HARRY HUGHES, Governor

3615

(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: as a grant
to the County Executive and County Council of Wicomico
County for the construction and equipping equipment of the
Wicomico County Jail.

(4)  There is hereby levied and imposed an annual State
tax on all assessable property in the States 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 purposes set forth in Section
1(3) above, the County Executive and County Council of
Wicomico County shall provide at least an equal and matching
fund of $4,000,000. 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 County Executive and County Council of
Wicomico County has have 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 June 1, 1982.