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Session Laws, 1999
Volume 796, Page 1767   View pdf image
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to any benefits that the individual is entitled to receive under the retirement system
in which the individual was a participant at the time of the claim.

(2) The benefits received under this title shall be adjusted so that the
weekly total of those benefits and retirement benefits does not exceed the weekly
salary that was paid to the PAID LAW ENFORCEMENT EMPLOYEE OF THE
DEPARTMENT OF NATURAL RESOURCES,
fire fighter, fire fighting instructor, sworn
member of the Office of the State Fire Marshal, police officer, or deputy sheriff.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1999.

Approved April 27, 1999.

CHAPTER 180
(Senate Bill 447)

AN ACT concerning

Creation of a State Debt - Prince George's County - Melwood - Horticultural

Training Center Facilities

FOR. the purpose of authorizing the creation of a State Debt in the amount of
$1,500,000 $500,000 $325,000, the proceeds to be used as a grant to the Board of
Directors of the Melwood Horticultural Training Center, 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; 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 Prince
George's County - Melwood - Horticultural Training Center Facilities Loan of 1999 in
the total principal amount of $1,500,000 $500,000 $325,000. 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

 

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Session Laws, 1999
Volume 796, Page 1767   View pdf image
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