PARRIS N. GLENDENING, Governor H.B. 350
Sincerely,
Parris N. Glendening
Governor
House Bill No. 350
AN ACT concerning
Creation of a State Debt - Montgomery County - Center on Domestic Violence
MC 510-95
FOR the purpose of authorizing the creation of a State Debt not to exceed a certain
amount $275,000 $700,000, the proceeds to be used as a grant to the Department of
Addiction, Victim, and Mental Health Services of Montgomery County for the
planning, design, renovation, construction, equipping, and furnishing of a center on
domestic violence to be located in Montgomery County, to be used for inpatient and
outpatient services for victims of domestic violence and their families, subject to the
requirement that the Department of Addiction, Victim, and Mental Health Services
of Montgomery County 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.
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 Montgomery
County - Center on Domestic Violence Loan of 1995 in a total principal amount equal to
the lesser of (i) $2,500,000 $275,000, $700,000 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:
as a grant to the Department of Addiction, Victim, and Mental Health Services of
Montgomery County for the planning, design, renovation, construction, equipping, and
furnishing of a center on domestic violence to be located in Montgomery County, to be
used for inpatient and outpatient services for victims of domestic violence and their
families.
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