SB 162 Creation of a State Debt Montgomery County Garrett Park Community Center

About SB-162

Authorizing the creation of a State Debt in the amount of $200,000, the proceeds to be used as a grant to the Board of Directors of the Garrett Park Nursery School, Inc. for the planning, design, construction, repair, renovation, reconstruction, and capital equipping of the Garrett Park Community 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.