HARRY HUGHES, Governor 2177
preservation easement on the exterior and interior of the
structures, where appropriate, and on the land to the Maryland
Historical Trust, in form and substance acceptable to the Trust.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1985.
Approved May 21, 1985.
CHAPTER 316
(House Bill 501)
AN ACT concerning
Creation of a State Debt - Queen Anne's County Jail
FOR the purpose of authorizing the creation of a State Debt in
the amount of $2,000,000, the proceeds to be used as a grant
to the Board of County Commissioners of Queen Anne's County
for the purpose of the design, construction, and equipping
of the Queen Anne's County Jail, subject to the requirement
that the Board of County Commissioners of Queen Anne's
County provide at least an equal and matching fund of a
certain kind for the same purpose by a certain date; and
providing generally for the issue and sale of bonds
evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(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 Queen Anne's County Jail Loan of 1985 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 and 1984 Supplement, 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
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