WILLIAM DONALD SCHAEFER, Governor

Ch. 213

CHAPTER 213
(Senate Bill 837)

AN ACT concerning

Creation of a State Debt - Hospice of Prince George's County

FOR the purpose of authorizing the creation of a State Debt not to exceed $900,000
$350,000, the proceeds to be used as a grant to the Board of Directors of Hospice of
Prince George's County, Inc. for the planning, design, and construction of, and the
provision of capital equipment for, a hospice care facility at 10101 White House
Road, Upper Marlboro, Maryland, subject to the requirement that the Board of
Directors of Hospice of Prince George's County, Inc. provide and expend a
matching fund and present by a certain date evidence that a matching fund will be
provided; and providing generally for the issuance and sale of bonds evidencing the
loan.

Preamble

WHEREAS, Hospice of Prince George's County is a Medicare certified hospice,
licensed in the State of Maryland; and

WHEREAS, Hospice of Prince George's County has carried out its mission of
caring for terminally ill patients and their families since 1983; and

WHEREAS, Hospice of Prince George's County is seeking to build the county's
first hospice care center in order to assist all area residents in dealing with the issues
surrounding death and dying; now, therefore,

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 Hospice of Prince
George's County Loan of 1994 in a total principal amount equal to the lesser of (i)
$900,000 $350,000 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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