THEODORE R. MCKELDIN, GOVERNOR 969

ing "Land Development and Redevelopment", authorizing
the Mayor and City Council of Baltimore to issue certain
types of bonds, notes or other obligations upon certain
terms and conditions, in connection with financing land
development and redevelopment undertakings of said
municipality, without submitting the question of any such
issuance to the legal voters of Baltimore City for ap-
proval or disapproval, and to confer upon the Board of
Estimates of said municipality certain powers in con-
nection therewith.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Sub-paragraph (e) of Paragraph (14A)
of Section 6 of Article 4 of the Code of Public Local Laws
of Maryland and the Baltimore City Charter (1949 Edi-
tion), title "Baltimore City", sub-title "General Powers",
sub-heading "Land Development and Redevelopment", be
and it is hereby repealed and re-enacted, with amendments,
to read as follows:

(e) To petition for, and accept from, the United States of
America, or the State of Maryland, or any department or
agency thereof, or any other source, any loan, grant or aid
of any character and, upon the sole approval of the Board
of Estimates, make and execute any contract or other legal
instrument with any of said parties, in connection with any
and all of the purposes and objects mentioned in or con-
templated by the provisions of this Paragraph (14A); and,
in order to enable the Mayor and City Council of Baltimore
to obtain such financial assistance from the United States
of America, or the State of Maryland, or any department
or agency thereof, or any other source, as may be available
from time to time, for assisting said municipality in carry-
ing out the purposes and objects mentioned in or contem-
plated by the provisions of this Paragraph (HA), in addi-
tion to its general and special powers, to borrow money to
finance undertakings for the accomplishment of the pur-
poses and objects mentioned in or contemplated by the pro-
visions of this Paragraph (14A) and in connection there-
with to issue bonds, notes or other obligations (including
refunding bonds, notes or other obligations), all of which
shall be fully negotiable, payable, as to both principal and
interest, solely from, and secured solely by a pledge of and
lien upon either or both of the following (a) and (b):
(a) any or all of the income, receipts, proceeds, revenues,
and funds derived from, or available or to be made avail-
able for, any undertakings for the accomplishment of the
purposes and objects mentioned in or contemplated by the
provisions of this Paragraph (HA), including, but not