34 LAWS OF MARYLAND [CH. 12
Whereas, Provident Hospital, a non-profit general hospital located
in the City of Baltimore, for a long period of time has been rendering
valuable medical services and aid to a large portion of the population
of the Baltimore metropolitan area; and
Whereas, the physical plant and facilities of the Provident Hospital
are not only antiquated and badly in need of repair, but such plant
and facilities are inadequate, both as to space and design, to cope with
the volume and level of services and help which such Hospital is now
being called upon to perform; and
Whereas, in order to make provision for adequate and proper
hospital facilities to serve the aforementioned portion of the popula-
tion of the Baltimore metropolitan area, it will be necessary to estab-
lish a new hospital building and facilities in the City of Baltimore for
such purposes; and
Whereas, it is contemplated that the State of Maryland, acting
through its duly constituted representatives and officers, will pro-
vide the sum of approximately Two Million Four Hundred Thousand
Dollars ($2, 400, 000. 00) to be used for or in connection with the
establishment of the aforesaid new hospital building and facilities,
provided that the Mayor and City Council of Baltimore also provides
an additional sum of approximately Two Million Four Hundred
Thousand Dollars ($2, 400, 000. 00) to be used for or in connection with
the same purpose; now, therefore,
SECTION 1. Be it enacted by the General Assembly of Maryland,
That:
(a) The Mayor and City Council of Baltimore be and it is hereby
authorized to create a debt, and to issue and sell its certificates of in-
debtedness (hereafter called "bonds") as evidence thereof, to an
amount not exceeding Two Million Four Hundred Thousand Dollars
($2, 400, 000. 00), the proceeds derived from the sale thereof to be
used for the purposes hereinafter mentioned, but said debt shall not
be created and said bonds shall not be issued in whole or in part un-
less an ordinance or ordinances of the Mayor and City Council of
Baltimore providing for the issuance thereof shall be first 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 major-
ity of the votes cast at such time and place, all as required by Section
7 of Article XI of the Constitution of Maryland; and the Mayor and
City Council of Baltimore, in submitting any ordinance or ordi-
nances for the issuance of said bonds, 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.
(b) The Mayor and City Council of Baltimore may submit, by one
ordinance, the whole of the debt authorized by this Act to the legal
voters of Baltimore City at one time, or it may, by one or more sepa-
rate ordinances, submit a part thereof to the legal voters of said city
at different times.
(c) All of said bonds, or any part thereof, shall be issued in accord-
ance with a serial maturity plan so worked out as to discharge the
entire principal amount represented thereby within not more than
forty (40) years from the date of their issuance; provided, however,
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