|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 37
|
|
|
|
|
Martin O'Malley, Governor
|
|
|
|
|
|
|
|
|
|
|
Annotated Code of Maryland
(As enacted by Chapter 3 (S.B. 6) of the Acts of the General Assembly of
2007)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
|
|
|
|
|
|
|
|
Article - Human Services
|
|
|
|
|
|
|
|
10-504.
(a) (1) Any federal grant that is received for a project shall be applied first
to the cost of the project.
(2) Except as provided in subsection (b) of this section, a State grant
for a project may not exceed the lesser of [$600,000] $1,000,000 $800,000 or 50% of
the cost of eligible work remaining unpaid after any federal grant is applied.
(3) A State grant to develop a master plan may not exceed the lesser of
$15,000 or 50% of the cost of development of the plan.
(b) The Board of Public Works may authorize a grant for a project that
exceeds 50% of the cost of eligible work remaining unpaid after any federal grant is
applied, if:
(1) the project involves the conversion, acquisition, renovation,
construction, or improvement of a building for use as a senior citizen activities center;
(2) the value of real property and existing improvements made
available by the local government equals or exceeds the amount of the State grant;
and
(3) the residual value of the real property and existing improvements
made available by the local government exceeds the sum of:
(i) any prior amounts used for matching funds under this
Program;
(ii) any outstanding State debt relating to the property from
another program;
(iii) any prior grant under this Program; and
(iv) any other tangible State investment in the property.
|
|
|
|
|
|
|
|
- 821 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|