Ch. 194

1995 LAWS OF MARYLAND

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:
as a grant to Friends of the Family, Inc. (referred to hereafter in this Act as "the
grantee") for the acquisition, design, construction, repair, renovation, and purchase of
capital equipment for family support centers to serve the communities of Cumberland
(Allegany County), Denton (Caroline County), Emmitsburg (Frederick County) and
Hagerstown (Washington County).

(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 grantee shall provide and expend a on a
project-by-project basis at least an equal and matching fund. No part of the grantee'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
or funds expended prior to the effective date of this Act. The fund may consist of in kind
contributions or 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 Public Works may consider certification of a matching fund on a
project-by-project basis for each of the projects listed in Section 1(3) above. The grantee
has until June 1, 1997, 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 on a project-by-project basis for each of the projects listed
in Section 1(3) above. 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, 1995.

Approved May 9, 1995.

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