HARRY HUGHES, Governor

2185

Center Stage Associates, Inc. in the restoration, rehabilitation,
reconstruction, renovation, improvement, modernization,
furnishing, and equipping of Center Stage 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
Center Stage Associates, Inc. shall provide at least an equal and
matching fund of $250,000. 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 or in kind contributions.
The fund may consist of funds expended prior to the effective
date of this Act and of funds acquired but not applied as
matching funds for previous grants. 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 Center Stage Associates, Inc. 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. Furthermore, the Center Stage Associates, Inc. may use any
portion of the proceeds of the loan or any of the matching funds
to reimburse the Operating Fund of Center Stage Associates, Inc.
for monies spent for the purposes set forth in Section 1(3) of
this Act.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1985.

Approved May 21, 1985.

CHAPTER 323
(House Bill 549)
AN ACT concerning

Special Police Officers - Commission