J. MILLARD TAWES, GOVERNOR                           1487

c)   The municipality may temporarily operate and maintain real
property acquired by it in an urban renewal area for or in connec-
tion with an urban renewal project pending the disposition of the
property as authorized in this Article, without regard to the pro-
visions of subsection (a) above, for such uses and purposes as may
be deemed desirable even though not in conformity with the urban
renewal plan.

d)   Any instrument executed by the municipality and purporting
to convey any right, title or interest in any property under this Ar-
ticle shall be conclusively presumed to have been executed in com-
pliance with the provisions of this Article insofar as title or other
interest of any bona fide purchasers, lessees or transferees of such
property is concerned.

Section 7. Eminent Domain

Condemnation of land or property under the provisions of this
Article shall be in accordance with the procedure provided in Article
33A of the Annotated Code of Maryland (1957 Edition, as amended)
and acts amendatory thereof or supplementary thereto.

Section 8. Encouragement of Private Enterprise

The municipality, to the greatest extent it determines to be feasible
in carrying out the provisions of this Article, shall afford maximum
opportunity, consistent with the sound needs of the municipality as
a whole, to the rehabilitation or redevelopment of any urban renewal
area by private enterprise. The municipality shall give consideration
to this objective in exercising its powers under this Article.

Section 9. General Obligation Bonds

For the purpose of financing and carrying out of an urban renewal
project and related activities, the municipality may issue and sell its
general obligation bonds. Any bonds issued by the municipality
pursuant to this section shall be issued in the manner and within the
limitations prescribed by applicable law for the issuance and author-
ization of general obligation bonds by such municipality, and also
within such limitations as shall be determined by said municipality.

Section 10. Revenue Bonds

In addition to the authority conferred by Section 9 of this Article,
the municipality shall have the power to issue revenue bonds to
finance the undertaking of any urban renewal project and related
activities, and shall also have power to issue refunding bonds for
the payment or retirement of such bonds previously issued by it.
Such bonds shall be made payable, as to both principal and interest,
solely from the income, proceeds, revenues, and funds of the munic-
ipality derived from or held in connection with its undertaking and
carrying out of urban renewal projects under this Article: Provided,
however, that payment of such bonds, both as to principal and
interest, may be further secured by a pledge of any loan, grant or
contribution from the Federal Government or other source, in aid of
any urban renewal projects of the municipality under this Article,
and by a mortgage of any such urban renewal projects, or any part
thereof, title to which is in the municipality. In addition, the
municipality may enter into an Indenture of Trust with any private