HARRY HUGHES, Governor                                     1681

(3)  The cash proceeds of the sale of the bonds shall be
paid to the Treasurer and first shall be applied to the payment
of the expenses of issuing, selling, and delivering the bonds,
unless funds for this purpose are otherwise provided, and then
shall be credited on the books of the Comptroller and expended,
on approval by the Board of Public Works, for the following
public purposes, including any applicable architects' and
engineers' fees: for a grant to Associated Catholic Charities,
Inc. for the purpose of design, renovation, and equipping of the
Saint Vincent's Center.

(4)  An annual State tax is imposed 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. The principal shall be discharged within 15 years
after 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
Associated Catholic Charities, Inc. shall provide at least an
equal and matching fund of $350,000. No part of an applicant's
matching fund may be provided, whether directly or indirectly,
from funds of the State, whether appropriated or unappropriated.
No part of the matching 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.
Associated Catholic Charities, Inc. has until June 1, 1988 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, 1988, the proceeds of the loan shall be applied to the
purposes authorized in § 8-129 of the State Finance and
Procurement Article.

(6) No portion of the proceeds of the loan or any of the
matching funds may be used for the furtherance of sectarian
religious instruction, or in connection with the design,
acquisition, or construction of any building used or to be used
as a place of sectarian religious worship or instruction, or in
connection with any program or department of divinity for any
religious denomination. Upon the request of the Board of Public
Works, the Associated Catholic Charities, Inc., shall submit
evidence satisfactory to the Board that none of the proceeds of
this loan or any matching funds have been or are being used for a
purpose prohibited by this Act.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall

take effect June 1, 1986.
Approved May 13, 1986.