PARRIS N. GLENDENING, Governor

Ch. 212

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 Board of Directors of the Chesapeake Bay Floating Theatre, Inc. for the
planning, design, repair, and renovation of a barge to be used as a floating theater that
will be the setting for theatrical productions at various ports on the Chesapeake Bay and
its tributaries.

(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 Board of Directors of the Chesapeake Bay
Floating Theatre, Inc. 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, 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 Board of Directors of the Chesapeake Bay Floating
Theatre, Inc. has until June 1, [1997] 1999, 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, 1997.

Approved April 29, 1997.

CHAPTER 212
(Senate Bill 902)

AN ACT concerning

Creation of a State Debt - Washington County - Mentally Impaired or Handicapped

Individuals, Inc. (MIHI)

FOR the purpose of authorizing the creation of a State Debt not to exceed $50,000
$35,000, the proceeds to be used as a grant to the Board of Directors of Mentally
Impaired or Handicapped Individuals, Inc. (MIHI) for certain acquisition,
development, or improvement purposes; providing for disbursement of the loan
proceeds, subject to a requirement that the grantee provide and expend a matching

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