WILLIAM DONALD SCHAEFER, Governor Ch. 595
CHAPTER 595
(House Bill 1254)
AN ACT concerning
Lillie Carroll Jackson Museum Loan of 1991
FOR the purpose of amending Chapter 608 of the Acts of the General Assembly of 1991,
the Lillie Carroll Jackson Museum Loan of 1991, to extend the time by which the
Lillie Carroll Jackson Museum shall present to the Board of Public Works certain
evidence of a matching fund; and requiring the Lillie Carroll Jackson Museum to
grant and convey a certain easement to the Maryland Historical Trust.
BY repealing and reenacting, with amendments,
Chapter 608 of the Acts of the General Assembly of 1991
Section 1
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Chapter 608 of the Acts of 1991
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 Lillie Carroll
Jackson Museum Loan of 1991 in the total principal amount equal to the lesser of (i)
$100,000 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:
as a grant to the Lillie Carroll Jackson Museum, Inc. for the purchase of the building
located at 1320 Eutaw Place in Baltimore City that hold holds the Lillie Carroll Jackson
Museum, a civil rights museum.
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