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S.B. 203
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Martin O'Malley, Governor
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FOR the purpose of amending the Maryland Consolidated Capital Bond Loan of 2005
to authorize the Board of Directors of the Salisbury Area Chamber of Commerce.
Inc. to include funds expended on or after a certain date in the matching fund
and to authorize the matching fund to include real property; extending the
deadline by which the grantee is required to present evidence to the Board of
Public Works that a matching fund will be provided; and generally relating to
the Maryland Consolidated Capital Bond Loan of 2005 and the Salisbury Area
Chamber of Commerce.
BY repealing and reenacting, with amendments,
Chapter 445 of the Acts of the General Assembly of 2005
Section 1(3) Item ZA01 (BR)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Chapter 445 of the Acts of 2005
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(3) ZA01 LOCAL HOUSE OF DELEGATES INITIATIVES
(BR) Salisbury Area Chamber of Commerce. Provide a grant
equal to the lesser of (i) $100,000 or (ii) the amount of
the matching fund provided, to the Board of Directors of
the Salisbury Area Chamber of Commerce, Inc. for the
planning, design, repair, renovation, construction,
reconstruction, and capital equipping of the Salisbury
Area Chamber of Commerce building, located in
Salisbury. Notwithstanding Section 1(5) of this Act, the
matching fund may consist of funds expended prior to
the effective date of this Act, INCLUDING FUNDS
EXPENDED ON OR AFTER DECEMBER 1, 2002, AND
REAL PROPERTY. NOTWITHSTANDING SECTION
1(5) OF THIS ACT, THE GRANTEE HAS UNTIL JUNE
1, 2009, TO PRESENT EVIDENCE THAT A MATCHING
FUND WILL BE PROVIDED (Wicomico County)................. 100,000
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- 4181 -
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