WILLIAM DONALD SCHAEFER, Governor                   Ch. 409

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 provisions
of this Act for the purposes set forth in Section 1(3) above, the
City of Frederick 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. 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 City of Frederick has until
June 1, 1990, 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, 1990, the proceeds of the loan shall
be applied to the purposes authorized in § 8-129 of the State
Finance and Procurement Article.

(6)  The Delaplaine Visual Arts Center shall grant and
convey a perpetual preservation easement on the exterior and the
interior of the structures, where appropriate, and on land to the
Maryland Historical Trust in form and substance acceptable to the
Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1988.

Approved May 17, 1988.

CHAPTER 409

(House Bill 444)

AN ACT concerning

Frederick County - Dates When Taxes Are Due and Tax Sales

FOR the purpose of altering in Frederick County the date on which
the County Treasurer makes a list of property on which taxes
are overdue and the date on which tax sales are to be held;
repealing an obsolete provision concerning tax sale
procedures and a cross-reference to that provision;

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