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RENOVATION, REDEVELOPMENT OR IMPROVEMENT OF BUILDINGS OR
STRUCTURES, LOCATED WITHIN THE BOUNDARIES OF BALTIMORE CITY,
WHICH BUILDINGS OR STRUCTURES ARE TO BE USED OR OCCUPIED FOR
COMMERCIAL PURPOSES.
(D) TO GUARANTEE OR INSURE FINANCIAL LOANS MADE BY
THIRD PARTIES TO ANY PERSON OR OTHER LEGAL ENTITY TO BE USED
FOR OR IN CONNECTION WITH THE PURCHASE OR ACQUISITION OF LEASEHOLD OR FEE
SIMPLE INTERESTS IN BUILDINGS OR STRUCTURES, AND FOR
CONSTRUCTION, RECONSTRUCTION, ERECTION, DEVELOPMENT,
REHABILITATION, RENOVATION, REDEVELOPMENT OR IMPROVEMENT OF
BUILDINGS OR STRUCTURES, LOCATED WITHIN THE BOUNDARIES OF
BALTIMORE CITY, WHICH BUILDINGS OR STRUCTURES ARE TO BE USED
OR OCCUPIED FOR COMMERCIAL PURPOSES.
[(c)] (E) 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 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 authority
hereinabove vested in the municipality, 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 Baltimore pursuant to this Article, are
all hereby declared to be needed, contracted for, expended
or exercised for a public use.
[(d)j (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.
SECTION 2. AND BE IT FURTHER ENACTED, That the General
Assembly determines that the amendment to the Constitution
of Maryland proposed by this Act affects Baltimore City and
that the provisions of Article XIV, Section 1 of the
Constitution concerning local approval of constitutional
amendments apply.
SECTION 3. AND BE IT FURTHER ENACTED, That the
aforegoing section proposed as an amendment to the
Constitution of Maryland shall be submitted to the legal and
qualified voters of this State at the next general election
to be held in November, 1980 for their adoption or rejection
in pursuance of directions contained in Article XIV of the
Constitution of this State. At that general election, the
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