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ROBERT L. EHRLICH, JR., Governor Ch. 189
Chapter 326 of the Acts of 2001, as amended by Chapter 30 of the Acts of 2003
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(5) Prior to the payment of any funds under the provision of this Act for the
purposes set forth in Section 1(3) above, the grantee shall provide and expend a
matching fund. No part of the grantee's matching fund may be provided, either
directly or indirectly, from funds of the State, whether appropriated or
unappropriated. No part of the fund may consist of funds expended prior to the
effective date of this Act. The fund may consist of real property or in kind
contributions. In case of any dispute as to the amount of the matching fund or what
money or assets may qualify as matching funds, the Board of Public Works shall
determine the matter and the Board's decision is final. The grantee has until June 1,
[2005] 2007, to present evidence satisfactory to the Board of Public Works that a
matching fund will be provided. If satisfactory evidence is presented, the Board shall
certify this fact and the amount of the matching fund to the State Treasurer, and the
proceeds of the loan equal to the amount of the matching fund shall be expended for
the purposes provided in this Act. Any amount of the loan in excess of the amount of
the matching fund certified by the Board of Public Works shall be canceled and be of
no further effect.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2005.
Approved April 26, 2005.
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CHAPTER 189
(Senate Bill 1016)
AN ACT concerning
Baltimore City - Human and Community Development Centers Loan of 1998
FOR the purpose of amending the Baltimore City - Human and Community
Development Centers Loan of 1998 to require that the loan proceeds be
encumbered by the Board of Public Works or expended for certain purposes by a
certain date.
BY repealing and reenacting, with amendments,
Chapter 180 of the Acts of the General Assembly of 1998
Section 1
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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- 1135 -
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