HARRY HUGHES, Governor
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applicable architects' and engineers' fees: as a grant to the
Mayor and City Council of Hagerstown for the purpose of the
planning, design, renovation, and improvement of the Hagerstown
Municipal Stadium.
(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
Mayor and City Council of Hagerstown shall provide at least an
equal and matching fund of $387,500 $350,000. 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 Mayor and City Council of Hagerstown have 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.
CHAPTER 338
(House Bill 695)
AN ACT concerning
Creation of a State Debt - Maryland 4-H Foundation
FOR the purpose of authorizing the creation of a State Debt in
the amount of $575,000 $525,000, the proceeds to be used as
a grant to the Maryland 4-H Foundation for the purpose of
the planning, design, construction, and equipping of a
building to be located on the University of Maryland College
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