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HARRY HUGHES, Governor 1855
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, 1988, the proceeds of the loan shall be applied to the
purposes authorized in § 8-129 of the State Finance and
Procurement Article.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1986.
Approved May 13, 1986.
CHAPTER 490
(House Bill 770)
AN ACT concerning
Creation of a State Debt - Mount Washington.
Pediatric Hospital
FOR the purpose of authorizing the creation of a State Debt in
the amount of $3,000,000 $1,500,000 $1,000,000. the proceeds
to be used as a grant to the Mount Washington Pediatric
Hospital for the purpose of the planning, design,
renovation, rehabilitation, reconstruction, repair,
improvement, and equipping of the building in the Mount
Washington Pediatric Hospital complex known as the "Estate
House" to be used to house administrative services and for
the purpose of the planning, design, construction, and
equipping of a building to house inpatient units and
administrative, ancillary, and support services, of a
mechanical building, and of a garage, including the costs of
demolition of existing structures and site preparation,
subject to the requirement that the Mount Washington
Pediatric Hospital 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 Mount Washington Pediatric Hospital Loan
of 1986 in the total principal amount of $3,000,000 $1,500,000
$1,000,000. This loan shall be evidenced by the issuance, sale,
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