SPIRO T. AGNEW, Governor                        1465

purchase of as many of such bonds or Certificates of Indebtedness
as may be mentioned or designated in said advertisements; and on
the opening of such sealed proposals, as many of said bonds or
Certificates of Indebtedness as have been so bid for shall be awarded
by the Board of Public Works, to the highest responsible bidder or
bidders therefor for cash, if the prices bid are adequate, in the
judgment of the Board of Public Works, and when two or more
bidders have made the same bid, and such bid is the highest and the
certificates so bid for by the highest responsible bidder are in excess
of the whole amount of the certificates offered for sale, such bonds
or Certificates of Indebtedness shall be awarded to such responsible
bidders bidding the same price in a ratable proportion; or if any
insufficient price be bid for them, they may be subsequently disposed
of under the direction of the Board of Public Works at a private sale
upon the best terms they can obtain for the same; provided, they
shall not be sold at private sale for less than par and accrued interest.

Sec. 4. And be it further enacted, That the sum of Five Thou-
sand Dollars ($5,000.00), or so much thereof as may be necessary,
shall be paid by the Treasurer of the State upon the warrant of the
Comptroller out of the proceeds of the sale of said bonds or Certifi-
cates of Indebtedness, for the payment of the expense of engraving,
printing and other outlays connected with the issue of the loan hereby
authorized, and for the payment of the advertising directed by this
Act, and all other incidental expenses connected with the execution
of its provisions in connection with said loan.

Sec. 5. And be it further enacted, That the actual proceeds of
the sale of the Certificates of Indebtedness to be issued under this
Act shall be paid to the Treasurer of the State upon the warrant
of the Comptroller and such proceeds shall be used exclusively for
the following purposes, to wit:

The Comptroller shall immediately upon the sale of and payment
for said certificates, first return to and credit the Treasury for a
sum equivalent to the amount expended as provided for in Section
4 of this Act; the remainder of the proceeds of said loan shall be
credited on the books of the State Treasury Department, to be ex-
pended, upon approval by the Board of Public Works, and in ac-
cordance with the provisions of Chapter 317 of the Laws of Maryland
of 1966, for the purpose of aiding in the construction, improvement
and development of buildings, structures, facilities and other capital
improvements, including the acquisition of land, BUT NOT IN-
CLUDING LAND ACQUISITION WITHIN ANNE ARUNDEL
COUNTY at or for Friendship International Airport, owned and
maintained by the Mayor and City Council of Baltimore.

Sec. 6. And be it further enacted, That the payment of any
funds, under the provisions of this Act, or any portions thereof from
time to time, for the purposes stated in Section 5 hereof, to the
Mayor and City Council of Baltimore, shall be contingent upon the
provision by the Mayor and City Council of Baltimore of at least
equal and matching funds, or equal and matching portions of the
total funds from time to time, from any other source, including the
Federal government. The Mayor and City Council of Baltimore
City shall present evidence satisfactory to the Board of Public Works
that it has provided funds at least equal to and matching the funds,