WILLIAM DONALD SCHAEFER, Governor                         Ch. 532

OWNER, THEN ONLY THE INDIVIDUAL APPLICANT WHO SIGNS THE APPLICATION
FOR THE SPECIAL LICENSE SHALL BE ENTITLED TO A COMPLEMENTARY
COMPLIMENTARY CHESAPEAKE BAY SPORT FISHING LICENSE UNDER THIS
PARAGRAPH.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
January 1, 1994.

Approved May 27, 1993.

CHAPTER 532
(House Bill 563)

AN ACT concerning

Creation of a State Debt - Laurel Historical Museum

FOR the purpose of authorizing the creation of a State Debt not to exceed $150,000, the
proceeds to be used as a grant to the Mayor and City Council of Laurel for the
repair, renovation, rehabilitation, and reconstruction of a building on Main Street in
Laurel and for the excavation and grading of the land on which the house building
is located, the property to be used as the Laurel Historical Museum, subject to the
requirement that the Mayor and City Council of Laurel provide and expend a
matching fund and present by a certain date evidence that a matching fund will be
provided; requiring the Mayor and City Council of Laurel to grant and convey a
certain easement to the Maryland Historical Trust; 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 Laurel Historical
Museum Loan of 1993 in a total principal amount equal to the lesser of (i) $150,000 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
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:

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