HARRY HUGHES, Governor                               2659

CHAPTER 711

(House Bill 1897)

AN ACT concerning

St. Mary's County - Hospital Bonds

FOR the purpose of amending Chapter 475 of the Acts of the
General Assembly of 1980 to increase the aggregate
amount that the County Commissioners of St. Mary's
County are authorized and empowered to borrow and issue
and sell bonds for in order to assist in financing the
planning, expansion, reconstruction, rehabilitation,
renovation, and improvement of the facilities of St.
Mary's Hospital of St. Mary's County, as set forth in
that Act.

BY repealing and reenacting, with amendments,

Chapter 475 of the Acts of the General Assembly of 1980
Section 2

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Assembly be repealed, amended, or enacted to read as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 475 of the Acts of 1980

SECTION 2. AND BE IT FURTHER ENACTED, That the County
is hereby authorized and empowered to assist the Hospital in
financing hospital improvements, as defined in Section 1 of
this Act, and to borrow money and incur indebtedness for
that purpose, at one time or from time to time, in an amount
not exceeding, in the aggregate [Twelve Million Dollars
($12,000,000)] Fourteen Million Dollars ($14,000,000), and
to evidence such borrowing by the issuance and sale upon its
full faith and credit of general obligation bonds in like
par amount, which may be issued at one time or from time to
time, in one or more groups or series, as the County may
determine.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1981.

Approved May 19, 1981.

CHAPTER 712
(Senate Bill 804)