HARRY HUGHES, Governor
1303
Loan of 1979 in the aggregate principal amount of $1,250,000
$1,000,000. This loan shall be evidenced by the issuance
and sale of State general obligation bonds authorized by a
resolution of the Board of Public Works and issued, sold and
delivered in accordance with the provisions of §§ 19 to 23
of Article 31 of the Annotated Code of Maryland (1976
Replacement Volume and 1978 Supplement, as amended from time
to time).
(2) The bonds issued to evidence this loan or
installments thereof may be sold as a single issue, or may
be consolidated and sold as part of a single issue of bonds
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: for the
acquisition, construction, or renovation of work release
centers for the purpose of housing-certain Baltimore City
Jail residents in work release programs ($250,000);
renovation and conversion of the existing City Jail Food
Service Building into a vocational/educational training
center and dormitory ($700,000); funds to complete
construction of the new City Jail kitchen to comply with
standards of the State Health Department and State Jail
Inspector ($300,000).
(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 amount of
$1,250,000 $1,000,000 for this project. The Mayor and City
Council of Baltimore shall have until June 1, 1981, to
present evidence satisfactory to the Board of Public Works
that this fund amount will be provided. Upon receiving from
the Board of Public—Works on or before June 1, 1981, a
certification of suitable evidence, If satisfactory evidence
of the raising of at least an equal and matching fund for
this project is presented to the Board of Public Works on or
before June 1, 1981, the Board of Public Works shall so
certify to the Treasurer of the State and the proceeds of
the loan shall be expended as a State grant in accordance
with the provisions of this Act. If satisfactory evidence
of the raising of at least an equal and matching fund amount
for this project is not presented to the Board of Public
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