Ch. 669

LAWS OF MARYLAND

(b)  On receipt of 1 or more petitions, the State
Board for Community Colleges shall make a written report to the
Board of Public Works describing the request or requests for
financial assistance received and recommending a disposition for
each request. The report shall contain a determination of the
priority needs for public junior, community, and regional
community college facilities among the counties and Baltimore
City.

(c)  The Board of Public Works shall approve each
grant and shall certify the amount of the grant to the Treasurer
and the Comptroller. The Comptroller shall issue his warrant to
the Treasurer to pay the grant to or on behalf of the petitioning
jurisdiction or jurisdictions, when needed, for design and
construction or the acquisition of real property or interests in
land. The decision of the Board of Public Works shall be in such
form as the Board deems advisable and shall be final and
conclusive.

(d)  The amount of the grant shall be a percentage of
total construction costs, including site acquisition and
development costs, as follows:

(i) For a regional community college
established under § 16-302 for of the Education Article - 75
percent; or

(ii) For a public junior or community college
that is not a regional community college - the greater of:

1.  A percentage equal to that percentage
of the expenditure for basic current expenses that the State pays
to the petitioning jurisdiction under § 5-202(b) of the Education
Article; or

2.  50 percent.

(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.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1988.

Approved May 27, 1988.

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