Ch. 252                                    1995 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 Mayor and City Council of Brunswick 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[,] OR in kind
contributions[, or]. THE FUND MAY CONSIST OF 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 Mayor and City Council of
Brunswick have 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, 1995.

Approved May 9, 1995.

CHAPTER 252
(House Bill 352)

AN ACT concerning

WMATA - Procurement Procedures and Distribution of Audit

MC/PG 28-95

FOR the purpose of requiring the distribution of a report of a certain audit of the
Washington Metropolitan Area Transit Authority to the Mayor and Council of the
District of Columbia; specifying the factors WMATA is required to consider in
determining the appropriate competitive procedure for a procurement of property,
services, or construction; specifying the circumstances under which WMATA may
exclude a source from a procurement; specifying the circumstances under which
WMATA may use procedures other than competitive procedures for a
procurement; specifying the circumstances under which WMATA may use
simplified acquisition procedures for a procurement; requiring the Board of
Directors of WMATA to adopt certain policies and procedures; providing for a
certain contingency; making provisions of this Act severable; and generally relating
to WMATA audits and procurement.

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