Title:
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An Act concerning the issuance and sale of General Obligation Qualified School Construction Bonds in an amount not to exceed $25,825,000
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Title
An Act concerning the issuance and sale of General Obligation Qualified School Construction Bonds in an amount not to exceed $25,825,000
Background
This bill provides the authority to issue and sell General Obligation Qualified School Construction Bonds to finance Public School Facilities in an amount not to exceed $25,825,000 for capital projects, including the amounts programmed in the FY 2011 Capital Budget. The bill also authorizes the County Executive to enter into agreements with the Prince George’s County Board of Education and public instrumentalities of the County or the State of Maryland to finance said capital projects, using arrangements appropriate to said financing.
7/13/2010 - After public hearing CB-57-2010 was amended on the floor as recommended by the Public Safety and Fiscal Management Committee on7/7/2010. DR-2 was enacted.