WILLIAM DONALD SCHAEFER, Governor Ch. 517

have until June 1, 1989, 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, 1989, 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, 1990.

Approved May 29, 1990.

CHAPTER 517
(Senate Bill 865)

AN ACT concerning

Creation of a State Debt - Florence Crittenton Services of Baltimore, Inc.

FOR the purpose of authorizing the creation of a State Debt in the amount of $600,000
$400,000 the proceeds to be used as a grant to Florence Crittenton Services of
Baltimore, Inc. for the expansion, repair, and renovation of the facility in
Baltimore City, subject to the requirement that Florence Crittenton Services of
Baltimore, Inc. provide at least an equal and matching fund of a certain kind for
the same purpose by a certain date; requiring that certain easements be granted to
the Maryland Historical Trust; and providing generally for the issue 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 Florence
Crittenton Services of Baltimore, Inc. Loan of 1990 in the total principal amount of
$600,000 $400,000. This loan shall be evidenced by the issuance, sale, and delivery of
State general obligation bonds authorized by a resolution of the Board of Public Works
and issued, sold, and delivered in accordance with §§ 8-117 through 8-124 of the State
Finance and Procurement Article and Article 31, § 22 of the Code.

(2) The bonds to evidence this loan or installments of this loan may be sold as a
single issue, or may be consolidated and sold as part of a single issue of bonds under §
8-122 of the State Finance and Procurement Article.

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

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