WILLIAM DONALD SCHAEFER, Governor Ch. 115
Chapter 257 of the Acts of 1989, as amended
by Chapter 351 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 Talbot County
AND ALLEGANY COUNTY Detention [Center] CENTERS Loan of 1989 in the total
principal amount of $5,250,000. 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.
(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] PROVIDE a grant OF $4,405,000 to the County Council of Talbot County for the
design, site improvement, construction and equipping of a new Talbot County Detention
Center; AND PROVIDE A GRANT OF $845,000 TO THE BOARD OF COUNTY
COMMISSIONERS OF ALLEGANY COUNTY FOR THE DESIGN, CONSTRUCTION, AND
EQUIPPING OF THE ALLEGANY COUNTY DETENTION CENTER.
(5) Prior to the payment of any funds TO THE COUNTY COUNCIL OF TALBOT
COUNTY under the provisions of this Act for the purposes set forth in Section 1(3) above,
the County Council of Talbot County shall provide a matching fund of at least
[$4,539,000] $3,813,000. No part of an applicant's matching fund may be provided, either
directly or indirectly, from funds of the State, whether appropriated or unappropriated.
No part of the fund may consist of real property, in kind contributions, or funds expended
prior to the effective date of this Act. In case of any dispute as to what money or assets
may qualify as matching funds, the Board of Public Works shall determine the matter,
and the Board's decision is final. The County Council of Talbot County has until June 1,
1991, to present evidence satisfactory to the Board of Public Works that the matching
fund will be provided. If satisfactory evidence is presented, the Board shall certify this
fact to the State Treasurer and the proceeds of the loan shall be expended for the
purposes provided in this Act. If this evidence is not presented by June 1, 1991, the
proceeds of the loan shall be applied to the purposes authorized in § 8-129 of the State
Finance and Procurement Article.
(6) PRIOR TO THE PAYMENT OF ANY FUNDS TO THE BOARD OF COUNTY
COMMISSIONERS OF ALLEGANY COUNTY UNDER THE PROVISIONS OF THIS ACT FOR
THE PURPOSES SET FORTH IN SECTION 1(3) ABOVE, THE BOARD OF COUNTY
COMMISSIONERS OF ALLEGANY COUNTY SHALL PROVIDE AND EXPEND AT LEAST
AN EQUAL AND MATCHING FUND OF $845,000. NO PART OF AN APPLICANT'S
MATCHING FUND MAY BE PROVIDED, EITHER DIRECTLY OR INDIRECTLY, FROM
FUNDS OF THE STATE, WHETHER APPROPRIATED OR UNAPPROPRIATED. NO PART
OF THE FUND MAY CONSIST OF REAL PROPERTY, IN KIND CONTRIBUTIONS, OR
FUNDS EXPENDED PRIOR TO THE EFFECTIVE DATE OF THIS ACT. IN CASE OF ANY
- 1381 -
|
|