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Session Laws, 1985
Volume 760, Page 2176   View pdf image
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2176

LAWS OF MARYLAND

Ch. 315

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: as a grant to the
County Executive and County Council of Baltimore County for the
purpose of the planning, reconstruction, renovation, and
conversion of an existing structure on the Hannah More property
to a youth center.

(5) [Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above, the
County Executive and County Council of Baltimore County shall
provide at least an equal and matching fund of $70,000. No part
of an applicant'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 real
property, in kind contributions, or funds expended prior to the
effective date of this Act. In case of any dispute as to 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 County Executive and County Council of Baltimore
County have until June 1, 1986, to present evidence satisfactory
to the Board of Public Works that the matching fund will be
provided. If satisfactory evidence is presented, the Board shall
certify this fact to the State Treasurer and the proceeds of the
loan shall be expended for the purposes provided in this Act. If
this evidence is not presented by June 1, 1986, the proceeds of
the loan shall be applied to the purposes authorized in Article
78A, § 3 of the Code.] THE PAYMENT OF ANY FUNDS, UNDER THE
PROVISIONS OF THIS ACT FOR THE PURPOSES SET FORTH IN SECTION 1(3)
ABOVE, SHALL BE CONTINGENT UPON THE PROVISION BY THE COUNTY
EXECUTIVE AND COUNTY COUNCIL OF BALTIMORE COUNTY OF A SUM UP TO
$70,000 AS A MATCHING FUND FOR THIS PROJECT. NO PART OF THE
APPLICANT'S MATCHING FUND MAY BE PROVIDED, EITHER DIRECTLY OR
INDIRECTLY, FROM STATE FUNDS, WHETHER APPROPRIATED OR
UNAPPROPRIATED. NO PART OF THE APPLICANT'S MATCHING FUND MAY
CONSIST OF REAL PROPERTY OR IN KIND CONTRIBUTIONS. IN CASE OF
ANY DISPUTE AS TO WHAT MONEY OR ASSETS MAY QUALIFY AS THE
APPLICANT'S MATCHING FUND, THE BOARD OF PUBLIC WORKS SHALL
DETERMINE THE MATTER AND THE BOARD'S DECISION IS FINAL. THE
COUNTY EXECUTIVE AND COUNTY COUNCIL OF BALTIMORE COUNTY HAVE
UNTIL JUNE 1, 1987, TO PRESENT EVIDENCE SATISFACTORY' TO THE BOARD
OF PUBLIC WORKS OF THE SUM THAT IT HAS RAISED AS A MATCHING FUND
FOR THIS PURPOSE. UPON A CERTIFICATION OF SUITABLE EVIDENCE FROM
THE BOARD OF PUBLIC WORKS ON OR BEFORE JUNE 1, 1987, THE PROCEEDS
OF THE LOAN SHALL BE EXPENDED IN ACCORDANCE WITH THE PROVISIONS
OF THIS ACT. TO THE EXTENT THAT SATISFACTORY EVIDENCE OF THE
RAISING OF A SUM UP TO $70,000 AS A MATCHING FUND FOR THIS
PROJECT IS NOT PRESENTED TO THE BOARD OF PUBLIC WORKS ON OR
BEFORE JUNE 1, 1987, NO FUNDS UNDER THE PROVISIONS OF THIS ACT
SHALL THEREAFTER BE PAID OVER TO OR EXPENDED FOR THE PURPOSES SET
FORTH IN SECTION 1(3) ABOVE, AND THE REMAINING PROCEEDS OF THE
LOAN SHALL BE APPLIED TO THE PURPOSES AUTHORIZED IN ARTICLE 78A,
§ 3 OF THE CODE. Furthermore, the County Executive and County
Council of Baltimore County shall grant and convey a perpetual

 

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Session Laws, 1985
Volume 760, Page 2176   View pdf image
 Jump to  
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