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Ch. 139
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2002 LAWS OF MARYLAND
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CHAPTER 139
(Senate Bill 231)
AN ACT concerning
Anne Arundel County - Community Center at Woods Loan of 2000
FOR the purpose of altering the date by which the grantee is required to provide and
expend a matching fund in Chapter 260 of the Acts of the General Assembly of
2000, from June 1, 2002 to June 1, 2003; and generally relating to the Anne
Arundel County - Community Center at Woods Loan of 2000.
BY repealing and reenacting, with amendments,
Chapter 260 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 260 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. No part of the fund may consist of real property or in kind
contributions. The fund may consist of 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, 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.
Approved April 25, 2002.
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