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HARRY HUGHES, Governor
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2017
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negotiated sale shall mature within a period of not exceeding
[60] 180 days and may be renewed not more than one time for an
additional period not exceeding [60] 180 days.
(c) Such bond anticipation notes shall be payable from the
proceeds of the bonds in anticipation of which they shall be
issued, but the WSSC may, in its discretion, in lieu of retiring
such notes by means of bonds, retire the notes from any funds
available for the payment of such bonds authorized by the WSSC,
in which event the amount of such bonds so authorized shall be
reduced by the amount of such notes so retired. Bond
anticipation notes issued under this authority shall be general
obligations of the sanitary district for which the full faith,
credit and taxing power of the sanitary district shall be pledged
and shall be guaranteed as to payment of principal and interest
by the county councils of Montgomery and Prince George's
counties, and the county councils of Montgomery and Prince
George's counties are hereby authorized and directed to guarantee
such notes substantially in the manner and form and with the
effect provided for the guarantee of the construction bonds of
the sanitary district. The WSSC may, however, at its option,
waive the guarantee by the counties herein prescribed. Bond
anticipation notes issued under the provisions hereof, including
interest thereon, shall be forever exempt from taxation by the
State of Maryland and by the counties and municipalities in said
State.
(d) The powers and authority conferred by this section
shall be additional and supplemental to those conferred by any
other law and shall be liberally construed to effectuate the
purposes hereof.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 31, 1983.
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CHAPTER 632
(House Bill 818)
AN ACT concerning
Baltimore City - Aircraft Altitude
FOR the purpose of altering substituting federal aviation
regulations governing the use of certain navigable airspace
for certain minimum altitude and distance requirements
relating to the area through which aircraft may not tow an
advertisement for promotional purposes over any public or
private sporting arena in Baltimore City; altering a
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