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5220
VETOES
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:
for the acquisition, improvement, and rehabilitation of
property and property rights of any kind in rail facilities
within and without the State of Maryland as follows:
Townsend, Delaware to Centreville; Massey to Chestertown;
Clayton, Delaware to Easton; Queen Anne's to Denton;
Seaford, Delaware to Cambridge; Preston to Hurlock;
Salisbury to Hebron; King's Creek to Crisfield; [and]
Littlestown, Pennsylvania to Frederick; AND WESTMINSTER TO
CEDARHURST. These property rights may be acquired on the
terms and conditions recommended by the Secretary of
Transportation and the Board of Public Works.
(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.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1982.
June 1, 1982
The Honorable Benjamin L. Cardin
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed House Bill 56.
This bill adds the acquisition, improvement, and
rehabilitation of rail facilities of Westminster to
Cedarhurst in the Rail Property Acquisition Loan of 1981.
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