Ch. 186                                           LAWS OF MARYLAND

(9)  Howard County;

(10)  Montgomery County;

(11)  Harford County; [and]

(12)  Frederick County; AND

(13)  ALLEGANY COUNTY.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved May 5, 1989.

CHAPTER 186

(House Bill 360)

AN ACT concerning

Creation of a State Debt - Center Stage Associates, Inc.

FOR the purpose of authorizing the creation of a State Debt in
the amount of $1,000,000 the proceeds to be used as a grant
to the Center Stage Associates, Inc. for the purpose of the
planning, design, construction, reconstruction, renovation,
restoration, rehabilitation, improvement, furnishing, and
equipping of Center Stage, the State Theatre, in Baltimore
City, and including the costs of conversion and relocation,
subject to the requirement that the Center Stage Associates,
Inc. provide at least an equal and matching fund of a
certain kind for the same purpose by a certain date;
requiring that certain easements be granted to the Maryland
Historical Trust; 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
loan to be known as the Center Stage Associates, Inc. Loan of
1989 in the total principal amount of $1,000,000. This loan
shall be evidenced by the issuance, sale, and delivery of State
general obligation bonds authorized by a resolution of the Board
of Public Works and issued, sold, and delivered in accordance

- 2032 -