Ch. 495                                     1993 LAWS OF MARYLAND

$1,000,000, the proceeds to be used as a grant to the Board of Directors of Union
Baptist Church, Inc. for the planning, design, construction, and equipping of a new
day care facility on land located on Dolphin Street child care facility at 1201-1217
Druid Hill Avenue in Baltimore City, to be used for the Head Start program, subject
to the requirement that the Board of Directors of Union Baptist Church, Inc.
provide and expend a matching fund and present, by a certain date, evidence that a
matching fund will be provided; providing that no proceeds of a the loan or any
matching funds may be used for religious purposes; and providing generally for the
issuance and sale of bonds evidencing the loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1)     The Board of Public Works may borrow money and incur indebtedness on
behalf of the State of Maryland through a State loan to be known as the Union Baptist
Church, Inc. - Day-Care Facility Child Care Facility - Head Start Loan of 1993 in a total
principal amount equal to the lesser of (i) $1,200,000 $1,000,000 or (ii) the amount of the
matching fund provided in accordance with Section 1(5) below. This loan shall be
evidenced by the issuance, sale, and delivery of State general obligation bonds authorized
by a resolution of the Board of Public Works and issued, sold, and delivered in
accordance with §§ 8-117 through 8-124 of the State Finance and Procurement Article
and Article 31, § 22 of the Code,

(2)     The bonds to evidence this loan or installments of this loan may be sold as a
single issue or may be consolidated and sold as part of a single issue of bonds under §
8-122 of the State Finance and Procurement Article.

(3)     The cash proceeds of the sale of the bonds shall be paid to the Treasurer and
first shall be applied to the payment of the expenses of issuing, selling, and delivering the
bonds, unless funds for this purpose are otherwise provided, and then shall be credited on
the books of the Comptroller and expended, on approval by the Board of Public Works,
for the following public purposes, including any applicable architects' and engineers' fees:
as a grant to the Board of Directors of Union Baptist Church, Inc. for the planning,

. design, construction, and equipping of a new day care facility on land located on Dolphin
Street child care facility at 1201-1217 Druid Hill Avenue in Baltimore City to be used for
the Head Start program.

(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
issuance 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 Board of Directors of Union Baptist Church,
Inc. shall provide and expend a matching fund. 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 the amount of the matching fund or what money or assets may qualify as
matching funds, the Board of Public Works shall determine the matter and the Board's

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