HARRY HUGHES, Governor

1915

(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
Great Blacks in Wax Museum for the purpose of the land
acquisition, relocation, renovation, reconstruction,
rehabilitation, improvement, expansion, and equipping of the
Great Blacks in Wax Museum in Baltimore City, including the
acquisition and construction of additional wax figures and
display scenes.

(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
Great Blacks in Wax Museum shall provide a matching fund of
$34,500 at least an equal and matching fund of $70,000 $100,000.
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 Great Blacks in Wax Museum has until June 1, 1987,
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, 1987, 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, 1985.

Approved May 21, 1985.