1766 LAWS OF MARYLAND. [CH. 1013
Governments, such portions of real estate in any project area,
or any rights therein, as are required for public use; and may
sell, lease, transfer and convey for redevelopment in accordance
with the applicable Redevelopment Plan, any portions of the
real estate in such project area, not required for public use, to
one or more persons, firms, and corporations, at prices con-
sistent with the new uses prescribed for such land, but only
after the Board of Estimates has been satisfied as to the finan-
cial and legal ability of each such person, firm and corporation
to carry out the purposes of this Paragraph (13A);
(vii) may petition for and accept from the appropriate
Federal Department, the State of Maryland, the Mayor and
City Council of Baltimore, or any other source or agency, loans
or grants of money for the preparation of Redevelopment Plans
and for the acquisition of land and improvements comprising
any Redevelopment Area;
(viii) shall require in any sale or lease of land to any private
corporation, firm or person, provisions obligating the pur-
chasers or lessees of such land -to begin the building or im-
provements within a reasonable period of time, and appro-
priate covenants and restrictions in the contract of sale or
lease to maintain the standards of population density, property
maintenance, type of land use and other standards established
as above provided, and such covenants and restrictions shall
be made binding on any subsequent transferee, purchaser,
lessee, or other successor in interest.
(d) The Commission shall have no power to use the faith
and credit of Baltimore City or State of Maryland in acquiring
land either by purchase, lease or condemnation and shall not
have or exercise any taxing power.
(e) No member of the Commission on City Plan or the Balti-
more Redevelopment Commission and no employee of either
Commission shall be or become interested in any way in any
of the properties acquired, or in any of the corporations, firms
or persons who undertake the redevelopment of any area under
the authority of this paragraph.
SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1945.
Approved May 4, 1945.
CHAPTER 1013.
(House Bill 392)
AN ACT to add two new sections to Article 2 of the Code of
Public Local Laws of Maryland (1930 Edition), title "Anne
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