HARRY HUGHES, Governor

2397

AN ACT concerning

Chapter 896 of the Acts of 1978 - Worcester County Jail

FOR the purpose of amending Section 1 of Chapter 896 of the
Acts of the General Assembly of 1978 to alter changing
the total authorization of the State Debt created by
that Act; Worcester County Jail Loan of 1978, the
proceeds to be used for the purpose of assisting in the
construction and equipping of a Worcester County jail
facility; and extending the date by which Worcester
County must provide at least an equal and matching fund
for the same purpose; and clarifying language relating
to the matching fund requirement.

BY repealing and reenacting, with amendments,

Chapter 896 of the Acts of the General Assembly of
1978, as amended by Chapter 681 of the Acts of
the General Assembly of 1979

Section 1 (1) and (5)

SECTION 1. BE IT ENACTED BY THE GENERAL    ASSEMBLY OF

MARYLAND, That chapter(s) of the Acts of    the General

Assembly be repealed, amended, or enacted    to read as
follows:

Chapter 896 of the Acts of 1978, as amended
by Chapter 681 of the Acts of 1979

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF

MARYLAND, That:

1. (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 Worcester County
Jail Loan of 1978 in the aggregate principal amount of
[$2,250,000] $2,750,000. 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 1977 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