Ch. 480                                          LAWS OF MARYLAND

construction, and equipping of a building in Baltimore County to

be used by Progress Unlimited, Inc. to provide training and

residential services to mentally retarded persons in Baltimore
County.

(4)  An annual State tax is imposed on all assessable
property in the State in rate and amount sufficient to pay the
principal of and interest on the bonds, as and when due and until
paid in full. The principal shall be discharged within 15 years
after the date of issue of the bonds.

(5)  Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above,
Progress Unlimited, Inc. shall provide at least an equal and
matching fund of $125,000. No part of an applicant's matching
fund may be provided, either directly or indirectly, from funds
of the State, whether appropriated or unappropriated. No part of
the fund may consist of real property, in kind contributions, or
funds expended prior to the effective date of this Act. In case
of any dispute as to what money or assets may qualify as matching
funds, the Board of Public Works shall determine the matter, and
the Board's decision is final. Progress Unlimited, Inc. has
until June 1, [1988] 1990, to present evidence satisfactory to
the Board of Public Works that the matching fund will be
provided. If satisfactory evidence is presented, the Board shall
certify this fact to the State Treasurer and the proceeds of the
loan shall be expended for the purposes provided in this Act. If
this evidence is not presented by June 1, [1988] 1990, the
proceeds of the loan shall be applied to the purposes authorized
in § 8-129 of the State Finance and Procurement Article.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1988.

Approved May 17, 1988.

CHAPTER 480

(House Bill 954)

AN ACT concerning

Harford Sportsplex Loan of 1986

FOR the purpose of amending Chapter 564 of the Acts of the
General Assembly of 1986 to alter the recipient of the
proceeds of the Harford Sportsplex Loan of 1986; repealing
repeal the reference to the location of the Sportsplex;
extending the time that the recipient of the funds must

- 3338 -