HARRY HUGHES, Governor

1891

(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 Public Junior, Community, and Regional
Community College Facilities Construction Loan of 1985 in the
aggregate principal amount of $6,000,000. 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 Code.

(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 any applicable architects'
and engineers' fees: to assist the counties and Baltimore City
in financing the design and construction of public junior,
community, and regional community college buildings, site
improvements, and facilities, and in financing the acquisition of
real property or interests in land required in connection with
those buildings, site improvements, and facilities, on the
following terms and conditions:

(a)  Whenever a county or Baltimore City desires, or
whenever the counties that support a regional community college
desire, to participate in the financial assistance provided for
by this Act, the jurisdiction or jurisdictions shall file with
the State Board for Community Colleges a petition and such
information as the State Board for Community Colleges requires,
together with a complete proposal for each project for which
financial assistance is desired. The State Board for Community
Colleges shall submit to the State Board for Higher Education a
copy of each petition and project proposal.

(b)  On receipt of 1 or more petitions, the State
Board for Community Colleges shall make a written report to the
Board of Public Works describing the request or requests for
financial assistance received and recommending a disposition for
each request. The report shall contain a determination of the
priority of needs for public junior, community, and regional
community college facilities among the counties and Baltimore
City.

(c)  The Board of Public Works shall approve each
grant and shall certify the amount of the grant to the Treasurer
and the Comptroller. The Comptroller shall issue his warrant to
the Treasurer to pay the grant to the petitioning jurisdiction or
jurisdictions, when needed, for design and construction or the