2732

LAWS OF MARYLAND

[Ch. 564

or any portion thereof are to be redeemed and the amount
to be redeemed upon such dates, respectively, according
to the serial annuity plan applied to said loan as a
whole or to the group of certificates evidencing a part
of said loan issued at a particular time, as the case may
be. Said loan and certificates and every part thereof
and the interest payable thereon shall be and remain
exempt from State, county and municipal taxation.

2.

That the Board of Public Works is hereby authorized
and directed to have prepared proper certificates of
indebtedness of the State in good and sufficient form to
aggregate the amount of [[eighty two million dollars
($82,000,000)]] [[ninety two million dollars

($92,000,000)]]______eighty-eight million dollars

($88,000,000) as evidence of such loan; such certificates
of indebtedness shall bear date as of the time of their
issue as provided in Section 1 of this Act. Each of said
certificates shall be signed and countersigned in the
manner prescribed by Section 3 of Article VI of the
Maryland Constitution.

SECTION 3. AND BE IT FURTHER ENACTED, That new
[[Sections 11H and 11-1]] Section 11H be and [[they are]]
it is hereby added to Chapter 403 of the Acts of 1969, to
follow immediately after Section 11G thereof, as added by
Chapter 632 of the Acts of 1974 and to read as follows:

Chapter 403

11H.

THAT, FOR THE FISCAL TEAR 1976, OF THE FUNDS
APPROPRIATED BY SECTION 5 OF THIS ACT, THERE SHALL BE
ALLOCATED A TOTAL OF [[$13,000,000]] [[$23,000,000]]
$19,000,000 TO BE USED EXCLUSIVELY BY THE STATE AGENCIES
AND LOCAL GOVERNING BODIES HEREUNDER. FROM THE FUNDS
AVAILABLE UNDER THIS PROGRAM FOR THE FISCAL YEAR 1976,
THE FOLLOWING STATE AGENCIES AND BALTIMORE CITY ARE
HEREBY AUTHORIZED TO EXPEND THE FOLLOWING AMOUNTS FOR THE
FOLLOWING PROJECTS:

DEPARTMENT OF NATURAL RESOURCES, LAND ACQUISITION

(1)         BUSH RIVER (HARFORD COUNTY) :
APPROXIMATELY 75 ACRES BUT NOT TO EXCEED 500
ACRES..............................$100,000

(2)         DONCASTER (CHARLES COUNTY) :
APPROXIMATELY 100 ACRES BUT NOT TO EXCEED 1600