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3240 LAWS OF MARYLAND Ch. 8 15
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(House Bill 1347)
AN ACT concerning
Creation of a State Debt — Caroline County Jail
FOR the purpose of authorizing the creation of a State
Debt in the amount of $250,000, the proceeds to be
used for the renovation, rehabilitation, and
equipping of the Caroline County Jail, subject to
the requirement that Caroline County provide at
least an equal and matching sum for the same
purpose; and providing generally for the issue and
sale of bonds evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money and
incur indebtedness on behalf of the State of Maryland
through a State loan to be known as the Caroline County
Jail Loan of 1977 in the aggregate principal amount of
$250,000. This loan shall be evidences by the issuance
and sale of State general obligation bonds authorized by
a resolution of the Board of Public Works and issued,
sold and delivered in accordance with the provisions of
§§ 19 to 23 of Article 31 of the Annotated Code of
Maryland (1971 Replacement Volume and 1975 Supplement, as
amended from time to time).
The bonds issued to evidence this loan or
installments thereof may be sold as a single issue, or
may be consolidated and sold as part of a single issue of
bonds under § 2B of Article 31 of the Code.
(2) The actual cash proceeds of the sale of the
bonds shall be paid to the Treasurer and shall be first
applied to the payment of the expenses of issuing and
delivering the bonds unless funds for this purpose are
otherwise provided and thereafter shall be credited on
the books of the State Comptroller and expended, upon
approval by the Board of Public Works, for the following
public purposes, including any applicable architects' and
engineers' fees to assist in the renovations,
rehabilitation, and equipping of the Caroline County
Jail.
(3) The payment of any funds under the provisions
of this Act for the purpose, of providing a State grant to
assist in the rehabilitation, renovation, and equipping
of the Caroline County Jail shall be contingent upon the
provisions by Caroline County of at least an equal and
matching fund for this project from county funds. The
Board of County Commissioners of Baltimore Caroline
County shall have until June 1, 1979 to present evidence
satisfactory to the Board of Public Works that it will
provide at least an equal and matching fund for the
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