HARRY HUGHES, Governor 2367
BY repealing and reenacting, with amendments,
Chapter 671 of the Acts of the General Assembly of
1977, as amended by Chapter 174 of the Acts of
the General Assembly of 1978 and Chapter 707 of
the Acts of the General Assembly of 1979
Section 1(2)(E)(1)(a)(4)
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 1980 in the aggregate principal amount of
$82,976,000 $86,250,000 $85,350,000 $85,515,000. 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 1979
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 1980
(A) Board of Public Works:
(1) General:
(a) To supplement the appropriation
"Construction of the Ellicott City
District Court/Multiservice Center
(Howard County)", as shown on page 1205
of the Acts of 1979; Section 1(7) of
Chapter 420 of the Acts of 1979 being
hereby modified to the extent that said
work may begin upon satisfactory
assurances to the Board of Public Works
that said project can be completed with
the aggregate of the funds herein and
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