THEODORE R. MCKELDIN, GOVERNOR 185

SEC. 6. And be it further enacted, That all unexpended
funds remaining from completed projects authorized under
this Act shall be transferred to the Annuity Bond Fund and
shall be applied to the debt service requirements of the
State, said transfer to be made one year after the date of
the final acceptance of the project by the State, said date
of final acceptance to be certified in writing to the Board of
Public Works by the Department of Public Improvements.

SEC. 7. And be it further enacted, That no department,
board, commission, agency or institution specified or named
in this Act shall begin any work with funds secured pur-
suant to the provisions of this Act unless satisfactory
assurances are made to the Board of Public Works that the
work described in the individual items in this Act can be
completed with the funds specified for each such item
respectively.

SEC. 8. And be it further enacted, That if any projects
listed in this Act shall not have been contracted for within
four TWO years from the effective date of this Act, then
such project shall be deemed to have been abandoned. If the
total loan authorized herein shall have been issued within
four TWO years from the effective date of this Act, then the
amount specified herein for said abandoned project shall
be transferred to the Annuity Bond Fund and shall be ap-
plied to the debt service requirements of the State. If,
however, the total loan authorized herein shall not have been
issued within four TWO years from the effective date of
this Act, then the total issuable Certificates of Indebtedness
authorized herein shall be reduced by the amount specified
herein for said abandoned project.

SEC. 9. And be it further enacted, That until all of the
interest on and principal of any certificates issued under
this Act have been paid in full, there is hereby levied and
imposed an annual State tax on each $100 of assessable
property at the rate to be determined in the following
manner: on or before December 1, 1954, and on or before
December 1 in each calendar year thereafter, the Board of
Public Works shall certify to the governing bodies of each
of the Counties and Baltimore City the rate of State tax
on each $100 of assessable property necessary to produce
revenue to meet all interest and principal which will be
payable to the close of the next ensuing calendar year on
all certificates theretofore issued or theretofore authorized
by resolution of the Board of Public Works to be issued, and
the governing bodies of each of the Counties and Baltimore
City shall forthwith levy and collect such tax at such rate.