HARRY HUGHES, Governor                               2389

Annotated Code of Maryland (1976 Replacement Volume and 1980
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 design, planning, construction, and equipping of a
regional oncology treatment unit at Peninsula General
Hospital Medical Center, Salisbury, Maryland.

(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 Peninsula General
Hospital Medical Center of a sum up to $2,0000,000 as a
matching fund for this project. Peninsula General Hospital
Medical Center shall have until June 1, 1983, to present
evidence satisfactory to the Board of Public Works of the
sum that it has raised as a matching fund for this purpose.
Upon a certification of suitable evidence from the Board of
Public Works on or before June 1, 1983, 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 $2,000,000 as a matching fund for
this project is not presented to the Board of Public Works
on or before June 1, 1983, no funds under the provisions of
this Act shall thereafter be paid over to or expended for
the purposes set forth in Section 1(3), above, and the
remaining 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.