PARRIS N. GLENDENING, Governor Ch. 140

(ii) On the exterior and interior, where appropriate, of the historic

structures.

(b) The easement must be in form and substance acceptable to the Trust
and the extent of the interest to be encumbered must be acceptable to the Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.

Approved April 29, 1997.

CHAPTER 140
(Senate Bill 138)

AN ACT concerning

Creation of a State Debt - Baltimore County - Active Coalition for Transitional Services,

Inc.

FOR the purpose of authorizing the creation of a State Debt in the amount of $200,000
not to exceed $65,000, the proceeds to be used as a grant to the Board of Directors
of the Active Coalition for Transitional Services, Inc. (ACT, Inc.) (ACTS, Inc.) for
certain development or improvement purposes; providing for disbursement of the
loan proceeds, subject to a requirement that the grantee provide and expend a
matching fund; prohibiting the use of the proceeds for religious purposes; 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 Baltimore
County - Active Coalition for Transitional Services, Inc. Loan of 1997 in the total
principal amount of $200,000 a total principal amount equal to the lesser of (i) $65,000 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:

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