THEODORE R. MCKELDIN, GOVERNOR 37

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, including the municipal election to be held on the first
Tuesday after the first Monday in May, 1951.

SEC. 2. And be it further enacted, That the proceeds of
sale of said certificates of indebtedness hereby authorized
to be issued, not exceeding the par value thereof, shall be
used for the acquisition, by purchase, condemnation or any
other legal means, of land or property, or any rights
therein, in the City of Baltimore, and constructing and
erecting on said land or property, or on any land or prop-
erty now or hereafter owned by the Mayor and City
Council of Baltimore, new school buildings, athletic and
other auxiliary facilities, and for additions and improve-
ments to, or the modernization or reconstruction of, exist-
ing school buildings or facilities, and for equipment for
any and all new facilities authorized to be constructed or
erected by the provisions hereof, and for architectural or
engineering services or surveys, and any other activities
relating to planning for the purposes above mentioned or
relating to planning for future projects of the same general
character which may be constructed out of future loans.

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 pay-
able annually a portion of the principal of said certificates
of indebtedness, and any portion or all of said certificates
of indebtedness may or may not be registered, and said
certificates of indebtedness, or any portion thereof, may or
may not have interest coupons attached, all as may be pro-
vided by or under the authority of said ordinance or ordi-
nances, and said certificates of indebtedness, when issued,
shall bear interest at such rate or rates as may be provided
by or under the authority of said ordinance or ordinances.
If said certificates of indebtedness are issued in series
maturing at stated periods, and a portion of the principal