Ch. 163                                           LAWS OF 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.

(5)  Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in subsection (3) of this
section Section 1(3) above, the City of Frederick shall provide
at least an equal and matching fund of $300,000 $150,000. 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, 1991 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, 1991, the proceeds of the loan shall be applied to the
purposes authorized in § 8-129 of the State Finance and
Procurement Article.

(6) The Weinberg Center for the Arts shall grant and convey
a perpetual preservation easement on the exterior and interior of
the improvements, where appropriate, and on the 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, 1989.

Approved May 5, 1989.

CHAPTER 163

(House Bill 99)

AN ACT concerning

Corporations and Associations - Fees

FOR the purpose of establishing a schedule of fees for the
processing, on an expedited basis, of certain corporate or
limited partnership documents by the Department of

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