(2) OCEAN DOWNS MAY OFFER TELEPHONE BETTING ONLY TO BETTORS
IN ANOTHER STATE OR IN CECIL, KENT, QUEEN ANNE'S, TALBOT, CAROLINE,
DORCHESTER, WICOMICO, WORCESTER, OR SOMERSET COUNTIES.

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

Approved April 27, 1999.

CHAPTER 266
(House Bill 744)

AN ACT concerning

Creation of a State Debt - Montgomery County - Baltimore and Ohio Train

Station in Silver Spring

FOR the purpose of authorizing the creation of a State Debt not to exceed $200,000,
the proceeds to be used as a grant to the Board of Directors of Montgomery
Preservation, 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; requiring the grantee to grant and convey
a certain easement to the Maryland Historical Trust; 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 Montgomery
County - Baltimore and Ohio Train Station in Silver Spring Loan of 1999 in a total
principal amount equal to the lesser of (i) $200,000 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 Directors of Montgomery
Preservation, Inc. (referred to hereafter in this Act as "the grantee") for the planning,