Marvin Mandel, Governor                         719

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 for Community Colleges, at the request of the Board of
Public Works, will determine a priority of need for public junior
OR COMMUNITY colleges as between any one or more counties in
the State and the City of Baltimore. No grant of financial assistance
will be allowed until such grant has been finally ratified and ap-
proved by the Board of Public Works, which will certify the alloca-
tion of State funds to the State Treasurer and the State Comptroller
who will issue his warrant on the Treasurer of the State to make
such funds available to the county or city when needed for construc-
tion of the project. The decision of the Board of Public Works in this
regard will be 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 PUBLIC JUNIOR OR community college project
shall be an amount determined either by multiplying the total con-
struction costs, including site acquisition, by the percentage as fixed
in Section 129 (2) in Article 77 of the Annotated Code of Maryland
(1969 Replacement Volume), as the same may be amended from time
to time or by an amount not to exceed one-half of the total construc-
tion 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 pro-
posed capacity.

Sec. 6. And be it further enacted, That all proceeds received
from any county or the City of Baltimore under any agreement, en-
tered into with such county or the City of Baltimore by the State
Board for Community Colleges on behalf of the State of Maryland
under the provisions of Section 5 of this Act, shall become a part of
the Annuity Bond Fund and shall be applied to the debt service re-
quirements of the State.

Sec. 7. And be it further enacted, That until all of the interest
on and principal of any bonds issued under this Act SHALL 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 following manner: on ON or before May 1, 1972, and on or
before May 1, in each taxable 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 interest and prin-
cipal which will be payable to the close of the next ensuing taxable
year on all bonds theretofore issued or authorized by resolution of
the Board of Public Works to be issued , and the governing bodies of
each of the counties and Baltimore City shall forthwith levy and
collect such tax at such rate.

Sec. 8. And be it further enacted, That all matters committed by
this Act to the discretion of the Board of Public Works shall be de-
termined by a majority of said Board.