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2231
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HARRY HUGHES, Governor
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Chapter 403 of the Acts of 1969, as added by
Chapter 523 of the Acts of 1981
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2A.
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The aggregate amount of the State loan authorized to be
issued by this Act is $56,000,000 which shall be reduced at the
times and by the amounts listed in this section to the aggregate
sum of $20,000,000 according to the following schedule:
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Effective Date--------------Amount of ---------New Total of
of Reduction ------------Certificates To-------Authorized
--------------------------------------- Be Reduced---------Indebtedness
July 1, 1981--------------$3,600,000---------$52,400,000
July 1, 1982--------------$3,600,000----------48,800,000
July 1, [1983] 1984-------$3,600,000-------- $45,200,000
July 1, [1984] 1985-------$3,600,000----------41,600,000
July 1, [1985] 1986-------$3,600,000-----------38,000,000
July 1, [1986] 1987-------$3,600,000----------34,400,000
July 1, [1987] 1988------$3,600,000----------30,800,000
July 1, [1988] 1989-------$3,600,000----------27,200,000
July 1, [1989] 1990------ $3,600,000----------23,600,000
July 1, [1990] 1991-------$3,600,000----------20,000,000
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11T.
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THE DEPARTMENT OF NATURAL RESOURCES MAY NOT USE PROGRAM OPEN
SPACE FUNDS TO ACQUIRE LAND IN GARRETT COUNTY IN EXCESS OF THE
TOTAL AMOUNT OF LAND OWNED BY THE DEPARTMENT IN THAT COUNTY ON
JUNE 1, 1983. THIS SECTION DOES NOT PROHIBIT THE DEPARTMENT FROM
EXCHANGING LAND, AS LONG AS THE TOTAL ACREAGE DOES NOT EXCEED
THAT AMOUNT OWNED BY THE DEPARTMENT ON JUNE 1, 1983.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1983.
Approved May 31, 1983.
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