Ch. 428                                    LAWS OF MARYLAND

loan to be known as the Maryland Historical Trust Loan of 1987 in
the total principal amount of $286,000 $200,000. This loan shall
be evidenced by the issuance, sale, and delivery of State general
obligation bonds authorized by a 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 the Maryland Historical. Trust for
the planning of a statewide Archeological Conservation Laboratory
and Curation the Maryland Archeological Conservation Facility to
be located at Jefferson Patterson Park and Museum in Calvert
County 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.

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

Approved. May 14, 1987.

CHAPTER 428

(Senate Bill 1069)

AN ACT concerning

Frederick County - Public Facilities Bonds

FOR the purpose of authorizing and empowering the County
Commissioners of Frederick County, from time to time, to
borrow not more than $10,000,000 in order to finance the
cost of certain public facilities in Frederick County, as

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