Ch. 73

1997 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. 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 or in kind contributions. 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
grantee has until June 1, [1997] 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) 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.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.

Approved April 8, 1997.

CHAPTER 73
(Senate Bill 271)

AN ACT concerning

Charles County - The lzaak Walton League of America - Southern Maryland Outdoor

Education Center Loan of 1995

FOR the purpose of amending Chapter 324 of the Acts of the General Assembly of 1995,
the Charles County - The lzaak Walton League of America - Southern Maryland
Outdoor Education Center Loan of 1995, to extend the time by which the grantee
shall provide evidence of a matching fund.

BY repealing and reenacting, with amendments,

Chapter 324 of the Acts of the General Assembly of 1995

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