1658                                      LAWS OF MARYLAND                                    Ch. 589

(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 a State
grant to the Mayor and City Council of Baltimore for the
acquisition of a site, design, planning, relocation,
demolition, and construction of a recreation center in the
City of Baltimore for handicapped persons.

(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
$1,500,000 for this project. The Mayor and City Council of
Baltimore shall have until June 1, 19 81, to present evidence
satisfactory to the Board of Public Works that this fund
amount shall 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 amount 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 Stato grant
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 Works
on or before June 1, 1981, the proceeds of the State—grant
loan shall be transferred to the Annuity Bond Fund and
applied to the debt service requirements of the State.

(6)   Any federal funds received for the purpose of this
Act shall be used, in accordance with federal law, to reduce
equally the amounts provided by Baltimore City and the
State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1979.

Approved May 29, 1979.

CHAPTER

590