SPIRO T. AGNEW, Governor                      1119

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. 4. AND BE IT FURTHER ENACTED, THAT 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 CERTIFICATES OF INDEBTEDNESS FOR
THE PAYMENT OF THE EXPENSE OF ENGRAVING, PRINT-
ING AND OTHER OUTLAYS CONNECTED WITH THE ISSUE
OF THE LOAN HEREBY AUTHORIZED, AND FOR THE PAY-
MENT 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 (A) The actual cash pro-
ceeds 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:

(B) The Comptroller shall immediately upon the sale of and pay-
ment for said certificates, first, return to and credit the Treasury for
a sum equivalent to the amount expended, as provided 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 as needed by the State, upon approval by the Board of Public
Works, for aiding in the acquisition of the property known generally
as Oregon Ridge and the adjacent Ivy Hill Forest area in Northern
Baltimore County.

The expenditure of any of this appropriation for acquiring the
property known generally as Oregon Ridge and the adjacent Ivy Hill
Forest area in Northern Baltimore County is subject to the condition
that on or before July 1, 1970, Baltimore County, Maryland shall pro-
vide or have available (from County and available Federal funds, or
either of them) a sum equivalent to the difference between the pro-
ceeds of the State bond issue authorized herein and the actual price
of said Oregon Ridge and adjacent Ivy Hill Forest property at the
time of purchase. The Board of Public Works shall determine if
this condition is met and shall approve the provisions for the avail-
ability and use of these funds prior to authorizing the expenditure
of any State monies under this Act.

Sec. 6. 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 fol-
lowing manner: on or before May 1, 1969, and on or before May 1 in
each 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 taxable year on all certificates thereto-