2001 Regular Session

SENATE BILL 187

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 544
Sponsored By:
Senators Forehand and Hogan
Entitled:
Creation of a State Debt - Montgomery County - Gaithersburg Town Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $500,000, the proceeds to be used as a grant to the Mayor and City Council of Gaithersburg to complete the utility relocation work associated with the redevelopment and revitalization of the Gaithersburg Town Center, known as Olde Towne Gaithersburg; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; and providing generally for the issuance and sale of bonds evidencing the loan.

History by Legislative Date

Senate Action
1/22
First Reading Budget and Taxation
2/21
Hearing 3/10 at 3:00 p.m.
House Action
No Action
Sponsored by:
Senator Jennie M. Forehand, District 17
Senator Patrick J. Hogan, District 39
Bill indexed under the following Subjects:
COMMERCIAL REHABILITATION
MONTGOMERY COUNTY
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
STATE BONDS
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered