Ch. 506
LAWS OF MARYLAND
Foundation Headquarters and the North American Wild Fowl Art
Museum to be located on a site in Salisbury, 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 Section 1(3) above, the
Ward Foundation shall provide at least an equal and matching fund
of $2,000,000 $1,000,000. 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 Ward Foundation 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.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1989.
Approved May 19, 1989.
CHAPTER 506
(House Bill 368)
AN ACT concerning
Immunity and Liability - Payment of Settlements,
Judgments, and Counsel Fees
FOR the purpose of making uniform the procedures, fund sources,
and basis of payment by the State of noncontract
settlements, judgments, and counsel fees approved by the
Board of Public Works; authorizing limited delegation of
approval authority by the Board; conforming and clarifying
- 3176 -
|
|