|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor Ch. 111
|
|
|
|
|
|
|
|
SECTION 2. 4. AND BE IT FURTHER ENACTED, That this Act shall take
effect September 30, 2002.
Approved April 25, 2002.
|
|
|
|
|
|
|
|
CHAPTER 111
(Senate Bill 26)
AN ACT concerning
Prince George's County - Spirit of Faith Christian Center Loan of 2000
FOR the purpose of extending the date, in Chapter 568 of the Acts of the General
Assembly of 2000, the Prince George's County - Spirit of Faith Christian Center
Loan of 2000, by which the grantee is required to provide and expend a
matching fund, from June 1, 2002 to June 1, 2003 2004; and generally relating
to the Prince George's County - Spirit of Faith Christian Center Loan of 2000.
BY repealing and reenacting, with amendments,
Chapter 568 of the Acts of the General Assembly of 2000
Section 1(5)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Chapter 568 of the Acts of 2000
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(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. The fund may consist of real property, 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,] 2003 2004, 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.
|
|
|
|
|
|
|
|
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2002.
|
|
|
|
|
|
|
|
- 1347 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|