WILLIAM DONALD SCHAEFER, Governor
Ch. 195
(4) An annual State tax is imposed on all assessable property in the State in rate
and amount sufficient to pay the principal of and interest on the bonds as and when due
and until paid in full. The principal shall be discharged within 15 years after the date of
issuance of the bonds.
(5) Prior to the payment of any funds under the provisions of this Act for the
purposes set forth in Section 1(3) above, the Board of Directors of the Upper
Chesapeake Health Systems, Inc. shall provide and expend a matching fund. No part of
an applicant's matching fund may be provided, either directly or indirectly, from funds of
the State, whether appropriated or unappropriated. The No part of the fund may consist
of real property, or in kind contributions; or. The fund may consist of funds expended
prior to the effective date of this Act. In case of any dispute as to the amount of the
matching fund or 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 Board of
Directors of the Upper Chesapeake Health Systems, Inc. has until June 1, 1996, to
present evidence satisfactory to the Board of Public Works that a matching fund will be
provided. If satisfactory evidence is presented, the Board shall certify this 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.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1994.
Approved May 2, 1994.
CHAPTER 195
(Senate Bill 651)
AN ACT concerning
Calvert County - Board of Education Commission
FOR the purpose of creating a Commission to Study the Board of Education in Calvert
County; specifying the issues to be considered by the Commission; providing for the
appointment of members, of the Commission; requiring the Commission to conduct
certain public hearings;; specifying a certain reporting deadline,; specifying a
certain form of report and a certain proposal under certain circumstances; requiring
the State Department of Legislative Reference to provide certain assistance,
presentation to the voters of the County, and placement; urging that certain actions
occur relating to the proposal of the Commission; making this Act an emergency
measure; and generally relating to a Commission to Study the Board of Education
of Calvert County.
BY adding to
Article - Education
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