Ch. 275

LAWS OF MARYLAND

SECTION 6. AND BE IT FURTHER ENACTED, That subject to the
provisions of Sections 4 and 5 of this Act, this Act shall take
effect July 1, 1989.

SECTION 6 8. AND BE IT FURTHER ENACTED, That Sections 1, 2
and 4 of this Act shall take effect July 1, 1989.

SECTION 7 9. AND BE IT FURTHER ENACTED, That Section 3 of
this Act shall take effect July 1, 1990.

Approved May 5, 1989.

CHAPTER 275

(House Bill 1438)

AN ACT concerning

Creation of a State Debt - Charles County Jail

FOR the purpose of authorizing the creation of a State Debt in
the amount of $500,000 the proceeds to be used as a grant to
the County Commissioners of Charles County for the planning,
design, construction, and equipping of the Charles County
jail, subject to the requirement that the County
Commissioners of Charles County provide at least ah equal
and matching fund of a certain kind and amount for the same
purpose by a certain date; 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 Charles County Jail Loan of 1989 in the
total principal amount of $500,000. 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 with §§ 8-117 through
8-124 of the State Finance and Procurement Article and Article
31, § 22 of the Code.

(2)  The bonds to evidence this loan or installments of this
loan may be sold as a single issue, or may be consolidated and
sold as part of a single issue of bonds under § 8-122 of the
State Finance and Procurement Article.

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