Ch. 287                                    1994 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
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 the Babe Ruth
Birthplace Foundation, 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 Board of Directors of the Babe Ruth Birthplace
Foundation, 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.

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

Approved May 2, 1994.

CHAPTER 287
(House Bill 558)

AN ACT concerning

Babe Ruth Museum Loan of 1989

FOR the purpose of amending Chapter 593 of the Acts of the General Assembly of 1989,
the Babe Ruth Museum Loan of 1989, as amended by Chapter 333 of the Acts of
the General Assembly of 1991, to provide that the proceeds shall be used for the
design and construction of the Babe Ruth Baseball Center at Camden Station in
Baltimore City, including the renovation, repair, and reconstruction of the interior
of Camden Station.               

BY repealing and reenacting, with amendments, .

Chapter 593 of the Acts of the General Assembly of 1989, as amended by Chapter

333 of the Acts of the General Assembly of 1991
Section 1                                                                     

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

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