1124                            LAWS OF MARYLAND                       CH. 588

2. The remainder of the proceeds of said loan are credited on the
books of the State Comptroller to be expended to supplement the
financing of the construction of public junior college buildings and
facilities, and to supplement the cost of the acquisition of such real
estate as may be required in connection therewith by each of the
counties in this State, and by the Mayor and City Council of Balti-
more upon the following terms and conditions:

(a)  Whenever any one or more counties or Baltimore City desires
to participate in the financial assistance which is provided for under
the terms and conditions of this act, the county commissioners, county
council, or the Mayor and City Council of Baltimore, thereof shall
file a petition with the State Board of Education, with such informa-
tion as the State Board of Education shall require, together with com-
plete plans for each project for which financial assistance is desired.

(b)   Upon receipt of the petition, the State Board of Education
shall make a written finding of fact addressed to the Board of Public
Works, in the form of a recommendation to that Board advising it
which of the requests for financial assistance made by any of the
counties or by the City of Baltimore, should be allowed and which
should be denied. In making the finding of fact, the State Board of
Education will, at the request of the Board of Public Works, deter-
mine a priority of need for junior colleges as between any one or more
counties in the State and the City of Baltimore. No grant of financial
assistance is allowed until such grant has been finally ratified and
approved by the Board of Public Works, which certifies the allocation
of State funds to the Treasurer of the State, who makes them avail-
able to the county or city when needed for construction of the project.
The decision of the Board of Public Works in this regard is made in
such form as the Board deems advisable and proper and it is final and
conclusive upon all parties concerned.

(c)  The amount of financial assistance granted to any one or more
counties or to the City of Baltimore under the terms and conditions
of this act for any community college project shall be an amount
determined either by multiplying the total construction costs, includ-
ing site acquisition, by the percentage as fixed in Section 221 (2) in
Article 77 of the Annotated Code of Maryland, (1957 Edition as
amended from time to time) or by an amount not to exceed one-half
of the total construction costs including site acquisition, whichever
is the greater amount, subject to the limitation that where these total
costs of construction and/or site acquisition exceed $6,000.00 times
the proposed capacity of the college in number of students, the State
shall not share in that portion of these costs which are in excess of
$6,000.00 times the proposed capacity.

Sec. 6. And be it further enacted, That until all of the interest
on and principals of any certificates issued under this act are paid
in full, there is hereby levied and imposed an annual State tax on
each One Hundred Dollars ($100.00) of assessable property at the
rate to be determined in the following manner: On or before May 1,
1969, and on or before May 1st in each taxable year thereafter the
Board of Public Works certifies to the governing bodies of each of
the counties and of Baltimore City the rate of State tax on each One
Hundred Dollars ($100.00) of assessable property necessary to pro-
duce revenue to meet all interest and principal which will be payable
to the close of the next ensuing taxable year on all certificates there-