WILLIAM DONALD SCHAEFER, Governor Ch. 481

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, 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 $---— $39,000,000 which
bonds shall be in addition to any bonds authorized to be issued
under Chapter 122 of the Acts of 1918, or any amendments thereof,
or under any other Act of the General Assembly of Maryland, and
shall be fully registered bonds without coupons in a form that
the Commission deems necessary or desirable, 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 Sanitary 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 such 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 may not be subject
to the limitation in Chapter 122, as amended, on the amount of
bonds that may be issued and may not be included in computing the
amount of bonds that may be issued under 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 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, 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, however, at its option may waive the guarantee of the
counties prescribed in this Act.

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 construction or enlargement of any
impounding reservoir, filter plant, filtered water storage
structure, or pumping station, and all the necessary pipelines
and accessories appurtenant thereto, and the construction of
major supply lines and reinforcing mains.

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