HARRY HUGHES, Governor
4053
the official seal of the [commission] WSSC shall be
impressed upon the bonds; provided, however, that the
[commission] WSSC may authorize any of such officials to
sign the bonds with his facsimile signature; except that
each of such bonds shall be manually signed by at least
[one] 1 of such officials; and provided, further, that the
[commission] WSSC may authorize a facsimile of the official
seal of the [commission] WSSC to be imprinted on the bonds,
in which case it shall not be necessary that such official
seal be impressed physically upon the bonds. Such guarantee
or endorsement by [the county council and by the county
commissioners] MONTGOMERY AND PRINCE GEORGE'S COUNTIES shall
be signed on each of such bonds on behalf of each county by
the county executive [and the clerk of the board of county
commissioners] OF EACH COUNTY or by any officer designated
for such purpose by the county executive [and county
commissioners], by his facsimile or manual signature as the
county executive [and the board of county commissioners]
shall each respectively determine, within [twenty] 20 days
after the bonds are presented by the [commission] WSSC for
the signing of such endorsement. In the event of any
liability under the above guarantee, such liability for each
county shall be in such proportion as the assessable basis
of that part of either county within the sanitary district
bears to the assessable basis of the whole of such district.
Notwithstanding the foregoing provisions of this paragraph,
the [commission] WSSC may, at its option and pursuant to the
provisions of § [4-3] 4-103 of this [article] TITLE, waive
the guarantee of such counties above provided for.
(c) For the purpose of retiring bonds authorized to be
issued by this section, 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] COUNTY COUNCILS of Montgomery and
Prince George's counties, annually so long as the bonds are
outstanding and not paid, a tax sufficient to meet the
interest on the bonds, and to pay the principal thereof as
the principal and interest mature or become due; the tax
shall be determined, levied, collected and paid over to the
[commission] WSSC in the manner provided by § [4-5] 4-105 of
this [article] TITLE, and all of the provisions of § [4-5]
4-105 OF THIS TITLE shall apply to the bonds issued
hereunder.
(d) For the purpose of retiring the bonds authorized
to be issued by this section and the payment of the interest
thereon and for the purpose of paying for the cost of the
maintenance of its sewerage system and its disposal
facilities, including the overhead expense and proper
depreciation allowance, and payments to [the commissioners
of] the District of Columbia for disposal Of sanitary
district sewage, the [commission] WSSC shall be empowered
and directed to make a sewer usage charge, chargeable
against all properties connected to the- [commission's]
|
![clear space](../../../images/clear.gif) |