WILLIAM DONALD SCHAEFER, Governor                         Ch. 472

satisfactory evidence is presented, the Board shall certify this fact and the amount of the
matching fund to the State Treasurer, and the proceeds of the loan equal to the amount
of the matching fund shall be expended for the purposes provided in this Act. Any
amount of the loan in excess of the amount of the matching fund certified by the Board
of Public Works shall be canceled and be of no further effect.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1993.

Approved May 27, 1993.

CHAPTER 472
(Senate Bill 768)

AN ACT concerning

Creation of a State Debt - Harford County - Sexual Assault/Spousal Abuse Resource

Center

FOR the purpose of authorizing the creation of a State Debt not to exceed $750,000
$500,000 $600,000, the proceeds to be used as a grant to the County Government of
Harford County for the planning, design, conversion, repair, renovation,
rehabilitation, reconstruction, construction, and equipping of a building in Harford
County for use by the Sexual Assault/Spousal Abuse Resource Center, Inc. as a
shelter for victims of sexual assault or spousal abuse, subject to the requirement that
the County Government of Harford County provide and expend a matching fund
and present by a certain date evidence that a matching fund will be provided; and
providing generally for the issuance 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
County - Sexual Assault/Spousal Abuse Resource Center Loan of 1993 in a total
principal amount equal to the lesser of (i) $750,000 $500,000 $600,000 or (ii) the amount
of the matching fund provided in accordance with Section 1(5) below. 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

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