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Session Laws, 2007
Volume 803, Page 999   View pdf image
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Ch. 105
Martin O'Malley, Governor
when due and until paid in full. The principal shall be discharged within 15 years
after the date of issuance of the bonds. Chapter 482 of the Acts of 2001, as amended by Chapter 181 of the Acts of 2003 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 in kind contributions or funds
expended prior to the effective date of this Act. The fund may consist of real property.
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, [2005] 2009, 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. Chapter 46 of the Acts of 2006 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That: (3) ZA00 MISCELLANEOUS GRANT PROGRAMS (V) Worcester County Development Center. Provide a
grant of $1,500,000 to the Board of County
Commissioners of Worcester County for the
planning, design, construction, and capital
equipping of the Worcester County Development
Center, located in [Berlin] NEWARK (Worcester
County)......................................................................... 1,500,000
-999 -


 
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Session Laws, 2007
Volume 803, Page 999   View pdf image
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