692 LAWS OF MARYLAND [CH. 368

shall be and remain exempt from all State, County and
municipal taxation of any kind and nature whatsoever in
the State of Maryland.

SEC. 5. And be it further enacted, That in order to
provide for the payment of the principal and interest of
said bonds as and when the same respectively mature and
are payable, the City shall, in each year that any of said
bonds are outstanding, levy upon all property subject to
assessment for taxation within the corporate limits of the
City, ad valorem taxes sufficient in rate and amount to pro-
vide the moneys necessary to pay said principal and in-
terest when due. Said taxes shall be levied without regard
to any present or future limitations on the powers of taxa-
tion of the City and shall have the same priority and lien
and shall be levied and collected in the same manner as
other City taxes and the payment thereof shall be enforced
in the same manner as payment of such other City taxes
are enforced.

SEC. 6. And be it further enacted, That the City is hereby
authorized and empowered to accept from any Federal or
State Agency, grants for or in aid of any of the projects
listed in Section 1 hereof, and to make such contracts con-
taining such terms, provisions and conditions as in the
discretion of said City may seem necessary, proper or ad-
visable for the purpose of obtaining or securing such grants
or financial assistance from any such Federal or State
Agency willing to extend the same in furtherance of any
of the purposes of this Act.

SEC. 7. And be it further enacted, That any and all laws
or parts of laws or any part or parts of the Charter of the
City conflicting in any way herewith are hereby repealed,
with respect to the authority hereby granted, to the ex-
tent of such conflict, and, except as herein provided, none
of the limitations or restrictions on the powers of the City
to borrow money, to levy taxes or to issue and sell bonds,
contained in its Charter or in any other law which limits,
restricts or affects the powers herein granted, shall be
applicable hereto.

SEC. 8. And be it further enacted, That this Act shall
take effect from the date of its passage TAKE EFFECT
ON JUNE 1, 1953.

Approved April 6, 1953.