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Session Laws, 1986
Volume 768, Page 1930   View pdf image
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1930                                        LAWS OF MARYLAND                                    Ch. 528

purpose of the design, renovation, reconstruction, and
construction of additions to the F. Scott Fitzgerald Theater
located in the City of Rockville.

(4)  An annual State tax is imposed on all assessable
property in the State in rate and amount sufficient to pay the
principal of and interest on the bonds, as and when due and until
paid in full. The principal shall be discharged within 15 years
after the date of issue of the bonds.

(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
City of Rockville shall provide at least an equal and matching
fund of $750,000 $250,000. No part of an applicant's matching
fund may be provided, either directly or indirectly, from funds
of the State, whether appropriated or unappropriated. 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 City of Rockville has until June
1, 1988, 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, 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 528
(House Bill 1139)

AN ACT concerning

Maryland-National Capital Park and Planning Commission -

Montgomery County - County Executive Authority

PG/MC 2-86

FOR the purpose of requiring the Maryland-National Capital Park

and Planning Commission to refer preliminary plans of

subdivisions to the County Executive of Montgomery County
for a certain determination recommendation; giving the
County Executive certain recommendation authority concerning
preliminary plans of a subdivision and whether or not

 

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Session Laws, 1986
Volume 768, Page 1930   View pdf image
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