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Session Laws, 1996
Volume 794, Page 2596   View pdf image
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Ch. 387                                    1996 LAWS OF MARYLAND

EXCESS OF THE AMOUNT OF THE MATCHING FUND CERTIFIED BY THE BOARD OF
PUBLIC WORKS SHALL BE CANCELED AND BE OF NO FURTHER EFFECT.

(6) Prior to the payment of any funds under the provisions of this Act for the
purposes set forth in Section 1(3) above, the Treatment and Learning Centers, Inc. shall
demonstrate to the Board of Public Works that the Treatment and Learning Centers, Inc.
has adopted a policy to accept all patients on a first come, first served basis to assure
residents of all subdivisions in the State equal access to use of the facility.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1996.

Approved May 14, 1996.

CHAPTER 387
(Senate Bill 323)

AN ACT concerning

Creation of a State Debt - Montgomery County - Strathmore Hall Arts Center

FOR the purpose of authorizing the creation of a State Debt not to exceed $250,000, the
proceeds to be used as a grant to the Board of Trustees of the Strathmore Hall
Foundation, Inc. for certain acquisition, development, or improvement purposes;
providing for disbursement of the loan proceeds, subject to a requirement that the
grantee provide and expend a matching fund; requiring the grantee to grant and
convey a certain easement to the Maryland Historical Trust; 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 - Strathmore Hall Arts Center Loan of 1996 in a total principal amount equal to
the lesser of (i) $250,000 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,

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Session Laws, 1996
Volume 794, Page 2596   View pdf image
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