Ch. 815

LAWS OF MARYLAND

(B) "BONDS" MEANS ALL BONDS OR OTHER EVIDENCES OF
INDEBTEDNESS OF THE SERVICE OTHER THAN NOTES, WHETHER GENERAL OR
LIMITED OBLIGATIONS OF THE SERVICE.

[(b)] (C) "Cost" as applied to a water supply project, a
solid waste disposal project, a wastewater purification project,
a service area, a service district, or to any activity undertaken
by the Service, includes: (1) the cost of construction or
acquisition, including the purchase price of any existing project
or the cost of acquiring all OR ANY PORTION OF THE right, title,
or interest in the project and the amount to be paid to discharge
all obligations necessary to vest title to the project or any
part of it in the Service OR OTHER OWNER; (2) the cost of any
reconstruction, extension, enlargement, alteration, repair, or
improvement; (3) the cost of all lands, properties, rights,
easements, interests, franchises, and permits acquired; (4) the
cost of all labor, machinery and equipment, financing charges,
interest prior to and during construction and for [one year] SUCH
PERIOD after completion of construction AS THE SERVICE DEEMS
APPROPRIATE; (5) the cost of revenue estimates, engineering and
legal services, plans, designs, specifications, surveys,
investigations, demonstrations, studies, estimates of cost, other
expenses necessary or incident to determining the feasibility or
practicability of any such acquisition, improvement, or
construction; (6) administrative expenses, and other expenses
necessary or incidental to the financing herein authorized, and
to the acquisition, operation, maintenance, improvement,
construction of water supply, liquid and solid waste project
facilities, and the placing of these project facilities in
operation [by the Service], INCLUDING REASONABLE PROVISION FOR
WORKING CAPITAL; (7) RESERVES FOR PRINCIPAL AND INTEREST AND OR
FOR EXTENSIONS, ENLARGEMENTS, ADDITIONS AND IMPROVEMENTS. Any
obligation or expense incurred [by the Service] prior to the
issuance of bonds OR NOTES under the provisions of this title
[for engineering studies, estimates of costs and revenues, and
for other technical or professional services which may be
utilized in the acquisition, improvement, or construction of the
facilities,] IN CONNECTION WITH THE FOREGOING ITEMS OF COST may
be regarded as a part of [the] SUCH costs [of the facilities].

[(c)] (D) The word "county" includes Baltimore City unless
otherwise indicated.

[(d)] (E) "Director" means Director of the Environmental
Service.

[(e)] (F) "Facility" means a physical structure or
appurtenance built, constructed, ACQUIRED, installed, or
established to perform a function or service in connection with a
water supply, wastewater purification or solid waste disposal
project whether publicly or privately owned and whether existing
or proposed.

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