Ch. 736 1994 LAWS OF MARYLAND
Approved May 26, 1994.
CHAPTER 736
(House Bill 1304)
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, as amended by Chapter 595 of the
Acts of the General Assembly of 1993, to alter the purpose of the grant to include
repair and renovation of, and provision of capital equipment for, the building
located at 1320 Eutaw Place in Baltimore City that holds the Lillie Carroll Jackson
Museum, a civil rights museum; and making this Act an emergency measure.
BY repealing and reenacting, with amendments,
Chapter 608 of the Acts of the General Assembly of 1991, as amended by Chapter
595 of the Acts of the General Assembly of 1993
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, as amended by Chapter 595 of the Acts of 1993
SECTION 1. BE It ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money arid 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 a 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 arid 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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