2750                                 LAWS OF MARYLAND                               Ch. 778

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
completion of the renovation and conversion of the old City
Jail kitchen into a dormitory.

(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 purpose set forth in § 1(3)
above, the Mayor and City Council of Baltimore City shall
provide at least an equal and matching amount of $650,000
for this project. The Mayor and City Council of Baltimore
shall have until June 1, 1982, to present evidence
satisfactory to the Board of Public Works that this amount
will be provided. 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,
1982, 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 provisions of
this Act. If satisfactory evidence of the raising of at
least an equal and matching amount for this project is not
presented to the Board of Public Works on or before June 1,
1982, 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 June 1, 1980.

Approved May 27, 1980.

CHAPTER 779