3606                                      LAWS OF MARYLAND                                    Ch. 634

SECTION 3 4. AND BE IT FURTHER ENACTED, That this
Act shall take effect July 1, 1982.

Approved June 1, 1982.

CHAPTER 635

(House Bill 626)

AN ACT concerning

Creation of a State Debt -
Prince George's County Detention Center

FOR the purpose of authorizing the creation of a State Debt
in the amount of $8,275,000 $7,000,000, the proceeds to
be used as a grant to assist in the construction or
purchase and equipping equipment of the Prince George's
County Detention Center Complex subject to the
requirement that the County Council of Prince George's
County provide at least an equal and matching fund of
a certain type for the same purpose by a certain date;
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
County Detention Center Loan of 1982 in the aggregate
principal amount of $8,275,000 $7,000,000. 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