MARVIN MANDEL, Governor                        989

DATE ON WHICH AN INITIAL PLAN FOR SUCH COUNTY
OR BALTIMORE CITY, AS REQUIRED BY SECTION 4 OF THIS
ACT, BECOMES EFFECTIVE IN SUCH COUNTY OR IN BAL-
TIMORE CITY; OR (2) JANUARY 1, 1970; WHICHEVER DATE
IS EARLIER; PROVIDED, HOWEVER, THAT THE PROVI-
SIONS OF SECTION 4 OF ARTICLE 51 OF THE CODE, AS
CONTAINED IN THIS ACT, RELATING TO THE PREPARA-
TION AND APPROVAL OF JURY SELECTION PLANS, SHALL
BE EFFECTIVE JULY 1, 1969.

Approved May 2, 1969.

CHAPTER 409
(Senate Bill 182)

AN ACT to authorize the creation of a State debt in the aggregate
amount of Sixty six Million Four Hundred Fifty eight Thousand
Nine Hundred Dollars ($66,458,900) SEVENTY-SIX MILLION
FIFTY-EIGHT THOUSAND TWO HUNDRED DOLLARS
($76,058,200), the proceeds thereof to be used for certain neces-
sary building, construction, demolition, planning, deferred main-
tenance and equipment purposes of this State, for acquiring cer-
tain land and options in connection therewith, and providing
generally for the issue and sale of Certificates of Indebtedness
evidencing such loan and, for the purposes of this Act, modify-
ing the provisions of Section 8 of Chapter 504 of the Acts of
1966, Section 8 of Chapter 759 of the Acts of 1967, Chapter 169
of the Acts of 1968, Section 8 of Chapter 435 of the Acts of
1968 and the provisions of Section 341 (d-3) of Article 66½ of
the Annotated Code of Maryland (1967 Replacement Volume).

Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is hereby authorized and directed
to issue a State loan to be known as the "General Construction Loan
of 1969" in the aggregate sum of Sixty-six Million Four Hundred
Fifty eight Thousand Nine Hundred Dollars ($66,458,900) SEV-
ENTY-SIX MILLION FIFTY-EIGHT THOUSAND TWO HUN-
DRED DOLLARS ($76,058,200).

The certificates evidencing said loan may be issued all at one time
or, in groups, from time to time, as hereinafter provided. All of said
certificates evidencing said loan, or any group thereof, shall be issued
according to what is known as the serial annuity plan so worked out
as to discharge the principal represented by said certificates within
fifteen (15) years from the time of its issue; provided, however, that
it shall not be necessary to provide for the redemption of any part
of the principal represented by any certificates for the first two (2)
years from the time of the issuance of said certificates.

The Board of Public Works shall, and is hereby authorized and
empowered to, pass a resolution or resolutions, from time to time,
determining and setting forth: