HARRY HUGHES, Governor
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BY repealing and reenacting, with amendments,
Chapter 174 of the Acts of the General Assembly of
1978, as amended by Chapter 707 of the Acts of
the General Assembly of 1979 and Chapter 519 of
the Acts of the General Assembly of 1980
Section 1.(3)
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 General Construction
Loan of 1982 in the aggregate principal amount of
$105,605,000 $97,362,000 $97,377,000 $96,448,000
$98,633,000. 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 1981 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:
GENERAL CONSTRUCTION LOAN OF 1982
(A) Board of Public Works:
(1) State Government Center - Annapolis:
(a) To supplement the appropriation,
"Acquisition of Public Housing (51
units) on St. John's Street" as shown on
page 328 of the Acts of 1970; Section 8
of Chapter 101 of the Acts of 1970 being
hereby modified to the extent that said
acquisition may begin upon satisfactory
assurances to the Board of Public Works
that said acquisition can be completed
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