HB1327 - Maryland

Creation of a State Debt - Prince George's County - Historic Laurel Mill Ruins  

  • Authorizing the creation of a State Debt not to exceed $50,000, the proceeds to be used as a grant to the Mayor and City Council of the City of Laurel for the repair, stabilization, and reconstruction of the Historic Laurel Mill Ruins; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.
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