EXECUTIVE ORDERS

to a reallocation at the time of the
issuance and delivery of the bonds if,
before the expiration of the applicable
period set forth in subsection (b)(3)(D)
above:

(i) the bonds requiring the allocation
are issued; and

(ii) the Secretary shall have received a
copy of the fully executed
Information Report and, if
applicable, the executed
certification of the Issuer or its
bond counsel containing the
information which is requested by
Section 266G of Article 4l of the
Annotated Code of Maryland, as
amended (the "Section 266G
Certificate").

1) No reallocations for carryforward projects shall

be made between October 1, 1986 and December

22, 1986 but applications may be filed with the
Secretary during this period.

(2) Beginning December 23, 1986 through December
31, 1986 the Secretary shall make reallocations
only for qualifying carryforward projects for
which no allocation has been made, or from any
portion of the Maryland State Ceiling under
which no nonessential function bonds have been
issued.

7. Minority Consideration.

In addition to any other requirements imposed by
this Proclamation, the recipients of the proceeds of
nonessential function bonds shall make best efforts
to use minority business enterprises, as defined in
Section 18-601 of the State Finance and Procurement
Article of the Annotated Code of Maryland, as
amended, in the construction of Projects and the
provision of services and supplies with such
proceeds. Issuers shall monitor compliance with
this requirement by recipients of bond proceeds.

The Secretary may provide guidance in connection
with the efforts of such recipients to use minority
business enterprises; such recipients shall provide
any information on their efforts to the Issuer or to
the Secretary that the Issuer or the Secretary
requests.                                                                   

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