HARRY HUGHES, Governor
2541
the amount specified in this Act for abandoned funds]
DISPOSED OF IN ACCORDANCE WITH ARTICLE 78A, SECTION 3 OF THE
ANNOTATED CODE OF MARYLAND (1976 REPLACEMENT VOLUME AND 1977
SUPPLEMENT, AS AMENDED FROM TIME TO TIME). For the purposes
of this Act, funds are encumbered when a project is approved
for a grant under this program for a specific amount, by
action of the Board of Public Works.
(7) NO PART OF THE APPLICANT'S MATCHING FUND MAY
CONSIST OF REAL PROPERTY, OR IN KIND CONTRIBUTIONS, OR FUNDS
EXPENDED PRIOR TO THE DATE AT WHICH THE REQUESTED STATE
GRANT IS APPROVED BY THE BOARD OF PUBLIC WORKS. IN CASE OF
ANY DISPUTE AS TO WHAT MONEY OR ASSETS MAY QUALIFY AS
MATCHING FUNDS, THE BOARD OF PUBLIC WORKS SHALL DETERMINE
THE MATTER, AND THE BOARD'S DECISION SHALL BE FINAL.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1981.
Approved May 19, 1981.
CHAPTER 663
(House Bill 1021)
AN ACT concerning
Creation of a State Debt - Prince George's County
and Montgomery County
Historic Buildings - Buck House
PG-411-81
FOR the purpose of authorizing the creation of a State Debt
in the amount of $2,940,000 $1,427,500 $450,000, the
proceeds to be used for a grant to the
Maryland-National Capital Park and Planning Commission
and, to the City of Bowie, and to the City of Rockville
for the renovation, restoration, rehabilitation,
repair, and improvement of certain historic buildings
the Buck House in Prince George's County and Montgomery
County; requiring the Maryland-National Capital Park
and Planning Commission, the City of Bowie, and the
City of Rockville to provide at least an equal and
matching fund of a certain kind for the same purpose;
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 Prince George's
|
|