Ch. 554 LAWS OF MARYLAND
for the renovation of the treatment facilities located at 924 and 926 E. Baltimore Street
in Baltimore City.
(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
purpose purposes set forth in Section 1(3) above, the National Center for Pathological
Gambling, Inc. shall provide at least an equal and matching fund of $200,000 $100,000.
The recipient No part of an applicant's matching fund may be provided, either directly
or indirectly, from funds of the State, whether appropriated or unappropriated. The
fund may consist of real property, in kind contributions, or funds expended prior to the
effective date of the 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. The National Center for Pathological Gambling, Inc. has until
June 1, 1992, 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, 1992,
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, 1990.
Approved May 29, 1990.
CHAPTER 554
(House Bill 268)
AN ACT concerning
Creation of a State Debt - Baltimore Jobs in Energy Project
FOR the purpose of authorizing the creation of a State Debt in the amount of $190,000
$150,000 the proceeds to be used as a grant to the Baltimore Jobs in Energy
Project for the renovation and rehabilitation of the former Southern District
Police Station, located at 28 East Ostend Street, Baltimore, to be used for certain
purposes; requiring the Project to provide an equal and matching fund of a certain
kind for the same purpose by a certain date; requiring that certain easements be
granted to the Maryland Historical Trust; and providing generally for the issue
and sale of bonds evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
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