Ch. 218

1995 LAWS OF MARYLAND

(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 of $50,000. No part of the grantee's matching fund may be provided, either directly
or indirectly, from funds of the State, whether appropriated or unappropriated. 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 grantee has until June 1,
1997, 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 grantee shall grant and convey to
the Maryland Historical Trust a perpetual preservation easement to the extent of its
interest on the historic vessels owned by the grantee:

(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, 1995.

Approved May 9, 1995.

CHAPTER 218
(Senate Bill 846)

AN ACT concerning                                                                                                       

Garrett County - Public Facilities Bonds

FOR the purpose of authorizing and empowering the County Commissioners of Garrett
County, from time to time, to borrow not more than $4,000,000 $6,000,000 in order
to finance certain road and bridge projects and, certain public school facilities, and
certain landfill facilities in Garrett County, as herein defined, and to effect such
borrowing by the issuance and sale at public or private sale of its general obligation
bonds in like par amount; limiting the amount of the proceeds that may be used for
both road or bridge projects and, public school facilities, and landfill facilities;
empowering the County to fix and determine, by resolution, the form, tenor, interest
rate or rates or method of determining the same, terms, conditions, maturities, and

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