1898                                       LAWS OF MARYLAND                                    Ch. 507

resolution of the Board of Public Works and issued, sold, and
delivered in accordance with §§ 8-117 through 8-124 of the State
Finance and Procurement Article and Article 31, § 22 of the Code.

(2)  The bonds to evidence this loan or installments of this
loan may be sold as a single issue, or may be consolidated and
sold as part of a single issue of bonds under § 8-122 of the
State Finance and Procurement Article.

(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: as a grant to Maryland Homes for the
Handicapped, Inc. for the purpose of the planning, design,
construction, renovation, rehabilitation, and equipping of
greenhouses and the planning, design, construction, and equipping
of a building to serve severely and medically involved persons at

the site of the White Marsh area nursery business owned by
Maryland Homes for the Handicapped, Inc. and for the purpose of
the planning, design, construction, and equipping of a building

adjacent to or an addition to an existing senior center in
Baltimore County to be used in conjunction with the senior center
to provide day program services for mentally retarded elderly
citizens.

(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.

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(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
Maryland Homes for the Handicapped, Inc. shall provide at least

an equal and matching fund of $247,000 97,000 $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. Maryland Homes for the Handicapped, 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.