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Session Laws, 1992, April and November Special Sessions
Volume 809, Page 139   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                            Ch. 4

(4)     An annual 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 matching grant funds under the provisions of this
Act for the purposes set forth in Section 1 above, grantees shall provide at least equal and
matching funds as specified. No part of a grantee'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. Grantees have until June 1, 1994 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, 1994 the proceeds of the loan shall
be applied to the purposes authorized in Section 8-129 of the State Finance and
Procurement Article.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Chapter 520 of the Acts of 1982, as amended
by Chapter 421 of the Acts of 1990

Section 1(3)(G)(1)

(a) Headquarters:

(4) To supplement the appropriation for acquisition of the Latrobe
Site, "and construction of a 250-bed minimum security unit ...",
first made by Chapter 693 on page 2382 of the Acts of 1980, and
amended by Chapter 724 on page 2708 of the Acts of 1981; Section
1(6) of Chapter 671 of the Acts of 1977, the original bond
authorization providing funds to support the appropriation, being
hereby modified to the extent that work may begin upon
satisfactory assurances to the Board of Public Works that the
project can be completed with the aggregate of the funds herein
and heretofore appropriated for that purpose (Baltimore City).....

(8) PROVIDE A PORTION OF THE FUNDS TO ACQUIRE
PROPERTY FOR A NEW MEDIUM/MINIMUM SECURITY
FACILITY (SITE TO BE DETERMINED)...................................

[2,233,000]
2,206,000

27,000

- 139 -

 

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Session Laws, 1992, April and November Special Sessions
Volume 809, Page 139   View pdf image
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