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PARRIS N. GLENDENING, Governor
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Ch. 290
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38.01.00 DEPARTMENT OF BUSINESS AND ECONOMIC
DEVELOPMENT
(C) Maryland Technology Center. Provide a grant to the Maryland
Economic Development Corporation to assist in the construction
of the Maryland Technology Center, provided that no funds may
be expended until Montgomery County has developed a policy
for incubator tenants which includes repayment of public
subsidies in the event that the company leaves the State within
five years of graduating from the incubator. The policy should
be presented to the budget committees for review and comment.
Further provided that no space in this facility shall be made
available for use by the Maryland Information Technology
Center (MITC) and any space originally designed for the MITC
should be reprogrammed to accommodate incubator tenants
(Montgomery County)..................................................................... [4,000,000]
3,718,000
Chapter 125 of the Acts of 1996, as amended by Chapter 138 of the Acts of
1998, Chapter 212 of the Acts of 1999, and Chapter 508 of the Acts of 2000
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 Maryland
Consolidated Capital Bond Loan of 1996 in the total principal amount of
[$364,497,000] $364,215,000. 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 Sections 8-117
through 8-124 of the State Finance and Procurement Article and Article 31, Section
22 of the Code.
Chapter 660 of the Acts of 1997, as amended by
Chapter 508 of the Acts of 2000
Section 1(3)
MM02 ROSEWOOD CENTER
(Baltimore County)
(A) Therapeutic Program Building (Phase II). Complete detailed
plans and renovate the lower level of the Therapeutic Program
Building and construct an outdoor activities center.................... [2,704,000]
2,511,000
Chapter 660 of the Acts of 1997, as amended by Chapter 138 of the Acts of
1998 and Chapter 508 of the Acts of 2000
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
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