1172

LAWS OF MARYLAND

Ch. 174

of the property at 3500 East Biddle
Street. If Second Biddle Associates
and any affiliates, participate in any
future transactions with the State of
Maryland involving the property at
3500 East Biddle Street a detailed
economic analysis of financial
benefits received from such
transactions shall be furnished to the
Board of Public Works every six

months.] AND DEMOLITION OF THE

EXISTING STRUCTURE(S) THEREON

(Baltimore City)...........26,000,000

THE BALANCE OF THE APPROPRIATION FOR

THE BIDDLE STREET PROJECT WHICH IS

UNEXPENDED AND UNCOMMITTED ON THE

EFFECTIVE DATE OF THE CORRECTIONAL

(S. B. OR H. B. ___) SHALL BE

REVERTED BY THE BOARD OF PUBLIC WORKS

TO THE STATE ANNUITY BOND FUND.

ON THE DATE ON WHICH THE BOARD OF

PUBLIC WORKS SHALL CERTIFY THAT THE

CONDITION CONTAINED IN SECTION 1.(3)

OF THE ACT AUTHORIZING THE

CORRECTIONAL COMPLEX - FORT ARMISTEAD
LOAN OF 1978 (H.B. 2173 OR S. B. 1303)
HAS BEEN SATISFIED, THE BOARD OF
PUBLIC WORKS SHALL REVERT TO THE

ANNUITY BOND FUND SO MUCH OF THE

APPROPRIATION FOR THE BIDDLE STREET
PROJECT AS IS THEN UNEXPENDED AND
UNCOMMITTED, AND IF THE STATE SELLS OR
TRANSFERS THE PROPERTY AT 3500 EAST
BIDDLE STREET, BALTIMORE, THE STATE
SHALL RECEIVE THE FAIR MARKET VALUE
FOR SAID PROPERTY.

SECTION 3. AND BE IT FURTHER ENACTED, That Section 2

of this Act is contingent upon the taking effect of Section

1 of this Act. If the Correctional Complex Fort Armistead

Loan of 1978 is not approved, or if any condition or

conditions attached to said Loan are not fulfilled, then
satisfaction of the condition that the State of Maryland be
able to obtain clear title, on or before February 15, 1979.
to the property in Baltimore City at Fort Armistead Park,
without any restriction on its use for a correctional
complex consisting of a 640 bed medium security unit and a

250 bed, minimum__security unit on said property. If that

condition is not satisfied, Section 2 of this Act is null
and void without the necessity of further action by the
General Assembly.

SECTION 4. AND BE IT FURTHER ENACTED, That the
provisions of this Act are not severable, and if any
provision of this Act is declared to be invalid by a court
of competent jurisdiction, or is otherwise precluded from