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Session Laws, 1975
Volume 716, Page 3316   View pdf image
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3316

LAWS OF MARYLAND

[Ch. 759

proceeds shall be used exclusively for the following
purposes, to wit:

(1)    The Comptroller, immediately upon the
sale of and payment for said bonds, first, shall return
to and credit the Treasury for a sum equivalent to the
amount expended under Section 4 of this Act,

(2)     The remainder of the proceeds of such
loan shall be credited on the books of the State
Comptroller, to be made part of the "Peabody Library Loan
of 1975" and expended as needed by the State, upon
approval of the Board of Public Works, and as further
provided in this Act, for the purpose of aiding in the
design and construction of a climatic and humidity
control system for the George Peabody Branch of the
Enoch Pratt Free Library, including the payment of
architects' and engineers' fees; and further to provide
for the purchase and installation of climatic and
humidity control equipment for the George Peabody Branch
of the Enoch Pratt Free Library; and further to provide
for the repair and rehabilitation of books, maps,
documents and other materials contained in the collection
of the Peabody Department of the Enoch Pratt Central
Library.

SECTION 6. AND BE IT FURTHER ENACTED, That all
funds which may be appropriated at any time or from time
to time by the General Assembly in any Annual State
Budget Bill for the payment of principal and interest on
bonds issued pursuant to this Act shall be deposited in
the Annuity Bond Fund by the State Comptroller to be
applied to the payment of principal and interest on bonds
issued pursuant to this Act.

[[SECTION 7. AND BE IT FURTHER ENACTED, That the
payment of any funds under the provisions of this Act for
the purpose of aiding in the design and construction of a
climatic and humidity control system for the George
Peabody Branch of the Enoch Pratt Free Library, including
the payment of architects' and engineers' fees; and
further to aid in the purchase and installation of
climatic and humidity control equipment for the George
Peabody Branch of the Enoch Pratt Free Library; and
further to provide for the repair and rehabilitation of
books, maps, documents and other materials contained in
the collection of the Peabody Department of the Enoch
Pratt Central Library shall be contingent upon the
provision by the Board of Trustees of the Enoch Pratt
Free Library and the Committee for the Peabody Department
of at least an equal and matching fund for this project
from private and other public sources. The said Board of

 

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Session Laws, 1975
Volume 716, Page 3316   View pdf image
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