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Session Laws, 1962 (Special Session 1), House and Senate Journals
Volume 649, Page 124   View pdf image (33K)
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124 JOURNAL OF PROCEEDINGS [March 9

of selling said bonds at public sale; empowering said County, subject
to certain limitations to sell said bonds at, above or below the par value
thereof; empowering said County to refund any of said bonds pur-
chased or redeemed in advance of maturity; empowering and directing
said County to contract to levy and to levy, impose and collect annually
ad valorem taxes which will provide funds sufficient for the payment
of said maturing principal and interest, exempting said bonds and said
refunding bonds and the interest thereon from all State, County and
Municipal taxation in the State of Maryland. "

Which was read the first time and referred to the Committee on Rules.

House Bill No. 6—By Mr. Mandel:

A Bill entitled "An Act to repeal and re-enact, with amendments,
section 2 of Chapter 207 of the Laws of Maryland of 1961, which Act
authorized the Mayor and City Council of Baltimore to borrow $2, 150, -
000. 00 and to use the same to establish, construct and equip an incinerator
or reduction plant, authorizing said municipality or the Commissioners
of Finance thereof to determine the rate or rates of interest to be paid
in connection with such borrowed money and the form or forms of
certificates of indebtedness to be issued representing such debt, and
clarifying certain language used in said section; to repeal and re-enact,
with amendments, Section 2 of Chapter 208 of the Laws of Maryland
of 1961, which Act authorized the Mayor and City Council of Baltimore
to borrow $18, 500, 000. 00 and to use the same to extend, enlarge, de-
velop and improve the municipal water supply and water system of
Baltimore City, authorizing said municipality or the Commissioners of
Finance thereof to determine the rate or rates of interest to be paid
in connection with such borrowed money and the form or forms of
certificates of indebtedness to be issued representing such debt, and
clarifying certain language used in said Section; to repeal and re-enact,
with amendments, Section 2 of Chapter 209 of the Laws of Maryland
of 1961, which Act authorized the Mayor and City Council of Baltimore
to borrow $5, 000, 000. 00 and to use the same to extend, enlarge, develop
and improve the Friendship International Airport, authorizing said
municipality or the Commissioners of Finance thereof to determine
the rate or rates of interest to be paid in connection with such borrowed
money and the form or forms of certificates of indebtedness to be issued
representing such debt, and clarifying certain language used in said
Section; to repeal and re-enact, with amendments, Section 2 of Chapter

210 of the Laws of Maryland of 1961, which Act authorized the Mayor
and City Council of Baltimore to borrow $3, 000, 000. 00 and to use the
same to establish, construct and equip a rehabilitation center for alcoholics
and indigents and a detention building for women, authorizing said
municipality or the Commissioners of Finance thereof to determine the
rate or rates of interest to be paid in connection with such borrowed
money and the form or forms of certificates of indebtedness to be issued
representing such debt, and clarifying certain language used in said
Section; to repeal and re-enact, with amendments, Section 2 of Chapter

211 of the Laws of Maryland of 1961, which Act authorized the Mayor
and City Council of Baltimore to borrow $1, 500, 000. 00 and to use the
same to enlarge, extend and improve the Municipal Conduit System
of the Mayor and City Council of Baltimore, authorizing said munici-
pality or the Commissioners of Finance thereof to determine the rate
or rates of interest to be paid in connection with such borrowed money
and the form or forms of certificates of indebtedness to be issued repre-


 

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Session Laws, 1962 (Special Session 1), House and Senate Journals
Volume 649, Page 124   View pdf image (33K)
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