Ch. 685                                    LAWS OF MARYLAND

(b) If the WSSC OR PRINCE GEORGE'S COUNTY, after reviewing
a plan submitted by the City of Bowie, advises the City that the
WSSC OR PRINCE GEORGE'S COUNTY finds that construction in
accordance with the plan will cause stormwater runoff problems in
the maintenance of existing [WSSC] facilities or construction and
maintenance of planned facilities, the City of Bowie may not
authorize the issuance of a permit or authorize construction to
begin until the matter is resolved by the parties or by the
court.

4-101.

(a) (1) For the purpose of providing funds for the design,
construction, reconstruction, establishment, extension,
enlargement, purchase or condemnation of the water[,] AND
sewerage [and drainage] systems in the sanitary district, or in
any other areas where extension of any of the aforementioned
systems may be authorized by law, or for the construction,
remodeling, enlargement or replacement of any office or operating
building or buildings required for the administration or
operation of any of the systems, including the acquisition of
land or equipment, the WSSC is authorized and empowered to issue
bonds of the sanitary district, from time to time, in such
amounts as it may deem necessary to carry on its work, but the
aggregate amount of bonds heretofore or hereafter issued under
this section which may be outstanding at any time, less the
amount held in the joint sinking fund account for the payment of
the principal of the bonds, shall not exceed 14 percent of the
total assessable basis of all property assessed for county
taxation purposes within the sanitary district; provided,
however, that in computing the amount of bonds which may be
issued under this section, there shall not be included any bonds
heretofore or hereafter issued for the payment of which the WSSC
is required by law to fix and collect water service charges at
least sufficient to pay the principal and interest requirements
of such bonds. Bonds hereafter issued under the authority of
this section shall be serial bonds with the principal of any
given issue payable annually, commencing not more than 3 years
from the date of the bonds. The bonds may be either registered
or coupon bonds, or registerable as to principal with interest
represented by coupons and issued in such denomination or
denominations as shall be determined by the WSSC, shall bear
interest as provided in § 4-104 of this title payable
semi-annually and shall mature not exceeding 40 years from the
date of issue, and all bonds of the sanitary district or of the
WSSC, including those heretofore issued, shall be forever exempt
from taxation by the State of Maryland and by the counties and
municipalities in the State. Any bonds hereafter issued by the
WSSC in its name or in the name of the sanitary district may be
made redeemable before maturity at the option of the WSSC, at
such price or prices and under such terms and conditions as may
be fixed by the WSSC prior to the issuance of such bonds.

- 3192 -