2842

VETOES

AN ACT concerning

Creation of a State Debt — Renovation of
Lyric Theater

FOR the purpose of amending a certain section of Chapter
351 of the Acts of the Regular Session of the
General Assembly of 1974 to provide that the payment
of any funds under the provisions of that Act
[[shall become available only upon the execution of
a written agreement between the Lyric Foundation,
Inc., and the University of Baltimore Educational
Foundation, Inc., stating whether they will merge,
and setting forth their obligations, joint and
several, to provide matching funds for this
project]] for assisting in construction, renovation,
restoration, improvement and equipping the Lryic
Theater shall be come available only upon certain
conditions and contingencies; and extending for two
years the time by which the Lyric Foundation, Inc.,
or the University of Baltimore Educational
Foundation, Inc., or both, or their successor or
successors in interest, must present evidence
satisfactory to the Board of Public Works of the
raising of a certain sum as an equal and matching
fund for this project.

May 17, 1976.
Honorable John Hanson Briscoe
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404

Dear Mr. Speaker:

In accordance with Article II, Section 17, of the
Maryland Constitution, I have today vetoed House Bill
1462.

This bill amends Chapter 351 of the Acts of the
General Assembly of 1974 in order to specify certain
contingencies applicable to the Lyric Theater Renovation
Loan of 1974.

Senate Bill 700, which was enacted by the General
Assembly and signed by me on May 17, 1976, accomplishes
the same purpose. In addition, the title of Senate Bill
700 is more descriptive of the contents of the bill than
is the title of House Bill 1462.

For these reasons I have decided to veto House Bill
1462.