impounding
reservoir, filter plant, filtered water storage structure, or pumping
station, and all the necessary pipe lines and accessories appurtenant
thereto, and the construction of major supply lines and reinforcing
mains.

Sec. 3. And be it further enacted, That for the purpose of
retiring bonds authorized to be issued by this Act, and payment
of the interest thereon, there shall be levied against all of the
assessable property within the Sanitary District, by the County
Council and by the County Commissioners of Montgomery and Prince
George's Counties, annually, so long as said bonds are outstanding
and not paid, a tax sufficient to meet the interest on said bonds,
and to pay the principal thereof as the said principal and interest
mature or become due; said tax shall be determined, levied, collected
and paid over to said Commission in the manner provided by Section
6 of said Chapter 122, or any amendment thereof, and all of the pro-
visions of said Section 6 shall apply to the bonds issued hereunder.

Sec. 4. And be it further enacted, That said Commission shall
annually determine the amount necessary to meet the principal and
interest requirements of said bonds, and shall annually fix the water
service charge of said District at such a sum as to produce, in addition
to the costs of said service, and the requirements of any other bonds
issued and outstanding, the annual requirements of which are to be
paid out of said water service, the amount determined as necessary
to pay the annual requirements of the bonds hereby authorized. The
sum so collected annually from water service charges shall be
deducted from the amount which the Commission has determined
to be necessary to be raised by direct taxation upon certification to
the County Council and to the County Commissioners of said
Counties.

Sec. 5. And be it further enacted, That any guarantee of any
water supply bonds heretofore made by the County Council of
Montgomery County and the County Commissioners