Ch. 421

LAWS OF MARYLAND

restoration and renovation of the home of Thomas Stone, known as
Habre de Venture, located on the Thomas Stone Historic Site in
Charles County, Maryland.

(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)  The payment of any funds under the provisions of this
Act for the purposes set forth in Section 1(3) above, shall be
subject to the requirement that the National Park -Service shall
provide at least an equal and matching fund of $150,000 $125,000.
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 National Park Service has until June 1, 1989, 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, 1989, the proceeds of the loan shall be applied to the
purposes authorized in § 8-129 of the State Finance and
Procurement Article. The National Park Service shall grant and
convey a perpetual preservation easement on the exterior and
interior of the structures, where appropriate, and on the land, to
the Maryland Historical Trust, in form and substance acceptable
to the Trust.

(6)  Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above, the
National Park Service shall obtain project plan approval no later
than June 1, 1988 from the Maryland Historical Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1987.

Approved May 14, 1987.

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