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Session Laws, 1980
Volume 739, Page 2641   View pdf image
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HARRY HUGHES, Governor

2641

CHAPTER 770

(House Bill 928)

AN ACT concerning

Creation of a State Debt - Community Mental Health Center

Components, Addiction Facilities, Mental Retardation

Facilities, and Developmental Disabilities Facilities

For the purpose of authorizing the creation of a State Debt
in the amount of $1,000,000, the proceeds to be used
for State grants to certain public and other nonprofit
community mental health center components, addiction
facilities, mental retardation facilities, and
developmental disabilities facilities in this State for
the construction, acquisition, renovation, and/or
equipping of community mental health center components,
addiction facilities, mental retardation facilities,
and developmental disabilities facilities; 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 Community Mental
Health Center Components, Addiction Facilities, Mental
Retardation Facilities, and Developmental Disabilities
Facilities Loan of 1980 in the aggregate principal amount of
$1,000,000. 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: for State
grants to qualified applicants for the construction,
acquisition, renovation, and/or equipping of Community
Mental Health Center Components, Addiction Facilities,

 

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Session Laws, 1980
Volume 739, Page 2641   View pdf image
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