Baltimore City which buildings or structures are to be used
or occupied for commercial purposes.

(e) Any and all financial loans made by the Mayor and
City Council of Baltimore; any and all guarantees or insur-
ance commitments made by the Mayor and City Council of
Baltimore in connection with any of said loans; and any and
all money used or expended by the Mayor and City Council
of Baltimore in connection with said loans, guarantees, or
insurance commitments, pursuant to the power and author-
ity hereinabove vested in the municipality, and any and all
acts performed by the Mayor and City Council of Baltimore
in connection with any powe^s which may be granted to the
Mayor and City Council of Baltimore pursuant to this
Article, are all hereby declared to be needed, contracted foe,
expended or exercised for a public use.

(f) In the event of any conflict between the provisions
of this Article and those of Article XI, Section 7, of the
Constitution of Maryland, or any other provisions of said
Constitution, then the provisions of this Article shall
control.

2. The General Assembly of Maryland may grant to the
Mayor and City Council of Baltimore any and all additional
power and authority necessary or proper to carry into full
force and effect any and all of the specific powers which
the General Assembly is authorized to grant to the Mayor
and City Council of Baltimore pursuant to this Article, and
to fully accomplish any and all of the purposes and objects
contemplated by the provisions of this Article, provided
such additional power or authority is not inconsistent with
the terms and provisions of this Article or with any other
provision or provisions of the Constitution of Maryland,
except as provided in this Article. The General Assembly
may place such other and further restrictions or limitations
on the exercise of any of the powers which it may grant to
the Mayor and City Council of Baltimore under the pro-
visions of this Article as it may deem proper and expedient.

ARTICLE XI-H.200

crrr of Baltimore—residential

FINANCING LOANS.

1. The General Assembly of Maryland, by public local
law, may authorize the Mayor and City Council of
Baltimore:

(a) To make or contract to make financial loans to any
person or other legal entity to be used for or in connection
with the purchase, acquisition, construction, erection or
development of buildings or structures, including any land
necessary therefor, within the boundaries of Baltimore City,
which buildings or structures are to be used or occupied for
residential piuposes.

(b) To guarantee or insure financial loans made by third
parties to any person or other legal entity which are to be
used for or in connection with the purchase, acquisition,
construction, erection or development of buildings or
structures, including any land necessary therefor, within the
boundaries of Baltimore City, which buildings or structures
are to be used or occupied for residential purposes.

(c) Any and all financial loans made by the Mayor and
City Council of Baltimore; any and all guarantees or
insurance commitments made by the Mayor and City
Council of Baltimore in connection with any of the loans;
and any and all money used or expended by the Mayor and

200 Added by Chapter 888, Acts of 1974, ratified Nov. 5,1974.
201 Added by Chapter 553, Acts of 1976, ratified Nov. 2,1976.

Constitution of Maryland/671

City Council of Baltimore in connection with the loans,
guarantees, or insurance commitments, pursuant to the
power and authority hereinabove vested in the municipal-
ity and any and all acts performed by the Mayor and City
Council of Baltimore in connection with any powers which
may be granted to the Mayor and City Council of Balti-
more pursuant to this Article, are all declared to be needed,
contracted for, expended or exercised for a public use.

(d) In the event of any conflict between the provisions
of this Article and those of Article XI, Section 7, of the
Constitution of Maryland, or any other provisions of the
Constitution, then the provisions of this Article shall
control.

2. The General Assembly of Maryland may grant to the
Mayor and City Council of Baltimore any and aff additional
power and authority necessary or proper to carry into full
force and effect any and all of the specific powers which
the General Assembly of Maryland is authorized to grant
to the Mayor and City Council of Baltimore pursuant to
this Article, and to fully accomplish any and all of the
purposes and objects contemplated by the provisions of this
Article, provided such additional power or authority is not
inconsistent with the terms and provisions of this Article
or with any other provision or provisions of the Constitu-
tion of Maryland, except as provided in this Article. The
General Assembly may place such other and further restric-
tions or limitations on the exercise of any of the powers
which it may grant to the Mayor and City Council of
Baltimore under the provisions of this Article as it may
deem proper and expedient.

ARTICLE XII.201

crrr of Baltimore—industrial

FINANCING LOANS.

1. The General Assembly of Maryland, by Public Local
Law, may authorize the Mayor and City Council of
Baltimore:

(a) To make or contract to make financial loans to any
person or other legal entity to be used for or in connection
with the purchase, acquisition, construction, reconstruction,
erection, development, redevelopment, rehabilitation, ren-
ovation, modernization or improvement of buildings or
structures, including any land necessary therefor, within the
boundaries of Baltimore City which buildings or structures
are to be used or occupied for industrial purposes.

(b) To guarantee or insure financial loans made by third
parties to any person or other legal entity which are to be
used for or in connection with the purchase, acquisition,
construction, reconstruction, erection, development, rede-
velopment, rehabilitation, renovation, modernization, or
improvement of buildings or structures, including any land
necessary therefor, within the boundaries of Baltimore City
which buildings or structures are to be used or occupied for
industrial purposes.

(c) Any and all financial loans made by the Mayor and
City Council of Baltimore; any and all guarantees or
insurance commitments made by the Mayor and City
Council of Baltimore in connection with any of the loans;
and any and all money used or expended by the Mayor and
City Council of Baltimore in connection with the loans,
guarantees, or insurance commitments, pursuant to the
power and authority hereinabove vested in the municipal-
ity and any and all acts performed by the Mayor and City