HARRY HUGHES, Governor                                     2473

Works, for the following public purposes, including any
applicable architects' and engineers' fees: as a grant to The
Babe Ruth Birthplace Foundation, Inc., for the purpose of the
upgrading of exhibits, planning, improvement, renovation,
expansion, and reconstruction of the Babe Ruth Birthplace -
Maryland Baseball Hall of Fame and Museum.

(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
Babe Ruth Birthplace Foundation, Inc., shall provide at least an
equal and matching fund of $40,000. 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
Babe Ruth Birthplace Foundation, Inc., has until June 1, 1986, 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, 1986, the proceeds of the loan shall be
applied to the purposes authorized in Article 78A, § 3 of the
Code. Furthermore, the The Babe Ruth Birthplace Foundation, Inc.
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.

CHAPTER 426
(House Bill 577)
AN ACT concerning

MSBDFA - Small Business Surety Bond Guarantee Program