3412 VETOES
provision by the County Council of Anne Arundel County
of at least an equal and matching fund of a certain
kind for the same purpose; specifying the location of
the Detention Center; 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 Anne Arundel County
Detention Center Loan of 1981 in the aggregate principal
amount of $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 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.
(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: to assist
the renovation and expansion of the Anne Arundel County
Detention Center. Any expansion of the Anne Arundel County
Detention Center shall be located on or adjacent to the site
of the existing Detention Center.
(4) There is hereby levied and imposed an annual State
tax on all assessable property in the State in rate and
amount sufficient to pay the principal of and interest on
the bonds as and when due and until paid in full, such
principal to be discharged within fifteen years of the date
of issue of the bonds.
(5) The payment of any funds under the provisions of
this Act for the purpose set forth in Section 1(3), above,
shall be contingent upon the provision by Anne Arundel
County of a sum up to $750,000 as a matching fund for this
project. Anne Arundel County shall have until June 1, 1983,
to present evidence satisfactory to the Board of Public
Works of the sum that it has raised as a matching fund for
this purpose. Upon a certification of suitable evidence
from the Board of Public Works on or before June 1, 1983,
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