MARVIN MANDEL, Governor                            2253

SECTION 7. AND BE IT FURTHER ENACTED, That if the
State of Maryland shall not have contracted, or taken
other appropriate steps,, for the acquisition of real
property or architectural easements on State Circle and
School Street in Annapolis within two (2) years from the
effective date of this Act, then no funds under the
provisions of this Act shall thereafter be paid or
expended for the purpose of the purchase of real property
or the acquisition of architectural easements on State
Circle and School Street in Annapolis. However, nothing
herein contained shall prevent or prohibit the
expenditure of funds for preliminary or pre-contract
costs in connection with the project for which this
appropriation is made.

SECTION 8. AND BE IT FURTHER ENACTED, That any
unexpended funds, including funds received from the sale
of real property as authorized herein, shall be applied
to the reduction of the outstanding indebtedness of the
State.

SECTION 9. 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 or before May 1, 1975 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
principal 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 of Baltimore City shall forthwith levy and
collect such tax at such rate.

Provided, however, that the levy or levies required
by this section shall not be made and the tax or taxes
shall not be collected in any year to the extent that, on
or before May 1, 1975, and on or before May 1 in each
taxable year thereafter the Board of Public Works
determines upon a certified statement rendered to the
Board by the State Comptroller that payment of principal
and interest on the bonds issued pursuant to this Act
will be met during the ensuing taxable year from funds
appropriated by the General Assembly, as provided in
Section 6 of this Act. Upon, and to the extent of, such
determination by the Board of Public Works, the Governor
shall, by proclamation issued pursuant to a resolution of