HARRY HUGHES, Governor

3731

(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 Chesapeake Bay Shoreline Improvement Loan
of 1984 in the aggregate principal amount of $2,000,000. 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 (1983 Replacement Volume, 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 applicable
architects' and engineers' fees, and subject to the conditions
and limitations of this Act: to provide State grants to certain
local jurisdictions to assist with certain eligible costs for the
acquisition, design, construction, equipping, rehabilitation and
improvement of projects designed to enhance the shoreline of the
Chesapeake Bay.

(4)  (a) For purposes of this Act, "project" means a project
involving the improvement of the Chesapeake Bay Shoreline,
including: the restoration or improvement of existing public
waterfront property; the abatement of eroding shoreline; the
establishment or creation of environments or habitats for
wildlife or aquatic resources; facilities for public access for
recreational or educational purposes; the restoration of
waterways and streams; and the removal of debris.

(b)  For purposes of this Act, "local jurisdiction"
has the meaning provided in § 8-1802 of the Natural Resources
Article.

(c)  For purposes of this Act, "eligible costs" means
the costs of a project eligible for a grant, and includes the
cost of plans and specifications, equipment, rehabilitation,
repair, removal, improvement, construction, land, easements, and
rights of way. Feasibility studies, staff and operating costs
shall not be considered eligible costs.

(d)  For purposes of this Act, "Chesapeake Bay
Shoreline" means the Chesapeake Bay critical area as provided in
§ 8-1807 of the Natural Resources Article, as amended.