HARRY HUGHES, Governor                               2285

1(3) above, the Baltimore Symphony Orchestra Association by
way of private contributions shall provide at least an equal

and matching fund of $3,000,000 for this project. The

Baltimore Symphony Orchestra Orchestra Association by way of
private contributions shall have until June 1, 1983 to
present evidence satisfactory to the Board of Public Works
that this fund will be provided. Upon receiving from the
Board of Public Works on or before June 1, 1983, a
certification of suitable evidence, the proceeds of the loan
shall be expended in accordance with the provisions of this
Act. If satisfactory evidence of the raising of at least an
equal and matching fund for this project is not presented to
the Board of Public Works on or before June 1, 1983, the
proceeds of the loan shall be transferred to the Annuity
Bond Fund and applied to the debt service requirements of
the State.

(5) Prior to the payment of any funds under the
provisions of this Act for the purpose set forth in Section
1(3) above, the Baltimore Symphony Orchestra Association by
way of private contributions shall provide at least an equal
and matching fund of $1,500,000 for this project. No part
of the applicant's matching fund may be provided from State
funds either directly or indirectly. No part of the fund
may consist of real property, or in kind contributions, or
funds expended prior to the effective date of this Act. In
case of any dispute as to what money or assets may qualify
as matching funds, the Board of Public Works shall determine
the matter, and the Board's decisions is final. The
Baltimore Symphony Orchestra Association has until June 1,
1983 to present evidence satisfactory to the Board of Public
Works that the matching fund will be provided. If
satisfactory evidence is presented, the Board shall certify
this fact to the State Treasurer and the proceeds of the
loan shall be expended for the purposes provided in this
Act. If this evidence is not presented by June 1, 1983 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, 1981.

Approved May 19, 1981.

CHAPTER 557
(Senate Bill 640)
AN ACT concerning

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