1600                                               LAWS OF MARYLAND                           [Ch. 393

any particular time and the maturity dates of said bonds,
including the right of redemption by the City prior to
maturity;

(f) The time, place, manner and medium of
advertisement of the readiness of the Commissioners of
Finance to receive bids for the purchase of the bonds
authorized to be issued hereunder, or any part thereof;
the form, terms and conditions of such bids; the time,
place and manner of awarding bonds so bid for, including
the right whenever any of the bonds authorized by this
Act are offered for sale and sold at the same time as
other bonds of said corporation, to establish the
conditions for bids and awards and to award all of said
bonds on an all or none basis; and the time, place, terms
and manner of settlement for the bonds so bid for.

The ordinance to be submitted to the legal voters of
Baltimore City, or the resolution of the Commissioners of
Finance authorizing the issuance of said bonds, or any
portion thereof, as the case may be, shall set forth in
detail the dates when any of the bonds are to mature and
the amount to mature upon such dates.

SECTION 3. AND BE IT FURTHER ENACTED, That the
actual cash proceeds derived from the sale of the bonds
authorized to be issued under the provisions of this Act,
not exceeding the par value thereof, shall be used
exclusively for the following purposes, to wit:

(a)    So much thereof as may be necessary, in
addition to the premiums realized from the sale, if any,
for the cost of issuance, including the expense of
engraving, printing, advertising, attorney's fees, and
all other incidental expenses connected therewith; and

(b)    The remainder of such proceeds shall be
granted in a lump sum to Provident Hospital, Inc. to be
used [[for assisting in providing]] to meet necessary
operating expenses of Provident Hospital, Inc.[[; and for
the purpose of compromising and paying existing debts of
Provident Hospital, Inc., in constructing, equipping, and
operating facilities of said Provident Hospital.]]
incurred on or after July 1, 1973, pursuant to a Plan of
Reorganization approved by the Circuit Court of Baltimore
City.

SECTION 4. AND BE IT FURTHER ENACTED, That the
payment of any funds under the provisions of this Act for
the purpose of assisting Provident Hospital, Inc. shall
be contingent upon the provision of a sum of One Million
Dollars ($1,000,000) as an equal and matching fund for