2770

LAWS OF MARYLAND                                 Ch. 952

under § 2B of Article 31 of the Code.

(3) The actual cash proceeds of the sale of the bonds
shall be paid to the Treasurer and shall be first applied to
the payment of the expenses of issuing and delivering the
bonds unless funds for this purpose are otherwise provided
and thereafter shall be credited on the books of the State
Comptroller and expended, upon approval by the Board of
Public Works, for the following public purposes, including
any applicable architects' and engineers' fees: to assist
in roofing, heating, ventilating, insulating, air
conditioning, stuccoing, and other work in relation to the
Baltimore City Jail and Detention Center for Women.

(4) There is hereby levied and imposed an annual
State tax on all assessable property in the State in rate
and amount sufficient to pay the principal of and interest
on the bonds as and when due and until paid in full, such
principal to be discharged within fifteen years of the date
of issue of the bonds.

(5) Prior to the payment of any funds under the
provisions of this Act for the purposes set forth in Section
1(3) above, the Mayor and City Council of Baltimore shall
provide at least an equal and matching fund of $270,000
$195,000 for this project. The Mayor and City Council of
Baltimore shall have until June 1, 1980, to present evidence
satisfactory to the Board of Public Works that this fund
will be provided. Upon receiving from the Board of Public
Works on or before June 1, 1980, a certification of suitable
evidence, the Treasurer of the State shall expend the
proceeds of the loan proceeds of the lean shall be expended
in accordance with the provisions of this Act. If
satisfactory evidence of the raising of at least an equal
and matching fund for this project is cot presented to the
Board of Public Works on or before June 1, 1980, the
proceeds of the loan shall be transferred to the Annuity
Bond Fund and applied to the debt service requirements of
the State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect Jure 1, 1978.

Approved May 29, 1978.

CHAPTER 953
(House Bill 1789)
AN ACT concerning

Industrial Buildings for Counties and Municipalities
FOR the purpose of providing that the term "industrial