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Ch. 15 2002 LAWS OF MARYLAND
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SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2002.
Approved April 9, 2002.
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CHAPTER 15
(Senate Bill 253)
AN ACT concerning
Cecil County - The Boys and Girls Clubs of Cecil County, Inc. 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 696 of the Acts of the General Assembly of
2000, the Cecil County - The Boys and Girls Clubs of Cecil County, Inc. Loan of
2000, from June 1, 2002 to June 1, 2004; and generally relating to the Cecil
County - The Boys and Girls Clubs of Cecil County, Inc. Loan of 2000.
BY repealing and reenacting, with amendments,
Chapter 696 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 696 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] 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.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2002.
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