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Session Laws, 1983
Volume 745, Page 1105   View pdf image
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1105
HARRY HUGHES, Governor
housing authority, AND BONDS OF THE WASHINGTON COUNTY HOUSING
AUTHORITY may be sold either at public or private sale in the
manner and upon the terms as are authorized by resolution of the
Commission or the [authority] AUTHORITIES.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983. Approved May 24, 1983.
CHAPTER 325 (Senate Bill 313) AN ACT concerning Creation of a State Debt - Lyric Theater The Lyric FOR the purpose of authorizing the creation of a State Debt in
the amount of $1,000,000, the proceeds to be used as a grant
to the Lyric Foundation, Inc. to assist the Lyric
Foundation, Inc. in the continuation of the modernization of
the Lyric Foundation, Inc. provide: The Lyric, subject to
the requirement that the Lyric Foundation, Inc. provide at
least an equal and matching fund of a certain kind for the
same purpose by a certain date; providing that certain
easements be granted to the Maryland Historical Trust; 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 Lyric Theater The Lyric Loan of 1983 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 1982 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


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Session Laws, 1983
Volume 745, Page 1105   View pdf image
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