clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1974
Volume 713, Page 2701   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

MARVIN MANDEL, Governor                            2701

Comptroller, to be expended as needed by the State, upon
approval by the Board of Public Works, and [[as further
provided in this Act,]] for the purpose of assisting in
the construction, renovation, improvement and equipping
of the existing Montgomery County Detention Center,
including the payment of architects' and engineers' fees.

SECTION 6. AND BE IT FURTHER ENACTED, That the
payment of any funds under the provisions of this Act for
the purpose of providing a State grant to assist in
construction, renovation, improvement, and equipping the
existing Montgomery County Detention Center shall be
contingent upon the provision by Montgomery County of at
least an equal and matching fund for this; project from
county funds.

SECTION [[6]] 7. AND BE IT FURTHER ENACTED, That
all funds which may be appropriated at any time or from
time to time by the General Assembly in any Annual State
Budget Bill for the payment of principal and interest on
bonds issued pursuant to this Act shall be deposited in
the Annuity Bond Fund by the State Comptroller to be
applied to the payment of principal and interest on bonds
issued pursuant to this Act.

SECTION [[7]] 8. AND BE IT FURTHER ENACTED, That
until all of the interest on and principal of any bonds
issued under this Act shall have been paid in full, there
is hereby levied and imposed an annual State tax on each
$100 of assessable property at the rate to be determined
in the following manner: On or before May 1, 1975 and on
or before May 1 in each taxable year thereafter, the
Board of Public Works shall certify to the governing
bodies of each of the counties and Baltimore City the
rate of State tax on each $100 of assessable property
necessary to produce revenue to meet interest and
principal which will be payable to the close of the next
ensuing taxable year on all bends theretofore issued or
authorized by resolution of the Board of Public Works to
be issued, and the governing bodies of each of the
counties and of Baltimore City shall forthwith levy and
collect such tax at such rate.

Provided, however, that the levy or levies required
by this section shall not be made and the tax or taxes
shall not be collected in any year to the extent that, on
or before May 1, 1975, and on or before May 1 in each
taxable year thereafter the Board of Public Works
determines upon a certified statement rendered to the
Board by the State Comptroller that payment of principal
and interest on the bonds issued pursuant to this Act
will be met during the ensuing taxable year from funds

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1974
Volume 713, Page 2701   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives