|
STATE OF MARYLAND
|
|
|
CHARGES
|
DURING FISCAL
|
YEAR 1969
|
REPAYMENTS
|
DURING FISCAL
|
YEAR 1969
|
|
|
|
BALANCE
|
|
|
|
|
|
|
BALANCE
|
|
DUE FROM:
|
July 1, 1968
|
|
|
|
|
|
|
June 30, 1969
|
|
|
|
Principal
|
Interest
|
Total
|
Principal
|
Interest
|
Total
|
|
|
Area Redevelopment Acts of 1962:
|
|
|
|
|
|
|
|
|
|
Airpax Electronics, Inc.
|
$ 49,918.77
|
|
$ 2,246.84
|
$ 2,246.34
|
|
$ 2,246.34
|
$ 2,246.34
|
$ 49,918.77
|
|
Arnold Graphic Industries, Inc.
|
48,057.50
|
|
1,067.50
|
1,057.50
|
|
2,116.00
|
2,115.00
|
47,000.00
|
|
Custom Pet Food Packers, Inc
|
49,681.26
|
|
1,023.76
|
1,023.76
|
|
|
|
60,705.00
|
|
Chesapeake Clamchip Corp
|
26,401.69
|
|
547.21
|
547.21
|
|
|
|
26,948.90
|
|
Bishop Transport Products Corp
|
8,180.00
|
|
|
|
|
|
|
8,180.00
|
|
Adjustment to be Applied 1968-1969
|
23.53
|
|
|
|
|
23.63
|
23.53
|
|
|
Total — Area Redevelopment
|
|
|
|
|
|
|
|
|
|
Act of 1962
|
$ 182,262.74
|
|
$ 4,874.80
|
$ 4,874 80
|
|
$ 4,384.87
|
$ 4,384.87
|
$ 182,752.67
|
|
Hospital Construction Loan of 1964:
|
|
|
|
|
|
|
|
|
|
St. Joseph's Hospital, Baltimore
Frederick Memorial Hospital
South Baltimore General Hospital
Washington County Hospital, Hagerstown
Greater Baltimore Medical Center
Church Home and Hospital, Baltimore
Easton Memorial Hospital, Easton
Suburban Hospital Assoc , Bethesda
Franklin Square Hospital, Baltimore
|
$ 7,364,17425
1,931,996.25
7,200,000.00
1,875,000.00
6,912,947.71
985,000.00
625,000.00
1,800,000.00
|
$ 2,400,00000
625,000.00
1,250,000.00
2,000,000 00
|
$ 292,505.00
72,160.06
826,972 14
75,607.50
227,415.02
32,120 85
83,680 92
68,256 00
|
$ 292,505 00
72,160.06
2,726,972.14
700,607.50
227,415 02
32,120.85
1,283,680 92
68,256 00
2,000,000 00
|
$ 141,220 75
89,912 31
12,309 66
91,294.00
|
$ 292,505.00
72.160.06
151.972.14
76,607.50
227.415.02
32,120.85
33,680 92
68,266.00
|
$ 433,725 75
72,160 06
161,972.14
75,607.50
817,327.33
44,430.50
33,680.92
159,560.00
|
$7,222,953.50
1,981,996.25
9,776,000.00
2,600,000.00
6,828,035.40
972,690.36
1,875,000.00
1,708.706.00
2,000,000.00
|
|
Sinai Hospital, Baltimore
|
|
500,000 00
|
|
500,000 00
|
|
|
|
500,000 00
|
|
Annapolis Emergency Hospital Assoc.
Mercy Hospital, Baltimore
Provident Hospital, Baltimore
|
|
2,703,750 00
1,969,500 00
1,100,000 00
|
|
2,708,760 00
1,969,600 00
1,100,000 00
|
|
|
|
2,708,760 00
1,969,500.00
1,100,000.00
|
|
Total — Hospital Construction
|
|
|
|
|
|
|
|
|
|
Loan of 1964
|
$28,694,11821
|
$12,548,250.00
|
$ 1,128,71749
|
$13,676,967.49
|
$ 334,736 71
|
$ 953,717 49
|
$ 1,288,464.20
|
$41,082,631.50
|
|
General Public Regional Community College
|
|
|
|
|
|
|
|
|
|
Construction Loan of 1965.
|
|
|
|
|
|
|
|
|
|
Caroline County
|
|
$ 218,955.00
|
|
$ 218,956 00
|
|
|
|
$ 218,955 00
|
|
Kent County
|
|
168,053.00
|
|
168,063 00
|
|
|
|
168,053.00
|
|
Queen Anne's County
|
|
196,267.00
|
|
196,267 00
|
|
|
|
196,267.00
|
|
Total— General Public Regional
|
|
|
|
|
|
|
|
|
|
Community College Con-
|
|
|
|
|
|
|
|
|
|
struction Loan of 1965
|
|
$ 583,275.00
|
|
$ 588,275 00
|
|
|
|
$ 583,275.00
|
|
New Marsh Wholesale Produce Market
|
|
|
|
|
|
|
|
|
|
Authority Loan of 1957
|
$626,477.40
|
$ 134,587.50
|
|
$ 134,687.50
|
$ 70,751 07
|
|
$ 70,751.07
|
$ 690,313.83
|
|
Advances for Capital Improvements:
|
|
|
|
|
|
|
|
|
|
Baltimore County
|
$165,974.28
|
|
|
|
|
|
|
$ 165,974.28
|
|
City of Salisbury
|
16.541.S9
|
|
|
|
|
|
|
16,541.39
|
|
Town of Northeast
|
23,033 38
|
|
|
|
|
|
|
23,038.38
|
|
Total — Advances for Capital
|
|
|
|
|
|
|
|
|
|
Improvements
|
$ 205,549 05
|
|
|
|
|
|
|
$ 205,549.05
|
|
GRAND TOTAL
|
$194,454,801.63
|
$24,671,112 50
|
$6,933,80510
|
$3 1,604,9 17. 60
|
$14,487.259 40
|
$6,758,315 17
|
$21,245,574 57
|
$204,814,144.66
|
in connection with the General Public School Construction Loans, the Attorney General has advised:
1. That participating counties do not become a debtor of the State of Maryland by reason of their participation in the State School Construction Program after July 1, 1958, since Chapter 86 "Laws
of 1958" expressly provides that: "The indebtedness of any county .... shall not be considered to be increased by reason of the receipts by said county . . . after January 1, 1958, of money from
participation by such political subdivisions in the General Public School Construction Loan of 1956 authorized by Chapter 80 of the Acts of the General Assembly of 1956, or any similar act passed
or to be hereafter passed."
2. The participating counties are not obliged to levy taxes in rate and amount sufficient to repay the principal and interest on funds received by it from the State as a result of its participation in the
State School Construction Program, since Chapter 86 expressly provides that "No County .... shall be required to levy ad valorem taxes upon its taxable basis for the purposes of repaying to the
State any such money received during the calendar year 1958 or any subsequent year, or the interest or carrying charges with respect to such money, by said county. . ..."
8. It is not necessary for the county to Include in ita schedule the "bonded debtedness" amounts received by it after January 1,1958, from the State School Construction Program since there are no
bonds issued by the county in connection with the funds received, Chapter 86, as above set forth, specifically provides that the indebtedness of any county shall not be considered to be increased
by reason of its receipts after January 1, 1958 of such funds.
|
 |
