PARRIS N. GLENDENING, Governor                            H.B. 991

(2)     The bonds to evidence this loan or installments of this loan may be sold as a
single issue or may be consolidated and sold as part of a single issue of bonds under §
8-122 of the State Finance and Procurement Article.

(3)     The cash proceeds of the sale of the bonds shall be paid to the Treasurer and
first shall be applied to the payment of the expenses of issuing, selling, and delivering the
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 Baltimore City Life Museums for the purpose of the planning, design, site
preparation, construction, and equipping of an Exhibition Center on Museum Row in the
Jonestown neighborhood of Baltimore City to provide areas for educational programs,
comprehensive historical exhibits, and collection storage.

(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, Baltimore City Life Museums shall provide at
least an equal and matching fund of $750,000. 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 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. Baltimore City Life
Museums has until June 1, 1991, to present evidence satisfactory to the Board of Public
Works that the matching fund will be provided. If satisfactory evidence is presented, the
Board shall certify this fact to the State Treasurer and the proceeds of the loan shall be
expended for the purposes provided in this Act. If this evidence is not presented by June
1, 1991, the proceeds of the loan shall be applied to the purposes authorized in § 8-129 of
the State Finance and Procurement Article.

(6)     The Baltimore City Life Museums shall grant and convey a [perpetual]
preservation easement on the exterior and interior of the improvements, where
appropriate, and on the land to the Maryland Historical Trust, in form and substance
acceptable to the Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1996 is an emergency measure, is necessary for the immediate preservation of the
public health and safety, has been passed by a yea and nay vote supported by three-fifths
of all the members elected to each of the two Houses of the General Assembly, and shall
take effect from the date it is enacted.

May 23, 1996

The Honorable Casper R. Taylor, Jr.
Speaker of the House

- 4349 -