62 LAWS OF MARYLAND. [CH. 48

WHEREAS, it now appears that Six Million Dollars
($6,000,000.00) is not sufficient to enable the Mayor and
City Council of Baltimore to complete its airport program
and that it is necessary that the Mayor and City Council
of Baltimore borrow additional funds in order to finish
its airport program; therefore

SECTION 1. Be it enacted by the General Assembly of Maryland,
That the Mayor and City Council of Baltimore be and it
is hereby authorized to issue the certificates of indebted-
ness of said corporation to an amount not exceeding Six
Million Dollars ($6,000,000.00), the said certificates of
indebtedness to be issued from time to time and for such
amounts, and payable at such periods, and to bear such
rate or rates of interest, all as the Mayor and City Council
of Baltimore shall by ordinance or ordinances from time
to time provide; but said certificates of indebtedness shall
not be issued in whole or in part unless an ordinance or
ordinances of the Mayor and City Council of Baltimore
providing for the issuance thereof shall be submitted to
the legal voters of Baltimore City at such time and place
as may be fixed by said ordinance or ordinances and be
approved by a majority of the votes cast at such time and
place as required by Section 7 of Article 11 of the Consti-
tution of Maryland; and the Mayor and City Council of
Baltimore, in submitting any ordinance or ordinances for
the issuance of said certificates of indebtedness, or any
part thereof, to the legal voters of Baltimore City, may
submit and resubmit the same at any municipal election
as well as at any general election to be held in Baltimore
City.

SEC. 2. And be it further enacted, That the proceeds
of sale of the certificates of indebtedness hereby author-
ized to be issued, not exceeding the par value thereof, shall
be used for the acquisition, by purchase or condemnation,
of land or property in the City of Baltimore and/or in
any county or counties in the State of Maryland for airport
purposes, and for establishing, constructing and/or equip-
ping an airport or airports on said land or property, or
on any land or property now or hereafter owned or con-
trolled by the Mayor and City Council of Baltimore, for
public purposes, and for doing any and all things necessary
in connection therewith or pertaining thereto.

SEC. 3. And be it further enacted, That the Mayor and
City Council of Baltimore may, by ordinance or ordinances,
authorize the issuance of said certificates of indebtedness
in series maturing at stated periods, and may make payable