Ch. 5 28                                       LAWS OF MARYLAND

Approved May 19, 1989.

CHAPTER 528

(House Bill 1296)

AN ACT concerning

Creation of a State Debt - Harford Sportsplex

FOR the purpose of authorizing the creation of a State Debt in
the amount of $650,000 $300,000 the proceeds to be used as a
grant to the County Executive and County Council of Harford
County Board of Trustees of Harford Community College for
the planning, design, construction, and equipping of the
Harford Sportsplex on the campus of Harford Community
College, subject to the requirement that the Board of
Trustees of Harford Community College provide at least an
equal and matching fund of a certain kind 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 Harford Sportsplex Loan of 1989 in the
total principal amount of $650,000 $300,000. 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.

(3)  The cash proceeds of the sale of the bonds shall be
paid to the Treasurer and first shall be applied to the payment
of the expenses of issuing, selling, and delivering the bonds,
unless funds for this purpose are otherwise provided, and then
shall be credited on the books of the Comptroller and expended,
on approval by the Board of Public Works, for the following
public purposes, including any applicable architects' and
engineers' fees: as a grant to the County Executive and County
Council of Harford County Board of Trustees of Harford Community

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