H.B. 1614

VETOES

Senate Bill 494, which was passed by the General Assembly and signed by me on May 11,
1993, accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 1614.

Sincerely,

William Donald Schaefer

Governor

House Bill No. 1614

AN ACT concerning

Creation of a State Debt— Avalon Theatre Loan of 1990

FOR the purpose of authorizing the creation of a State Debt not to exceed $60,000, the
proceeds to be used as a grant to the Board of Trustees of the Avalon Theatre, Inc.
for the repair, renovation, rehabilitation, reconstruction, construction, and
equipping of the historic Avalon Theatre in Easton, subject to the requirement that
the Board of Trustees of the Avalon Theatre, Inc. provide and expend a matching
fund and present by a certain date evidence that a matching fund will be provided;
requiring the Board of Trustees of the Avalon Theatre, Inc. 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, amending Chapter 258 of the Acts
of the General Assembly of 1990, the Mid-Shore Center for the Performing Arts,
Inc. - Avalon Theatre Loan of 1990, to designate a new recipient of the proceeds of
the bonds issued for the project, to alter the purpose of the loan to include
repairing, rehabilitating, reconstructing, constructing, and equipping the historic
Avalon Theatre, located in Easton, in Talbot County, and to extend the time for the
new recipient, the Board of Trustees of the Avalon Theatre, Inc., to present certain
evidence of a matching fund to the Board of Public Works.

BY repealing and reenacting, with amendments,

Chapter 258 of the Acts of the General Assembly of 1990
Section 1

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Chapter 258 of the Acts of 1990

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 Avalon Theatre
Loan of 1993 in a total principal amount equal to the lesser of (i) $60,000 or (ii) the
amount of the matching fund provided in accordance with Section 1(5) below. This loan

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