HARRY HUGHES, Governor 1979
prevocational/vocational center in Baltimore County for persons
with developmental disabilities.
(4) An annual State tax is imposed on all assessable
property in the State in rate and amount sufficient to pay the
principal of and interest on the bonds, as and when due and until
paid in full. The principal shall be discharged within 15 years
after the date of issue of the bonds.
(5) Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above. The
Chimes, Inc. shall provide at least an equal and matching fund of
$50,000 $100,000 $50,000. No part of an applicant's matching
fund may be provided, either directly or indirectly, from funds
of the State, whether appropriated or unappropriated. No part of
the fund may consist of real property, in kind contributions, or
funds expended prior to the effective date of this Act. In case
of any dispute as to what money or assets may qualify as matching
funds, the Board of Public Works shall determine the matter, and
the Board's decision is final. The Chimes, Inc. has until June
1, 1988, to present evidence satisfactory to the Board of Public
Works that the matching fund will be provided. If satisfactory
evidence is presented, the Board shall certify this fact to the
State Treasurer and the proceeds of the loan shall be expended
for the purposes provided in this Act. If this evidence is not
presented by June 1, 1988, the proceeds of the loan shall be
applied to the purposes authorized in § 8-129 of the State
Finance and Procurement Article.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1986.
Approved May 13, 1986.
CHAPTER 553
(House Bill 1266)
AN ACT concerning
Creation of a State Debt - Prologue, Inc.
FOR the purpose of authorizing the creation of a State Debt in
the amount of $100,000, the proceeds to be used as a grant
to Prologue, Inc. for the purpose of the acquisition,
planning, design, renovation, reconstruction,
rehabilitation, improvement, and equipping of a building in
Baltimore County accessible to public transportation to
provide community rehabilitation programming for persons
with chronic mental health needs, subject to the requirement
that Prologue, Inc. provide at least an equal and matching
|