1362                            JOINT RESOLUTIONS

Resolved, That the Secretary of State of Maryland is directed to
send a copy of this Resolution under the Great Seal of the State of
Maryland to the National Park Service of the United States De-
partment of the Interior.

Approved May 6, 1966.

No. 21

(Senate Joint Resolution 27)

Senate Joint Resolution urging the Board of Trustees of the State
Colleges to re-evaluate its policy with regard to the financing of
dormitories for students at the State Colleges by means of revenue
bond issues.

Whereas, The Board of Trustees of the State Colleges in June of
1964 considered and approved recommendations of its Advance
Planning Committee concerning the construction of additional dormi-
tories at the State Colleges to meet the needs of the increased stu-
dent population, and approved a prohibition on the construction of
residence halls at three of the State Colleges (Towson, Bowie and
Coppin State Colleges) from State funds, and they suggested that
consideration be given to the possibility of constructing residence
halls with self-liquidating revenue bond financing; and

Whereas, Subsequently in January of 1965, the Governor, upon
submitting the 1965 General Construction Loan program to the
General Assembly, stated that the State would no longer provide
funds for dormitory expansion at the State Colleges and directed
the Board of Trustees to explore other available methods for dormi-
tory construction. At the 1965 Session the General Assembly in-
dicated its desire that the Board consider the use of revenue bonds
financing by giving to the Board a general authorization to issue self-
liquidating revenue bonds which is contained in Sections 165A
through 165J, inclusive, of Article 77 of the Annotated Code; and

Whereas, The Board now informs the General Assembly that it
will give priority to those facilities at the State Colleges which are
absolutely indispensable to expansion of enrollment, which means it
will de-emphasize construction of dormitories at Towson, Bowie and
Coppin State Colleges, and the Board further states that it will
ultimately re-appraise its policies on dormitory construction, but
that for the present, and in consideration of the great need for in-
structional and related facilities, the Board will not engage in revenue
bond financing of dormitories, because the Board had no experi-
ence with self liquidating dormitories (emphasis supplied) IS NOT
ENGAGED IN PROMOTING A DORMITORY PROGRAM FOR
ALL INSTITUTIONS IN THE STATE COLLEGE SYSTEM; and

Whereas, In view of this position of the Board, the General As-
sembly feels it is incumbent upon it to suggest to the Board that it
examine the usage which the Universities of Illinois and Maryland
and the New York State University have made of revenue-bond
dormitory financing, and to suggest to the Board that it abandon its
timid attitude to REAPPRAISE the use of revenue bond financing,