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Session Laws, 1995
Volume 793, Page 2153   View pdf image
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PARRIS N. GLENDENING, Governor                             Ch. 283

as matching funds, the Board of Public Works shall determine the matter and the Board's
decision is final. The [Board of Directors of the Madison Outreach Center, Inc.]
MADISON AVENUE DEVELOPMENT CORPORATION has until June 1, 1996, to present
evidence satisfactory to the Board of Public Works that a matching fund will be provided.
If satisfactory evidence is presented, the Board shall certify this fact and the amount of
the matching fund to the State Treasurer, and the proceeds of the loan equal to the
amount of the matching fund shall be expended for the purposes provided in this Act.
Any amount of the loan in excess of the amount of the matching fund certified by the
Board of Public Works shall be canceled and be of no further effect.

(6) No portion of the proceeds of the loan or any of the matching funds may be
used for the furtherance of sectarian religious instruction, or in connection with the
design, acquisition, or construction of any building used or to be used as a place of
sectarian religious worship or instruction, or in connection with any program or
department of divinity for any religious denomination. Upon the request of the Board of
Public Works, the [Board of Directors of the Madison Outreach Center, Inc.] MADISON
AVENUE DEVELOPMENT CORPORATION shall submit evidence satisfactory to the Board
that none of the proceeds of the loan or any matching funds has been or are being used
for a purpose prohibited by this Act.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1995.

Approved May 9, 1995.

CHAPTER 283
(House Bill 769)

AN ACT concerning

Creation of a State Debt - Garrett County - Glendale Bridge

FOR the purpose of authorizing the creation of a State Debt not to exceed $1,000,000
$500,000
$400,000, the proceeds to be used as a grant to the County Commissioners
of Garrett County for certain development or improvement purposes; providing for
disbursement of the loan proceeds, subject to a requirement that the grantee
provide and expend a matching fund; requiring the Maryland Department of
Transportation to make a certain grant of a certain amount and a certain loan of a
certain amount; requiring the Department of Natural Resources to provide certain
assistance;
and providing generally for the issuance and sale of bonds evidencing the
loan.

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 Garrett County
- Glendale Bridge Loan of 1995 in a total principal amount equal to the lesser of (i)

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Session Laws, 1995
Volume 793, Page 2153   View pdf image
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