Approved April 27, 1999.

CHAPTER 182
(Senate Bill 489)

AN ACT concerning

Creation of a State Debt - Prince George's County - Kairus New Chapel
Baptist Church Community Center

FOR the purpose of authorizing the creation of a State Debt not to exceed $700,000
$600,000, the proceeds to be used as a grant to the Board of Trustees of the
Kairus Community Corporation New Chapel Baptist Church, 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 or any of the matching funds
for sectarian 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 Prince
George's County - Kairus New Chapel Baptist Church Community Center Loan of
1999 in a total principal amount equal to the lesser of (i) $700,000 $600,000 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: as a grant to the Board of Trustees of the Kairus
Community Corporation New Chapel Baptist Church, Inc. (referred to hereafter in
this Act as "the grantee") for the planning, design, demolition, construction,
renovation, reconstruction, and capital equipping of a community empowerment
center and, including classrooms, a kitchen, and a gymnasium for the citizens of the
surrounding area.