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Volume 737, Page 1985   View pdf image
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HARRY HUGHES, Governor

1985

Chapter 174 of the Acts of the General Assembly of 1978
Section 1 and 3 and 4

BY repealing and reenacting, with amendments,

Chapter 671 of the Acts of the General Assembly of
1977, as amended by Chapter 174 of the Acts of
the General Assembly of 1978

Section 1 (2) (E) (1) (a)(4)

As amended by

Chapter 174 of the Acts of the General Assembly of 1978

Section 2

Chapter 174 of the Acts of the General Assembly of

1978
Section 1 and 5

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That chapter(s) of the Acts of the General
Assembly be repealed, amended, or enacted to read as
follows:

Chapter 174 of the Acts of 1978

[SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF

MARYLAND, That:

(1)    The Board of Public Works may borrow money and
incur indebtedness on behalf of the State of Maryland
through a State loan to be known as the Correctional

Complex Fort - Armistead [Complex—Fort Armistead] MEDIUM

SECURITY FACILITIES Loan of 1978 in the aggregate principal
amount of $26,000,000. This loan shall be evidenced by the
issuance and sale of State general obligation bonds
authorized by a resolution of the Board of Public Works and
issued, sold and delivered in accordance with the provisions
of §§ 19 to 23 of Article 31 of the Annotated Code of
Maryland (1976 Replacement Volume and 1977 Supplement, as
amended from time to time).

(2)    The bonds issued to evidence this loan or
installments thereof may be sold as a single issue, or may
be consolidated and sold as part of a single issue of bonds
under § 2B of Article 31 of the Code.

(3)    The actual cash proceeds of the sale of the bonds
shall be paid to the Treasurer and shall be first applied to
the payment of the expenses of issuing and delivering the
bonds unless funds for this purpose are otherwise provided
and thereafter shall be credited on the books of the State
Comptroller and expended, upon approval by the Board of
Public Works, for the following public purposes, including
any applicable architects' and engineers' fees:

 

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Session Laws, 1979
Volume 737, Page 1985   View pdf image
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