(a)      (1)      When the charge or a portion of the charge for a water or sanitary sewer connection is made payable on a deferred or installment basis as provided by § 6-102 of this article, the installation of the connection is a benefit to the property, or that part of the property determined by the WSSC to be served by the connection, and the deferred portion of the connection charge and any interest shall be paid by an annual benefit charge in an amount and for a period of years necessary to amortize the account.

            (2)      The water and sewer connection benefit charges established and levied by the WSSC under this section are in addition to any benefit charge established or levied under any other section of this title.

      (b)      The WSSC shall permit the owner of property that is subject to a benefit charge for the deferred portion of a connection charge to extinguish the account and lien by the payment of the principal and any interest due to the time of payment.

      (c)      (1)      Property that is under a benefit assessment under this section is subject to the benefit assessment until the annual or other payments have amortized the charge, including the interest increment.

            (2)      The lien on the property shall continue until paid and extinguished.

            (3)      If a federal, State, county, or other governmental agency, commission, board, or municipal corporation acquires for public use property that is subject to a benefit charge under this section, the benefit charge shall be paid and extinguished as provided in § 5-109 of this title.

      (d)      A benefit charge established and levied under this section shall be collected as provided in § 5-108 of this title.

      (e)      To implement this section, the WSSC may include in the sale of bonds the cost of making connections that are paid on a deferred or installment basis and use any funds obtained.