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Session Laws, 1987
Volume 769, Page 2125   View pdf image
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WILLIAM DONALD SCHAEFER, Governor Ch. 427

(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 Council of Wicomico County shall provide at least an equal
and matching fund of $100,000. 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 Council of Wicomico County has until June 1, 1987, 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, 1987, 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, 1987.

Approved May 14, 1987.

CHAPTER 4 27

(Senate Bill 1033)

AN ACT concerning

Creation of a State Debt - Maryland Historical Trust

FOR the purpose of authorizing the creation of a State Debt in
the amount of $286,000 $200,000, the proceeds to be used as
a grant to the Maryland Historical Trust for the planning of

a statewide Archeological Conservation Laboratory and

Curation the Maryland Archeological Conservation Facility,
to be located at Jefferson Patterson Park and Museum in
Calvert County, Maryland; 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

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Session Laws, 1987
Volume 769, Page 2125   View pdf image
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