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Ch. 489
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Martin O'Malley, Governor
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CHAPTER 489
(House Bill 1116)
Academic Facilities Bonding Authority
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AN ACT concerning
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FOR the purpose of approving certain projects for the acquisition, development, and
improvement of certain academic facilities for the University System of
Maryland; authorizing the University System of Maryland to issue bonds to
finance certain projects; providing that certain bonds are not a debt or
obligation of the State or any of it political subdivisions; altering the purpose of
a previously authorized academic facility project for the College of Liberal Arts
at Towson University; and generally relating to academic facilities bonding
authority.
BY repealing and reenacting, with amendments,
Chapter 415 of the Acts of the General Assembly of 2006
Section 2(1)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) In accordance with Section 19-102(d) of the Education Article of the
Annotated Code of Maryland, each of the following projects the Coppin State
University New Physical Education Complex (Baltimore City) is approved as a project
for an academic facility, and the University System of Maryland may issue, sell, and
deliver bonds in the total principal amount of $15,000,000 for the purposes of
financing and refinancing the costs of these projects: this project.
(A) University of Maryland, Collage Park (Prince George's County)
(i) New Journalism Building
(B) Coppin State University (Baltimore City)
(i) New Physical Education Complex
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(2) In accordance with Section 19-102(d) of the Education Article of the
Annotated Code of Maryland, such system-wide capital facilities renewal projects for
the constituent institutions and centers of the University System of Maryland as are
authorized by the Board are hereby approved as projects for academic facilities, and
the University System of Maryland may issue, sell, and deliver bonds in the total
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- 3207 -
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