HARRY HUGHES, Governor
1203
Chapter 671 of the Laws of Maryland of 1977
Section 1.(2)(G)(1)(c)
BY repealing and reenacting, with amendments,
Chapter 795 of the Laws of Maryland of 1978
Section 1.(3)(I)(4)(a)
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 General Construction
Loan of 1979 in the aggregate principal amount of
$69,090,000 $69,579,900 59,161,900. This loan shall be
evidenced 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 (1976 Replacement Volume and 1978
Supplement, as amended from time to time).
(2) 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.
(3) 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:
GENERAL CONSTRUCTION LOAN OF 1979
(A) Board of Public Works:
(1) Annapolis:
(a) Correction of Fire Safety
Deficiencies in State
Facilities in Annapolis... 200,000
(a) Construction of a two-level
underground parking garage
within Bladen, Calvert, and
St. John's Streets and
College Creek............... 4,080,000
(2) Baltimore:
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