MARVIN MANDEL, Governor                        1211

Sec. 4. And be it further enacted, That the sum of Twenty

Thousand Dollars ($20,000), or so much thereof as may be neces-
sary, is paid by the Treasurer of the State upon the warrant of the

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 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 here
authorized, and for the payment of the advertising directed by this
act, and all other incidental expenses, connected with the execu-
tion of its provisions in connection with said loan.

Sec. 5. And be it further enacted, That the actual cash proceeds

from the sale of certificates of indebtedness to be issued under this

act are paid to the Treasurer of the State upon the warrant of the

Comptroller, and such proceeds are used exclusively for the follow-
ing purposes:

SEC. 5. AND BE IT FURTHER ENACTED, THAT THE
ACTUAL CASH PROCEEDS OF THE SALE OF THE CERTIFI-
CATES 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 FOL-
LOWING PURPOSES, TO WIT:

1. The Comptroller immediately upon the sale and the payment

for said certificates, first returns to and credits to the treasury for

1.   THE COMPTROLLER SHALL IMMEDIATELY UPON THE
SALE AND PAYMENT 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.

2. The remainder of the proceeds of said loan are credited on the

2.   THE REMAINDER OF THE PROCEEDS OF SUCH LOAN
SHALL BE 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 con-
nection therewith by each of the counties in this State, and by the
Mayor and City Council of Baltimore 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 commis-
sioners, county council, or the Mayor and City Council of Baltimore,
thereof shall file a petition with the State Board for Community
Colleges, with such information as the State Board for Community
Colleges shall require, together with complete plans for each project
for which financial assistance is desired.

(b)    Upon receipt of the petition, the State Board for Community
Colleges 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