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Session Laws, 1993
Volume 772, Page 2655   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                         Ch. 526

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.

(6) No portion of the proceeds of the loan or any of the matching funds may be
used for the furtherance of sectarian religious instruction, or in connection with the
design, acquisition, or construction of any building used or to be used as a place of
sectarian religious worship or instruction, or in connection with any program or
department of divinity for any religious denomination. Upon the request of the Board of
Public Works, the YMCA of Cumberland and the Mayor and City Council of Cumberland
Board of County Commissioners of Allegany County shall submit evidence satisfactory to
the Board that none of the proceeds of the loan or any matching funds have been or are
being used for a purpose prohibited by this Act.

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

Approved May 27, 1993.

CHAPTER 526
(House Bill 479)

AN ACT concerning

Creation of a State Debt - The Union Hospital of Cecil County, Inc.

FOR the purpose of authorizing the creation of a State Debt in the amount of not to
exceed
$754,000 $500,000, the proceeds to be used as a grant to the Board of
Directors of The Union Hospital of Cecil County, Inc., at 106 Bow Street in Elkton
in Cecil County, for the repair, renovation, rehabilitation, reconstruction, and
construction, and equipping of the Emergency Department of the Hospital, subject
to the requirement that the Board of Directors of The Union Hospital of Cecil
County, Inc. 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 Union Hospital
of Cecil County, Inc. Loan of 1993 in a total principal amount equal to the lesser of (i)
$754,000 $500,000 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.

- 2655 -

 

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Session Laws, 1993
Volume 772, Page 2655   View pdf image
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