WILLIAM DONALD SCHAEFER, Governor                   Ch. 341

Council of Montgomery County for the construction and equipping
of a Pre-Release Center in Montgomery County.

(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
County Executive and County Council of Montgomery County shall
provide at least an equal and matching fund of $1,147,000. 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 Executive and County Council of Montgomery
County has/have have until June 1, 1990, 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, 1990,
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, 1988.

Approved May 17, 1988.

CHAPTER 341

(Senate Bill 724)

AN ACT concerning

Creation of a State Debt - Shady Grove Adventist Hospital

MC 802-88

FOR the purpose of authorizing the creation of a State Debt in
the amount of $1,200,000 $150,000, the proceeds to be used
as a grant to the Shady Grove Adventist Hospital for the
purpose of reconstruction, renovation, rehabilitation,

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