The County
Commissioners of Caroline County, subject to applicable law, including,
but not limited to, Subtitle 9 of Title 9 of the Environment Article
of the Annotated Code of Maryland, are authorized and empowered to
create, join, enter into, operate, provide financing for (including
loan and grant guarantees to third parties), manage, have an ownership
or operational interest in, and otherwise participate in water and/or
sewer districts, authorities, systems, consortiums, and ventures,
in any form or structure, including districts, authorities, systems,
consortiums, and ventures consisting of multiple jurisdictions including
towns, cities, and other water and/or sewer districts, authorities,
systems, or otherwise for the provision of water and/or sewer services
(individually sometimes referred to as a "system" or collectively
as "systems," which terms may be used to describe a water system and/or
a wastewater system).