Ch. 690 LAWS OF MARYLAND
and engineers' fees: as a grant to the Historical Society of Frederick County, Inc. for the
repair and renovation of the building owned and used by the Society.
(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, the Historical Society of Frederick County,
Inc. shall provide at least an equal and matching fund of $150,000. 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.
The Historical Society of Frederick County, 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.
(6) (a) The Historical Society of Frederick County, Inc. shall grant and convey
to the Maryland Historical Trust a perpetual preservation easement to the extent of its
interest:
(i) On the land or such portion of the land acceptable to the Trust;
and
(ii) On the exterior and interior, where appropriate, of the historic
structures.
(b) The easement must be in form and substance acceptable to the Trust
and the extent of the interest to be encumbered must be acceptable to the Trust.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect June 1, 1990.
Approved May 29, 1990.
CHAPTER 690
(House Bill 1413)
AN ACT concerning
Department of Transportation - Salary and Tenure
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