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Session Laws, 1979
Volume 737, Page 319   View pdf image
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HARRY HUGHES, Governor                                 319

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) Prior to the payment of any funds under the
provisions of this Act for the purposes set forth in Section
1.(2) above, Baltimore County shall provide at least an
equal and matching fund AMOUNT of [$4,000,000] $6,000,000
$5,550,000 for this project. The County Council and County
Executive of Baltimore County shall have until June 1, 1979,
to present evidence satisfactory to the Board of Public
Works that this fund AMOUNT will be provided. Upon
receiving from the Board of Public Works on or before June
1, 1979, a certification of this suitable evidence the
Treasurer of the State shall spend the proceeds of the loan
AS A STATE GRANT in accordance with the provisions of this
Act. If satisfactory evidence of the raising of at least an
equal and matching fund AMOUNT for this project is not
presented to the Board of Public Works on or before June 1,
1979, the proceeds of the loan shall be transferred to the
Annuity Bond Fund and applied to the debt service
requirements of the State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for
the immediate preservation of the public health and safety
and having been passed by a yea and nay vote supported by
three—fifths of all the members elected to each of the two
Houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved April 12, 1979.

CHAPTER 86

(House Bill 250)

THE BUDGET BILL

(Fiscal Year 1980)

AN ACT for the purpose of making the proposed appropriations
contained in the State Budget for the fiscal year
ending June 30, 1980, in accordance with Article III,
Section 52 of the Maryland Constitution; and generally
relating to appropriations and budgetary provisions
made pursuant to that section.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That subject to the provisions hereinafter set

 

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Session Laws, 1979
Volume 737, Page 319   View pdf image
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