WILLIAM DONALD SCHAEFER, Governor

make any and all allocations, apportionments,
determinations, or findings required or permitted by this
Proclamation. The Secretary may delegate such authority to
the Deputy Secretary of Economic and [Community] EMPLOYMENT
Development. Any allocations, apportionments,
determinations, and findings of the Secretary shall be made
in his sole and absolute discretion, subject to the
provisions of this Proclamation, and shall be conclusive,
and shall not be subject to review or approval (1) [(a)]
under either the Maryland Administrative Procedure Act or
any other law of the State of Maryland, or (2) [(b)] by any
agency or political subdivision of the State of Maryland.
THE SECRETARY SHALL TAKE ACTIONS UNDER SECTION B.(4)(B)
[2(D)(2)], SECTION F [6] AND SECTION H [8] OF THIS
PROCLAMATION ONLY AFTER CONSULTING WITH THE SECRETARY OF
HOUSING AND COMMUNITY DEVELOPMENT.

B. [Section 2.] Initial Allocations. The Maryland State
Ceiling shall be initially allocated for the period from the
date hereof through September 30, 1987 as follows:

(1) [(a) ] Counties.

(A)  [(1)] There is hereby initially allocated
among those Local Issuers which are counties of the State of
Maryland and the City of Baltimore (collectively, the
"Counties" and individually a "County") a total of 40
percent of the Maryland State Ceiling, consisting of
(I)[(a)] 25 percent of the Maryland State Ceiling designated
initially for the issuance of qualified mortgage bonds and
bonds for qualified, residential rental projects (as defined
in the Tax Reform Act, and together referred to herein as
"Housing Bonds") and (II)[(b)] 15 percent of the Maryland
State Ceiling designated for the issuance of Private
Activity Bonds other than Housing Bonds.

(B)  [(2)] The allocation to each County for
Housing Bonds shall equal 25 percent of the Maryland State
Ceiling multiplied by a fraction, the numerator of which is
the population of the County and the denominator of which is
the population of the State of Maryland.

(C)  [(3)] The allocation to each County for bonds
other than Housing Bonds shall be in the following amounts:

County Allegany Anne Arundel Baltimore City

Minimum Allocation based on population 693,955 3,614,591 6,863,984

Bonus Allocation
based on 3 year
average issuance
of non-housing
private activity bonds

239,111

1,289,625

2,312,616

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