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Session Laws, 1962 (Special Session 1), House and Senate Journals
Volume 649, Page 17   View pdf image (33K)
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J. MILLARD TAWES, Governor 17

ing certain language used in said Section; to repeal and re-enact,
with amendments, Section 2 of Chapter 214 of the Laws of
Maryland of 1961, which Act authorized the Mayor and City
Council of Baltimore to borrow $12, 000, 000. 00 and to use the
same to enlarge, extend and improve the sanitary sewerage and
storm water drainage systems 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 clarify-
ing certain language used in said Section; to repeal and re-enact,
with amendments, Section 2 of Chapter 215 of the Laws of
Maryland of 1961, which Act authorized the Mayor and City
Council of Baltimore to borrow $1, 350, 000. 00 and to use $300, -
000. 00 thereof to establish and equip new playgrounds, play-
fields, recreational centers or recreational buildings and to develop,
improve and equip park, school and other property for recrea-
tional purposes, and to use the balance of said loan funds to
acquire, construct, reconstruct, extend, enlarge, renovate and
modernize public park or recreational buildings, structures, fa-
cilities or utilities, including the Druid Hill Park Zoo and the
Baltimore Memorial Stadium, 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 lan-
guage used in said Section; to repeal and re-enact, with amend-
ments, Section 2 of Chapter 376 of the Laws of Maryland of
1961, which Act authorized the Mayor and City Council of Bal-
timore to borrow $2, 000, 000. 00 and to use the same to establish,
construct and equip buildings 'and structures to be used by or
for the Baltimore Urban Renewal and Housing Agency, the
Department of Welfare and a Central Garage, respectively, au-
thorizing 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; and
relating generally to the rate or rates of interest to be paid by
the Mayor and City Council of Baltimore in connection with
money borrowed by it, and to the powers of the Mayor and City
Council of Baltimore and the Commissioners of Finance thereof
relative to the certificates of indebtedness which may be issued
by said municipality in connection with such borrowed funds,
under and pursuant to the terms and provisions of the afore-
mentioned Acts of the General Assembly of Maryland.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 2 of Chapter 207 of the Laws of Maryland of 1961
be and the same is hereby repealed and re-enacted, with amend-
ments, to read as follows:

2.

That the Mayor and City Council of Baltimore be and it is
hereby [(i)] authorized, in the ordinance or ordinances to be sub-
mitted to the legal voters of Baltimore City, from time to time,


 

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Session Laws, 1962 (Special Session 1), House and Senate Journals
Volume 649, Page 17   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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