MARVIN MANDEL, Governor 3785
actual cash proceeds of the sale of the bonds to be
issued under this Act shall be paid to the Treasurer of
the State upon the warrant of the Comptroller and such
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 "Manson House and The
Maryland Building Loan of 1975" and expended as needed by
the State, upon approval by the Board of Public Works,
for the following purposes to wit:
(A) For the renovation, restoration, improvement
and equipping of [[Manson]] Mansion House located at The
Baltimore Zoo, Druid Hill Park in the City of Baltimore,
Maryland, including the payment of architects' and
engineers' fees; and
(B) For renovation, restoration, improvement,
equipping, and landscaping of The Maryland Building
located at The Baltimore Zoo, Druid Hill Park in the City
of Baltimore, Maryland, including the payment of
architects' and engineers' fees.
(C) The payment of funds under the provisions of
this Act shall be made to the Mayor and City council of
Baltimore by the Board of Public Works upon receipt of
information under terms and conditions established by the
Board of Public Works. No funds for construction shall
be authorised by the Board of Public Works until it has
received and approved detailed plans for the design of
the building for which construction funds are requested.
No funds provided under this Act may be utilized for any
purpose other than the design, construction, renovation,
restoration, improvement, equipping, and landscaping of
the Mansion House and of The Maryland Building, including
the payment of architects' and engineers' fees.
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.
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