Ch. 281
LAWS OF MARYLAND
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
Board of County Commissioners of St. Mary's County shall provide
at least an equal and matching fund of $50,000 $45,000. 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 property or in kind
contributions. The fund may consist of 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 Board of County Commissioners of St. Mary's County
has until June 1, 1991, 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, 1991, 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, 1989.
Approved May 5, 1989.
CHAPTER 281
(House Bill 1499)
AN ACT concerning
State Employment and Training Council - Membership
FOR the purpose of altering the maximum number of members
appointed by the Governor to the State Employment and
Training Council.
BY repealing and reenacting, with amendments,
Article 100 - Work, Labor and Employment
Section 121
Annotated Code of Maryland
(1985 Replacement Volume and 1988 Supplement)
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