SENATE BILL 572

Sponsored By:

Senator Forehand

Entitled:

Creation of a State Debt - Montgomery County - Gaithersburg Aquatic and Recreation Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the Mayor and City Council of the City of Gaithersburg for the design and construction of the Gaithersburg Aquatic and Recreation Center; 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.

History by Legislative Date

Senate Action

2/6

First Reading Budget and Taxation

2/25

Hearing 3/6 at 2:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

MONTGOMERY COUNTY

MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC

RECREATION

STATE BONDS

SWIMMING POOLS

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered