Ch. 191

1995 LAWS OF MARYLAND

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 Ladew Topiary Gardens (referred to hereafter in this Act as "the grantee")
for the repair and renovation of the main house, the gardener's cottage, the visitors'
center, bridges, and the parking lot and driveway, including asbestos removal, the
installation of a cistern, and other measures that are necessary to meet fire, safety, and
health standards, for the restoration of paintings and furnishings, for the construction of
an addition to the equipment shed and of a stairway, for the installation of outside
lighting, and for the stabilization of outside walls and for the replacement of diseased
topiary hedges at Ladew Topiary Gardens, located on Jarrettsville Pike in Monkton in
Harford County.

(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 grantee shall provide and expend a matching
fund. No part of the grantee'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. The fund may consist of in kind contributions or
funds expended prior to the effective date of this Act. For all contributions that are part
of the matching fund, the contributions shall have been made no earlier than January 1,
1993. 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 grantee has until June 1, 1998, to present
evidence satisfactory to the Board of Public Works that a matching fund will be provided.
The grantee may provide the matching fund on an incremental basis over the period of
three years. Each increment of the matching fund that the grantee provides shall be of at
least $75,000. If satisfactory evidence is presented, the Board shall certify this fact and the
amount of the increment of the matching fund to the State Treasurer, and the proceeds
of the loan equal to the amount of the increment of the matching fund shall be expended
for the purposes provided in this Act. This will continue for the period of three years. At
the' end of the three years, 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 grantee 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.

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