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.

(c) The grantee shall present evidence to the satisfaction of the Board of
Public Works of the provision and expenditure of the matching fund, and the Board of
Public Works shall disburse the proceeds of the grant under the provisions of this Act
for the purposes set forth in Section 1(3) above, both to be done in installments.

(d) As the grantee provides and expends an installment of the matching
fund, which shall be equal to at least 25% of the grant amount authorized in Section
1(1) above, the Board of Public Works shall disburse an installment of the proceeds of
the grant equal to the portion of the matching fund presented at that time by the
grantee.

(e) This method of presentation of the matching fund in installments and
of the disbursement of the proceeds of the loan in installments that are equal to each
presentation of the matching fund shall continue until the first to occur of the
disbursement of the total amount of the grant or June 1, 2001.

(f) The grantee has until June 1, 2001, to present the final evidence
satisfactory to the Board of Public Works that the total matching fund will be
provided. If satisfactory evidence is presented, the Board shall certify this fact, the
amount of the final installment of the matching fund, and the amount of the total
matching fund to the State Treasurer, and the final proceeds of the loan equal to the
final installment of the matching fund shall be expended for the purposes provided in
this Act. After June 1, 2001, 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, 1999.