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Session Laws, 1984
Volume 759, Page 2317   View pdf image
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HARRY HUGHES, Governor

2317

(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
Neighborhood Parents Club, Inc. the Mayor and City Council of
Baltimore for the purpose of the planning, . design, construction,
and equipment equipping of the Eubie Blake National Museum in the
Eubie Blake Cultural Center 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.

(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
Neighborhood Parents, Club, Inc. the Mayor and City Council of
Baltimore shall provide a at least an equal and a matching
"fund of $50,000 $100,000 $50,000. No part of an applicant's 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 funds,
the Board of Public Works shall determine the matter, and the
Board's decision is final. Neighborhood Parents Club, Inc. the
Mayor and City Council of Baltimore has have until June 1, 1986,
to present evidence satisfactory to the Board of Public Works
that the 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, 1986, the proceeds of the loan shall be applied to the
purposes authorized in Article 78A, § 3 of the Code.
Furthermore, the Mayor and City Council of Baltimore shall grant
and convey a perpetual preservation easement on the exterior and
interior of the structures, where appropriate, and on the land to
the Maryland Historical Trust, in form and substance acceptable
to the Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1984.

Approved May 15, 1984.

 

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Session Laws, 1984
Volume 759, Page 2317   View pdf image
 Jump to  
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