including streets, curbs, and gutters, the provision of capital equipment, landscaping,
and the planning, design, and construction of an urban park and a community
resource center.

(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. 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 grantee has until June 1, [1999] 2001, 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, 1999.

Approved May 13, 1999.

CHAPTER 508
(Senate Bill 780)

AN ACT concerning

i

Prince George's County - Town of Fairmount Heights - Sheriff Road
Revitalization Project Loan of 1997

FOR the purpose of amending Chapter 269 of the Acts of the General Assembly of
1997, the Prince George's County - Town of Fairmount Heights - Sheriff Road
Revitalization Project Loan of 1997, to extend the time by which the recipient
shall provide the matching funds.

BY repealing and reenacting, with amendments,

Chapter 269 of the Acts of the General Assembly of 1997
Section 1