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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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PUBLIC UTILITIES |
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DIVISION II. WASHINGTON SUBURBAN SANITARY COMMISSION. |
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TITLE 22. BONDS AND NOTES |
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SUBTITLE 1. GENERAL OBLIGATION BONDS AND NOTES. |
§ 22-111. Water service charge
Latest version.
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Each year the Commission shall:
(1) determine the amount necessary to pay the principal and interest requirements of the bonds; and
(2) set the water service charge of the sanitary district at a rate sufficient to pay:
(i) the cost of the service; and
(ii) the requirements of bonds, issued and outstanding, that are to be paid out of the water service.