HARRY HUGHES, Governor

5281

Sincerely,
Harry Hughes
Governor

House Bill No. 811

AN ACT concerning

Creation of a State Debt - Community Mental Health
Center Components, Addiction Facilities, Mental
Retardation Facilities, and Developmental Disabilities

Facilities

FOR the purpose of authorizing the creation of a State Debt
in the amount of $1,000,000, the proceeds to be used
for State grants to certain public and other nonprofit
entities for the construction, acquisition, renovation,
and equipment of community mental health center
components, addiction facilities, mental retardation
facilities, and developmental disabilities facilities;
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 Community Mental
Health Center Components, Addiction Facilities, Mental
Retardation Facilities, and Developmental Disabilities
Facilities 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