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Session Laws, 1997
Volume 795, Page 1469   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 77

way, the validity of any bonds that may have been issued by the County under the
authority of any said Acts, and the validity of the bonds is hereby ratified, confirmed, and
approved. This Act, being necessary for the welfare of the inhabitants of Frederick
County, shall be liberally construed to effect the purposes hereof. All Acts and parts of
Acts inconsistent with the provisions of this Act are hereby repealed to the extent of such
inconsistency.

SECTION 10. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.

Approved April 8, 1997.

CHAPTER 77
(Senate Bill 891)

AN ACT concerning

Montgomery County - Center on Domestic Violence Loan of 1995

FOR the purpose of amending Chapter 214 of the Acts of the General Assembly of 1995,
the Montgomery County - Center on Domestic Violence Loan of 1995, to alter the
purpose for which the proceeds of the bonds will be used.

BY repealing and reenacting, with amendments,

Chapter 214 of the Acts of the General Assembly of 1995
Section 1

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Chapter 214 of the Acts of 1995

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) $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.

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Session Laws, 1997
Volume 795, Page 1469   View pdf image
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