HARRY HUGHES, Governor

3751

Commission; providing for the payment of the bonds and
the interest on the bonds by levy of taxes against
assessable property within the Sanitary District;
providing for the collection of water service charges;
providing for the ratification and confirmation of any
guarantee made by the County Council of Montgomery
County and the County Council of Prince George's
County, or the governing body for each county,
respectively, as may be provided by law or instrument
of Charter, if adopted, of any water supply bonds of
the Washington Suburban Sanitary District heretofore
issued.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Washington Suburban Sanitary Commission,
created by Chapter 122, of the Acts of the General Assembly
of Maryland of 1918, be and it is hereby authorized and
empowered to issue bonds of the Washington Suburban Sanitary
District in an aggregate principal amount not exceeding
$80,000,000 $40,000,000, which bonds shall be in addition to
any bonds authorized to be issued under Chapter 122, or any
amendments thereof, or under any other Act of the General
Assembly of Maryland, and shall be registered or coupon
bonds, in such denomination or denominations as shall be
determined by the Commission, and shall bear interest at
such rate or rates annually as the Commission determines to
be advantageous to the District and otherwise in the public
interest, payable semiannually, and shall be retired
serially, the last bond to be retired not later than 40
years from the date of issue. The Commission may offer for
sale and issue bonds, from time to time, as its necessity
requires. The bonds shall be executed and issued under the
same provisions, limitations and restrictions applicable to
the bonds issued by the Commission under the provisions of
Chapter 122, as amended, except that the bonds shall not be
subject to the limitation in 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. The bonds shall be forever
exempt from taxation by the State of Maryland and by the
counties and municipalities in the State. The bonds shall
be guaranteed, as to the payment of principal and interest,
by the County Council for Montgomery County and the County
Council for Prince George's County or the governing body for
each County, respectively, as may be provided by law or
instrument of charter, if adopted, which guarantee shall be
in the form and under the provisions of Section 5 of 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.

SECTION 2. AND BE IT FURTHER ENACTED, That the
proceeds of the bonds shall be used for the purpose of
enlarging, increasing, and augmenting the water supply of
the area served by the Commission, including the