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Session Laws, 1994
Volume 773, Page 1623   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                         Ch. 212

(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 Central Maryland Chapter of the
Afro-American Historical & Genealogical Society, 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 decision is final. The Central Maryland
Chapter of the Afro-American Historical & Genealogical Society, Inc. has until June 1,
1996, to present evidence satisfactory to the Board of Public Works that a matching fund
will be provided. If satisfactory evidence is presented, the Board shall certify this fact and
the amount of the matching fund to the State Treasurer, and the proceeds of the loan
equal to the amount of the matching fund shall be expended for the purposes provided in
this Act. Any amount of the loan in excess of the amount of the matching fund certified
by the Board of Public Works shall be canceled and be of no further effect.

(6)     (a) Prior to the issuance of the bonds, the Central Maryland Chapter of the
Afro-American Historical & Genealogical Society, Inc. shall grant and convey to the
Maryland Historical Trust a perpetual preservation easement to the extent of its interest:

(i) On the land or such portion of the land acceptable to the Trust;
and

(ii) On the exterior and interior, where appropriate, of the historic
structures.

(b) The easement must be in form and substance acceptable to the Trust
and the extent of the interest to be encumbered must be acceptable to the Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1994.

Approved May 2, 1994.

CHAPTER 212
(Senate Bill 835)

AN ACT concerning

Election Laws - Baltimore City Democratic Party Central Committee - Membership

FOR the purpose of altering the membership and procedure for electing the members of
the Baltimore City Democratic Party central committee; and generally relating to

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Session Laws, 1994
Volume 773, Page 1623   View pdf image
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