Ch. 209

LAWS OF MARYLAND

Fund and to be expended for projects to improve the water quality
of the Chesapeake Bay and other waters of the State, as
authorized under Title 9, Subtitle 3, Part VI of the Environment
Article, as follows:

(a)  To provide grants to assist in the construction
or improvement of publicly-owned sewage treatment works;

(b)  Not more than $8,225,000 to provide grants for
projects to remove nutrients at publicly-owned sewage treatment-
works;

(c)  Not more than $3,500,000 to provide grants and
loans to provide assistance to grant and loan recipients to meet
the local share of construction costs.

(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, 1989.

Approved May 5, 1989.

CHAPTER 209

(House Bill 484)

AN ACT concerning

Creation of a State Debt - Public Junior, Community, and Regional
Community College Facilities Construction Loan of 1989

FOR the purpose of authorizing the creation of a State Debt in
the amount of $5,000,000 the proceeds to be used to assist
the counties and Baltimore City in financing the design and
construction of public junior, community, and regional
community college buildings, site improvements, and
facilities, and in financing the acquisition of real
property or interests in land required in connection with
those buildings, site improvements, and facilities;
requiring the filing of certain information; placing limits
on the amount of the grants; and providing generally for
issuance and sale of bonds evidencing the loan.

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