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Session Laws, 1987
Volume 769, Page 2489   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                    Ch. 548

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
Board of County Commissioners of Garrett County shall provide at
least an equal and matching fund of $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. 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 Board of County Commissioners of Garrett County
has until June 1, 1989, 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, 1989, 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 548

(House Bill 1233)

AN ACT concerning

The Talbot County Jail Loan of 1984

FOR the purpose of amending the provision of Chapter 598 of the
Acts of 1986 provisions of the Talbot County Jail Loan of
1984 to extend the time for the County Council of Talbot
County to present evidence satisfactory to the Board of
Public Works that a certain matching fund will be provided
for the planning of a county jail.

BY repealing and reenacting, with amendments,

Chapter 327 of the Acts of the General Assembly of 1985
1984, as amended by Chapter 598 of the Acts of the
General Assembly of 1986

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Session Laws, 1987
Volume 769, Page 2489   View pdf image
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