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LAWS OF MARYLAND

Ch. 463

(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 Section
1(3) above, the Baltimore Symphony Orchestra Association fey
way of private contributions shall provide at least an equal
and matching fund of $1,500,000 for this project. The
Baltimore Symphony Orchestra Association has until June 1,
1984 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, 1984 the
proceeds of the loan shall be transferred to the Annuity
Bond Fund and applied to the debt service requirements of
the State. . No part of an applicant's matching fund may be
provided, either directly or indirectly, from funds of the
State, whether appropriated or unappropriated. No part of
the fund may consist of real property, 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 decision
is final. The Baltimore Symphony Orchestra Association has
until June 1, 1984 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, 1984 the proceeds of the loan shall be applied to
the purposes authorized in Article 78A, § 3 of the Code.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1982.

Approved May 20, 1982.

CHAPTER 464
(House Bill 1847)
AN ACT concerning

Estates and Trusts - Distribution by Representation or