HARRY HUGHES, Governor
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sewer user charges and of future lateral system construction
costs for extending water and sewer systems to provide
service for State buildings or facilities.
SECTION 2. AND BE IT FURTHER ENACTED, That the State
shall pay Baltimore County $280,000 with interest accruing
after December 31, 1980, at 8 percent per annum, for unpaid
sewer service provided to Spring Grove Hospital during
fiscal years 1978 through 1981.
SECTION 3 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.
Approved May 19, 1981.
- CHAPTER 542
(Senate Bill 500)
AN ACT concerning
Creation of State Debt - Memorial Stadium
FOR the purpose of authorizing the creation of a State Debt
in the amount of $1,000,000, the proceeds to be used
for a State grant to the Mayor and City Council of
Baltimore for the construction, renovation,
improvement, and equipping of Memorial Stadium on 33rd
Street in the City of Baltimore; 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 Memorial Stadium
loan of 1981 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 1980 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.
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