HARRY HUGHES, Governor
3327
Annotated Code of Maryland as set forth in Section 10 of
this Act, received in each year as is required to make the
principal and interest payments due in that year (to the
extent not previously set aside) and in the next succeeding
year shall be set aside by the State Comptroller and
transferred to the Annuity Bond Fund for the purpose of
making such principal and interest payments. The balance of
the proceeds of such tax, if any, shall remain in the
special fund account on the books of the State Comptroller,
provided, however, that if the State Comptroller determines
at any time or from time to time that a portion thereof will
not be required for the payment of the principal of or
interest on the bonds or Certificates of Indebtedness issued
under the provisions of this Act, he shall certify the
amount of such portion, which shall thereby be made
available for the funding of projects for the acquisition
and development of recreation land and open space, as
provided under "Program Open Space." Any proceeds of such
tax which may for any reason not be expended or applied as
herein provided, shall be transferred to the Annuity Bond
Fund and shall be applied to the debt service requirements
of the State.
11Q.
THAT, FOR THE FISCAL YEAR 1983, OF THE FUNDS
APPROPRIATED BY SECTION 5 OF THIS ACT FOR PROGRAM OPEN
SPACE, THERE SHALL BE ALLOCATED A TOTAL OF $24,000,000 TO BE
USED BY STATE AGENCIES AND SUBDIVISIONS FOR THE FOLLOWING
PROJECTS OR PURPOSES:
DEPARTMENT OF NATURAL RESOURCES, LAND ACQUISITION:
(1) BAY ACCESS AREAS................. $ 500, 000
(2) DUNDEE/SALTPETER CREEK (BALTIMORE
COUNTY): THE LAND ACQUISITION PROGRAM MAY NOT EXCEED
1,151 ACRES..................................... $ 250,000
(3) GREEN RIDGE (ALLEGANY AND WASHINGTON
COUNTIES): THE LAND ACQUISITION PROGRAM MAY NOT EXCEED
51,825 ACRES..................................... $ 500,000
(4) GUNPOWDER (BALTIMORE AND HARFORD COUNTIES):
THE LAND ACQUISITION PROGRAM MAY NOT EXCEED 15,646
ACRES............................................ $1,500,000
(5) OCEAN CITY....................... $ 250,000
(6) PATAPSCO VALLEY (ANNE ARUNDEL, BALTIMORE,
CARROLL, AND HOWARD COUNTIES): THE LAND ACQUISITION PROGRAM
MAY NOT EXCEED 15,200 ACRES...................... $1,600,000
(7) PATUXENT RIVER NATURAL RESOURCES MANAGEMENT
AREA (PRINCE GEORGE'S COUNTY): THE LAND ACQUISITION PROGRAM
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