Notes Payable:

The aggregate amount of notes payable (amounts expressed in thousands) at June 30, 1983, consisted of:

1982 Series A Construction Loan Notes with interest of 9.40% due February 1, 1985 ........ $31,110

1982 Series A Multi-Family Construction Loan Notes (FHA - Insured Advances - GNMA

Tamden Program) with interest of 9.50% due October 1, 1984 .......................... 30,300

Bond Anticipation Notes under a $20,000,000 revolving credit facility. Borrowing under the

agreement is at 70% of the principal bank's prime rate, but is not to exceed 14% ........ 7,721

$69,131

Maryland Food Center Authority:
Revenue Bonds:

On August 3, 1979 the Authority issued a $2,000,000 revenue bond at an interest rate of 5.50%, the
proceeds of which was used for the construction of the 29 unit expansion of the Maryland Wholesale Produce
Market. Maturities of principal (amounts expressed in thousands) are as follows:

Years ending

June 30, Amount

1984 $ 500

1985 400

Loans from Other Funds:

The Board of Public Works loaned to the Authority $4,000,000 which was obtained from the issuance of
general obligation bonds of the State. The Authority is obligated to pay interest and principal on these bonds
after all principal and interest has been repaid on any revenue bonds which may be issued by the Authority.

On May 2, 1969 the State issued bonds to provide $5,000,000 for a construction loan to the Authority.
Repayment to the Board of Public Works will consist of principal and interest payments which will commence
in 1984 and conclude in 1996.

Total principal and interest (expressed in thousands) due to the State are summarized as follows:

Greater Baltimore Regional Consolidated Wholesale Food Market Authority Loan of 1967 .... $ 5,574

General Construction Loan ............................................................... 5,000

Debt assumed from New Marsh Wholesale Produce Market ................................. 795

$11,369

Maryland Transportation Authority:
Revenue Bonds:

The Maryland Transportation Authority has issued Transportation Facilities Projects Revenue Bonds,
First Series (Refunding) which are payable solely from the revenues of the transportation facilities projects.
Bonds outstanding (amounts expressed in thousands) as of June 30, 1983 consisted of:

Serial bonds maturing in annual installments from $1,035 to $2,415 from July 1, 1984

through July 1, 1997 with interest rates ranging from 5.3% to 6.20%,

payable semi-annually ................................................................$ 22,915

Term bonds with interest at 6.625%, payable semi-annually, due July 1, 2003 ................ 18,550

Term bonds with interest at 6.80%, payable semi-annually, due July 1, 2016 .................. 76,170

$117,635

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