2212                                               LAWS OF MARYLAND [Ch. 651

AGAINST THE PROPERTY IN THE HISTORIC DISTRICT FOR WHICH

THE CONVERSION IS MADE IN ORDER TO RECAPTURE SUCH

EXPENDED COSTS AND MAKE APPROPRIATE PROVISIONS FOR THE
COLLECTION THEREOF;

(3) ANY OTHER PROVISIONS REASONABLY RELATED TO THE
OBJECTIVE OF PLACING UNDERGROUND OVERHEAD LINES AND
FACILITIES, AND THE ADMINISTRATION OF SUCH PROJECTS.

(B) [[NOTWITHSTANDING ANY OTHER PROVISIONS OF THE
SECTION,]] THE BALTIMORE GAS AND ELECTRIC COMPANY, THE
CHESAPEAKE AND POTOMAC TELEPHONE COMPANY OF MARYLAND, ANY
OTHER APPLICABLE UTILITIES, AND ANY CATV COMPANY WHOSE
OVERHEAD LINES AND FACILITIES MAY BE INVOLVED SHALL PLACE
UNDERGROUND EXISTING OVERHEAD LINES AND FACILITIES WITHIN
THE HISTORIC AREA OF THE CITY OF ANNAPOLIS AS THAT AREA
IS DEFINED BY THE HISTORIC DISTRICT COMMISSION OF THE
CITY OF ANNAPOLIS. THE PROVISIONS OF SUBSECTION (A) OF
THIS SECTION ARE APPLICABLE IN REFERENCE TO THE COSTS AND
FINANCING TO PROPERTY OWNERS.

(C)    [[NOTWITHSTANDING ANY OTHER PROVISION OF THE
SECTION,]] THE POTOMAC EDISON COMPANY, THE CHESAPEAKE AND
POTOMAC TELEPHONE COMPANY OF MARYLAND, ANY OTHER
APPLICABLE UTILITIES, AND ANY CATV COMPANY WHOSE OVERHEAD
LINES AND FACILITIES MAY BE INVOLVED SHALL PLACE
UNDERGROUND EXISTING OVERHEAD LINES AND FACILITIES WITHIN
THE HISTORIC AREA OF THE CITY OF FREDERICK AS THAT AREA
IS DEFINED BY THE HISTORIC DISTRICT COMMISSION OF THE
CITY OF FREDERICK. THE PROVISIONS OF SUBSECTION (A) OF
THIS SECTION ARE APPLICABLE IN REFERENCE TO THE COSTS AND
FINANCING TO PROPERTY OWNERS.

[[(D) NOTWITHSTANDING ANY OTHER PROVISION IN THIS
SECTION, THE PUBLIC SERVICE COMMISSION SHALL PERMIT THE
INCLUSION IN ANY RATE BASE IT MAY SUBSEQUENTLY ESTABLISH
FOR BALTIMORE GAS AND ELECTRIC COMPANY, THE POTOMAC
EDISON COMPANY, THE CHESAPEAKE AND POTOMAC TELEPHONE
COMPANY OF MARYLAND AND ANY OTHER APPLICABLE UTILITIES,
THE NET CAPITAL COSTS INCURRED BY EACH FOR THE
UNDERGROUNDING OF LINES AND FACILITIES IN THE HISTORIC
AREAS OF THE CITY OF ANNAPOLIS AND THE CITY OF
FREDERICK. ]]

(D)    NOTWITHSTANDING ANY OTHER PROVISION IN THIS
SECTION THE PUBLIC SERVICE COMMISSION SHALL PRESCRIBE THE
AMOUNT OF THE MONTHLY SURCHARGE REQUIRED TO SUPPORT THE
[[SAID]] NET CAPITAL COSTS AND DETERMINE WHICH CUSTOMERS
OF THE APPLICABLE UTILITY ARE SUBJECT TO THE SURCHARGE,

OR__THE COMMISSION SHALL INCLUDE THE RELATED NET CAPITAL

COSTS IN THE RATE BASE, OR SHALL ADOPT ANY OTHER METHOD
TO APPROPRIATELY APPORTION THE SAID COSTS. HOWEVER, IN NO
EVENT SHALL THE UTILITY BE REQUIRED TO PAY MORE THAN 50
PERCENT OF THE NET CAPITAL COSTS. THE [[MUNICIPALITY]]