Ch. 122 LAWS OF MARYLAND

Academic and Extension

Center.............................................................................$9,900,000

(C) Frostburg State University (Allegany County):

(I) Design, construct and equip

Music Theatre Facility .................................................$17,780,000

(2) The University of Maryland System may issue, sell and deliver bonds in
accordance with Title 19 of the Education Article of the Code, as amended by this Act,
in the total principal amount of $45,776,500 to finance the academic facilities
hereinabove approved.

(3) The proceeds of the bonds shall be used for the costs of designing,
constructing and equipping the facilities hereinabove approved, including any
architects' and engineers' fees, for financing charges and interest prior to and during
construction and for 1 year after completion of construction, for reserves for the
payment of debt service and for administrative expenses, including the administrative
expenses of issuing the bonds, and for other expenses necessary or allocable to the
facilities hereinabove approved. If the costs of any academic facility approved under
this section are less than the amount specified for each project in paragraph (1) of this
section, the proceeds of the bonds may be used to pay for the costs of any other
academic facility approved in paragraph (1) of this section or for any other purpose for
which the proceeds of the bonds for such academic facilities approved by paragraph (1)
of this section may be used.

(4) The bonds issued under the authority of this Act do not create or constitute
any indebtedness or obligation of the State or of any political subdivision thereof except
the University of Maryland System, and the bonds shall so state on their face. The
bonds do not constitute a debt or obligation contracted by the General Assembly or
pledge the faith and credit of the State within the meaning of Article III, Section 34 of
the Maryland Constitution.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect July June 1, 1990.

Approved April 24, 1990.

CHAPTER 122
(House Bill 50)

AN ACT concerning

Calvert County - Bingo

FOR the purpose of altering the restrictions on certain bingo licensees in Calvert
County with respect to the operation of bingo games during certain hours on
Sunday.

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