3664
LAWS OF MARYLAND
Ch. 661
faithfully execute the said office in all things
appertaining thereto." The cost of said bond shall be paid
by the County Commissioners of Kent County. The inspector
for Kent County shall be known as the "liquor inspector for
Kent County."]
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.
Approved June 1, 1982.
CHAPTER 662
(House Bill 916)
AN ACT concerning
Creation of a State Debt - Memorial Stadium
FOR the purpose of authorizing the creation of a State Debt
in the amount of $1,000,000, the proceeds to be used
for a grant to the Mayor and City Council of Baltimore
for the construction, renovation, improvement, and
equipping equipment of Memorial Stadium on 33rd Street
in the City of Baltimore; 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 Memorial Stadium
Loan of 1982 in the aggregate principal amount of
$1,000,000. 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
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