Ch. 166 1996 LAWS OF MARYLAND
bonds, unless funds for this purpose are otherwise provided, and then shall be credited on
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 the Baltimore Children's Museum, Inc. (referred to hereafter in this Act as
"the grantee") for the acquisition of real property and for the planning, design,
construction, alteration, and renovation of, for the provision of equipment and
furnishings for, and for the installation of exhibits at, renovation, furnishing, and capital
equipping of the Baltimore Children's Museum, to be located at Market Place in
Baltimore City, adjacent to and including an existing open-air plaza, the grant to include
including expenses incurred by the grantee for:
(a) the preparation of a master plan for the area immediately surrounding
and related to the Children's Museum;
(b) the securing of third party construction, and development and
management of services in connection with the planning, design, construction, alteration,
renovation, equipping, and furnishing of the Children's Museum; and
(c) the planning, design, construction, and purchase of exhibits furnishings.
fixtures, and capital equipment for the Children's Museum.
(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, in kind contributions, or funds expended prior to
the effective date of this Act. or in kind contributions. The fund may consist of funds
expended prior to the effective date of this Act, including grant funds received from the
Mayor and City Council of Baltimore or funds received from private sources, all of which
the grantee has expended for uses permitted under this Act or for other costs and
expenses incurred by the grantee in the planning, design, construction, alteration.
renovation, furnishing, and equipping of the Children's Museum, and in the planning.
design, acquisition, fabrication, and installation of exhibits to be displayed in the
Children's Museum. 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. 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) As provided in § 8-127(b)(1)(ii)(i) of the State Finance and
Procurement Article, the grantee may expend the proceeds of the grant for expenses
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