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Session Laws, 1997
Volume 795, Page 3211   View pdf image
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PARRIS N. GLENDENING, Governor                             Ch. 583

1. SHALL BE REPORTED ANNUALLY TO THE DEPARTMENT
OF BUDGET AND MANAGEMENT FOR INCLUSION FOR INFORMATION PURPOSES IN
THE STATE BUDGET BOOK: AND

2. ARE SUBJECT TO AUDIT BY THE LEGISLATIVE AUDITOR.

(D) (1) THE COMMISSION MAY PLEDGE AND CHARGE ALL OR A PORTION
OF THE RECEIPTS OF THE FUND FOR THE PAYMENT OF:

(I) DEBT SERVICE ON BONDS OF THE AUTHORITY; AND

(II) ALL REASONABLE CHARGES AND EXPENSES RELATED TO
BORROWING BY THE COMMISSION AND MANAGEMENT OF THE OBLIGATIONS OF
THE COMMISSION.

(2)     A PLEDGE MADE UNDER PARAGRAPH (1) OF THIS SUBSECTION IS
EFFECTIVE AS PROVIDED IN § 24-520 OF THIS SUBTITLE AND ANY APPLICABLE
RESOLUTION OF THE COMMISSION.

(E) FOR EACH FISCAL YEAR, THE GOVERNOR SHALL INCLUDE IN THE
ANNUAL BUDGET BILL A PROPOSED GENERAL FUND APPROPRIATION TO THE
COMMISSION IN AN AMOUNT NOT LESS THAN THE AMOUNT OF THE GENERAL FUND
OPERATING APPROPRIATION TO THE COMMISSION INCLUDED IN THE STATE
BUDGET FOR FISCAL YEAR 1998 AS PASSED BY THE GENERAL ASSEMBLY.

(2) (F) (1) THE COMMISSION IS AUTHORIZED TO MAKE USE OF ITS
FACILITIES, EQUIPMENT, AND OTHER RESOURCES TO PROVIDE SERVICES AND
CHARGE APPROPRIATE FEES THEREFORE TO GENERATE INCOME FOR THE BENEFIT
OF HISTORIC ST. MARY'S CITY.

(2) ALL FEES COLLECTED SHALL BE DEPOSITED IN THE HISTORIC ST.
MARY'S CITY FUND.

(G) (1) THE COMMISSION HAS THE RESPONSIBILITY FOR THE GOVERNANCE
AND MANAGEMENT OF HISTORIC ST. MARY'S CITY, INCLUDING THE CARE, CONTROL
AND MAINTENANCE OF ALL OF ITS PROPERTY AND ASSETS.

(D) (G) (1) (2) THE COMMISSION ANNUALLY SHALL ADOPT AND IMPLEMENT
BOTH
CAPITAL AND OPERATING BUDGET FOR THE MAINTENANCE, OPERATION,
AND DEVELOPMENT OF HISTORIC ST. MARY'S CITY.

(2)     (3) THE COMMISSION SHALL SUBMIT THE BUDGET IT HAS
ADOPTED ANNUALLY TO THE DEPARTMENT OF BUDGET AND MANAGEMENT FOR
INCLUSION FOR INFORMATION PURPOSES IN THE STATE BUDGET BOOK THE
BUDGET SHALL IDENTIFY THE ANTICIPATED SOURCE OF FUNDS, WHETHER
OPERATING INCOME, PRIVATE DONATIONS IN THE FORM OF GRANTS, GIFTS, OR
BEQUESTS, OR OTHER PUBLIC FUNDS, IDENTIFIED AS FEDERAL, STATE, OR LOCAL,
AS WELL AS THE STATE'S GENERAL FUND OPERATING GRANT
GOVERNOR FOR
INCLUSION IN THE STATE BUDGET.

(3) ALL GRANT, GIFT, BEQUEST, FEE. AND INVESTMENT FUNDS
RECEIVED BY THE COMMISSION, INCLUDING THE GENERAL FUND OPERATING

- 3211 -

 

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Session Laws, 1997
Volume 795, Page 3211   View pdf image
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