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Session Laws, 1976
Volume 734, Page 2568   View pdf image
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2568

LAWS OF MARYLAND

Ch. 914

department, board, commission, agency or institution
specified or named in this Act shall begin any work with
funds secured pursuant to the provisions of this Act
unless satisfactory assurances are made to the Board of
Public Works that the work described in the individual
terms in this Act can be completed with the funds
specified for each such item respectively.

(7)    Where federal funds may be available to help
accomplish any specific projects in this Act, the using
department or agency shall seek the allocation of such
federal funds to apply to the cost of the particular
project. In seeking approval of the Board of Public
Works for award of a contract under a specific
appropriation under this Act, the using department or
agency shall formally advise the Board of Public Works
that efforts have been made through proper administrative
procedures to obtain such federal funds, and the reason,
if any, why the federal funds were not obtained.
Availability of federal funds where allocated is intended
to defray the cost of the approved project, not expand
its scope, except in the case of projects for State parks
and recreation areas of the Department of Natural
Resources. These latter projects may be expanded in
scope beyond that proposed in the specific appropriation
in this Act if the addition of federal funds makes this
possible, but not beyond the total park acreage or area
to which it applies, as evident from the master plan for
State parks and recreation areas adopted by the
Department of Natural Resources.

(8)    Any project listed in Section 1 of this Act
which has not been contracted for within two years from
the effective date of this Act shall be deemed to have
been abandoned. To the extent that the loan authorized
by this Act has been issued within the two year period,
the amount specified herein for any such abandoned
project shall be transferred to the Annuity Bond Fund and
shall be applied to the debt service requirements of the
State. To the extent the loan authorized herein has not
been issued within the two year period, the total bonds
authorized by this Act, but not yet issued, shall be
reduced by the amount specified herein for any such
abandoned project.

(9)    Except as otherwise indicated herein, moneys
derived from the sale of bonds authorized by this Act
shall be used only for capital improvements and for no
other purpose. In determining whether an expenditure
represents a capital improvement, the Board of Public
Works shall be guided by the principle that a capital
improvement is an improvement, the useful life of which
shall be at least equal to the life of the bonds by which
it is financed.

(10)   For any project listed in Section 1 of this
Act which authorizes preliminary planning funds and for
which the program required by Section 10(b) of Article

 

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Session Laws, 1976
Volume 734, Page 2568   View pdf image
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