5182

VETOES

(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. 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.

Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1 (3)
above, the Baltimore Symphony Orchestra Association shall
provide at least an equal and matching fund of $1,500,000.
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 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.

June 1, 1982
The Honorable James Clark, Jr.
President of the Senate
State House
Annapolis, Maryland 21401

Dear Mr. President:

In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill 967.