HARRY HUGHES, Governor                              2531

subject to the condition that a certain matching fund
be provided for the same purpose by a certain date; and
providing generally for the issue and sale of bonds
evidencing the loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1)  The Board of Public Works may borrow money and
incur indebtedness on behalf of the State of Maryland
through a State loan to be known as the Museum of Ceramic
Art Loan of 1980 in the aggregate principal amount of
$127,000 $60,000. 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 1979 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
renovation and equipping of a building in Columbia,
Maryland, to house the Museum of Ceramic Art.

(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)  The payment of any funds under the provisions of
this Act for the purpose set forth in Section 1(3), above,
shall be contingent upon the provision by the Museum of
Ceramic Art of a sum up to $60,000 as a matching fund for
this project in the ratio of $1 of State funds for every $1
of non-State funds from any source. The Museum of Ceramic
Art shall have until June 1, 1982, to present evidence
satisfactory to the Board of Public Works of the sum that it
has raised for this purpose. Upon a certification of
suitable evidence from the Board of Public Works on or
before June 1, 1982, the proceeds of the loan shall be
expended in accordance with the provisions of this Act. To
the extent that satisfactory evidence of the raising of a
sum up to $60,000 as a matching fund of this project is not