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Ch. 440
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1370
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LAWS OF MARYLAND
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to the Jewish Historical Society of Maryland, Inc., for the
purpose of constructing and equipping an historical museum,
including office, library, and meeting facilities, to be a
part of the Jewish Heritage Center, and to be located
adjacent to the Lloyd Street Synagogue in Baltimore City,
subject to the condition that the Mayor and City Council of
Baltimore provide a matching fund of a certain type and
amount for the same purpose by a certain date; providing
that certain easements be granted to the Maryland Historical
Trust; providing that no proceeds of the loan or any of the
matching funds may be used for certain religious purposes;
and providing generally for the issue and sale of bonds
evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money and incur
indebtedness on behalf of the State of Maryland through a State
loan to be known as the Jewish Heritage Center Loan of 1983 in
the aggregate principal amount of $200,000. This loan shall be
evidenced by the issuance and sale of State general obligation
bonds authorized by a resolution of the Board of Public Works and
issued, sold and delivered in accordance with the provisions of
§§ 19 to 23 of Article 31 of the Annotated Code of Maryland (1976
Replacement Volume and 1982 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: as a grant to the
Jewish Historical Society of Maryland, Inc., for the purpose of
constructing and equipping an historical museum, including
office, library, and meeting facilities, to be a part of the
Jewish Heritage Center, and to be located adjacent to the Lloyd
Street Synagogue in Baltimore City.
(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.
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