Ch. 286

1997 LAWS OF MARYLAND

Preamble

WHEREAS, In 1989, pursuant to an agreement between then Secretary of
Transportation Richard H. Trainor and the Garrett County Roads Department, the State
agreed to use State aid funds in lieu of the $1,918,707 county federal bridge
replacement/rehabilitation fund balance in order to expedite the Glendale Bridge project;
and

WHEREAS, As a result of this agreement, the federal funds were channeled
through the State; and

WHEREAS, Absent this agreement, the federal funding would have been directly
available to Garrett County and available to satisfy the match for State grants; and

WHEREAS, There never was any intent to preclude use of federal moneys to satisfy
the matching requirements; and

WHEREAS, It is necessary to clarify the application of the law in light of this
agreement; now, therefore,

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

Chapter 414 of the Acts of 1986, as amended by Chapter 467 of the Acts of 1988 and

Chapter 522 of the Acts or 1990

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 Glendale Bridge
Loan of 1986 in the total principal amount of $200,000. 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 Board of County Commissioners of Garrett County for the purpose of
planning, design, and construction of a replacement bridge for the Glendale Bridge over
Deep Creek Lake, including the costs of land acquisition and utility relocation associated
with the Glendale Bridge project.

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