J. MILLARD TAWES, Governor 71

State or as between any county in the State and the City of Baltimore.
No grant of financial assistance as provided for in this Act shall be
allowed until such grant has been finally ratified and approved by
the Board of Public Works. The decision of the Board of Public
Works in this regard shall be in such form as the said Board shall
deem advisable and proper and shall be final and conclusive upon
all parties concerned.

(c) The amount of financial assistance granted to any county or
to the City of Baltimore under the terms and conditions of this Act
shall in no case exceed an amount calculated as follows:

(1) There shall first be determined and allocated to each county
which applies for financial assistance under this. Act or to the City
of Baltimore if said city applies for financial assistance under this
Act an amount equal to ninety percent (90%) of the total funds
distributed to said county or to said city, as the case may be, under
applicable provisions of State law relating to the income tax, the tax
on racing, the recordation tax, the tax on amusements, the license
tax and the incentive fund for school buildings.

(2) There shall next be determined the total amount of State debt
which could be serviced at prevailing debt service cost by the amount
allocable to each of the counties and to the City of Baltimore, as
more specifically provided in the last preceding sentence of this sub-
paragraph.

(3) The amount of total State debt allocable to each of the counties
and to the City of Baltimore, as provided in the last preceding
sentence of this sub-paragraph, shall be the limit of participation for
each of the counties applying for financial assistance under the
terms of this Act and for the City of Baltimore if said city applies
for financial assistance under the terms of this Act.

(4) The calculations more particularly outlined in this sub-
paragraph shall be made as of the date when the application for
financial assistance made by any of the counties or made by the City
of Baltimore has been received by the State Board of Education.

(d) Each of the counties and the City of Baltimore whose request
for financial assistance has been allowed, as provided in sub-
paragraph (b) of this sub-section (but as limited by sub-paragraph
(c) of this sub-section), shall execute and acknowledge in a manner
according to law an agreement which shall specify that: (1) the
amount of financial assistance allowed, as provided herein,

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