2626                                 LAWS OF MARYLAND                               Ch. 761

additions and alterations to the Andrews Building for a
vocational education center, and alterations to
existing buildings to include elimination of
architectural barriers and life safety deficiencies
subject to a certain condition; requiring that the
expenditure of the proceeds shall be based upon a
certain ratio of matching funds for which the Maryland
School for the Blind has made provision; 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 Maryland School for
the Blind Loan of 1980 in the aggregate principal amount of
$5,000,000. 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 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: to assist in
the construction of a Multi-Purpose Building and walkways,
additions and alterations to the Andrews Building for a
vocational education center, and alterations to existing
buildings to include elimination of architectural barriers
and life safety deficiencies.

(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 Maryland
School for the Blind of a sum up to $770,000 as a matching
fund for this project. The Maryland School for the Blind