Ch. 500                                   LAWS OF MARYLAND

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 Montgomery County Association
for Retarded Citizens for the purpose of the planning, design,
renovation, reconstruction, rehabilitation, repair, and equipping
of a building located on Norris Drive in Wheaton, Maryland to be
used as a community services center and as administration offices
for the Montgomery County Association for Retarded 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.

(5)  Prior to the payment of any funds under the provision's
of this Act for the purposes set forth in Section 1(3) above, the
Montgomery County Association for Retarded Citizen Citizens shall
provide at least an equal and matching fund of $300,000 $200,000.
No part of an applicant's matching fund may be provided, either
directly or indirectly, from funds of the State, whether
appropriated or unappropriated. However, the matching fund may
consist of federal block grant funds received by Montgomery
County from the Department of Economic and Community Development.
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
Montgomery County Association for Retarded Citizens 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.

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