Authorizing the creation of a State Debt not to exceed $300,000, the
proceeds to be used as a grant to the Board of Directors of the
Parsonsburg Volunteer Fire Company, Inc. for the acquisition,
planning, design, and construction of the Parsonsburg Volunteer Fire
Company, located in Parsonsburg; 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.