HARRY HUGHES, Governor

4063

agency, [pursuant to] UNDER the provisions of any law THAT
[requiring] REQUIRES [such] redemption, [then] the payment
to the [commission] WSSC shall be the capitalized amount of
the actual benefit charge[, but in no event]. HOWEVER, IT
MAY NOT BE less than the charge which would develop if the
property were in the small acreage classification, with the
redemption amount calculated as [hereinabove] provided IN
THIS SECTION.

(C)  Upon the receipt of [such] A sum[, or sums,] from
the extinguishment or redemption of one or more front foot
benefit charges, the [commission] WSSC:

(1)  [shall] SHALL purchase and cancel one or
more bonds out of the series of bonds issued for [the
purpose of] the construction [which] THAT was the basis of
the front foot benefit charge[,]; or

(2)  [the commission may] MAY invest or use the
sum [or sums so] paid to:

(I)  [construct] CONSTRUCT other water and
sanitary sewer lines for which benefit charges are
levied[,]; or

(II)  [for amortizing] AMORTIZE any bonds
issued for the purpose of constructing [such] water and
sanitary sewer lines[, that is, those] for which benefit
charges are levied under [section 5-1] § 5-101 of this
[article] TITLE.

(D) (1) The [commission is hereby authorized to] WSSC
MAY make up any deficiency in the purchase of a bond or pay
a premium [if required,] out of any surplus funds available.

(2)  The extinguishment or redemption of any
benefit charge shall be conditional until the last year of
maturity of the bonds from the proceeds of which the
construction was done[, and].

(3)  [if] IF [following] AFTER redemption or
extinguishment the use of the property changes to another
class so that the property would be placed in a different
class yielding a greater annual benefit charge than that
utilized for computing the redemption amount, the
[commission] WSSC may reclassify the property and reimpose a
benefit charge for the remaining number of years,
calculating the benefit charge[, however, so as] to give
credit for the sum paid for extinguishment or redemption.

5-104, Unusual or difficult connections.

[(g)] (A) The [Commission] WSSC: