|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
Ch. 287
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Development Corporation, Inc. (referred to hereafter in this Act as "the grantee") for
the planning, design, construction, and capital equipping of the Grace Outreach
Center in Baltimore City.
(4) An annual State tax is imposed on all assessable property in the State in
rate and amount sufficient to pay the principal of and interest on the bonds, as and
when due and until paid in full. The principal shall be discharged within 15 years
after the date of issuance of the bonds.
(5) Prior to the payment of any funds under the provisions of this Act for the
purposes set forth in Section 1(3) above, the grantee shall provide and expend a
matching fund. No part of the grantee's matching fund may be provided, either
directly or indirectly, from funds of the State, whether appropriated or
unappropriated. No part of the fund may consist of real property. The fund may
consist of in kind contributions or funds expended prior to the effective date of this
Act. In case of any dispute as to the amount of the matching fund or what money or
assets may qualify as matching funds, the Board of Public Works shall determine the
matter and the Board's decision is final. The grantee has until June 1, 2002, to
present evidence satisfactory to the Board of Public Works that a matching fund will
be provided. If satisfactory evidence is presented, the Board shall certify this fact and
the amount of the matching fund to the State Treasurer, and the proceeds of the loan
equal to the amount of the matching fund shall be expended for the purposes provided
in this Act. Any amount of the loan in excess of the amount of the matching fund
certified by the Board of Public Works shall be canceled and be of no further effect.
(6) No portion of the proceeds of the loan or any of the matching funds may be
used for the furtherance of sectarian religious instruction, in connection with the
design, acquisition, or construction of any building used or to be used as a place of
sectarian religious worship or instruction, or in connection with any program or
department of divinity for any religious denomination. Upon the request of the Board
of Public Works, the grantee shall submit evidence satisfactory to the Board that none
of the proceeds of the loan or any matching funds has been or is being used for a
purpose prohibited by this Act.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2000.
Approved May 11, 2000.
|
|
|
|
|
|
|
|
|
|
CHAPTER 287
(Senate Bill 582)
AN ACT concerning
Creation of a State Debt - Anne Arundel County - Heritage Harbour Respite
Care Home
FOR the purpose of authorizing the creation of a State Debt not to exceed $150,000,
|
|
|
|
|
|
|
|
|
- 1671 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
