1524                             Laws of Maryland                      [Ch. 842

tracts, deeds, leases and other instruments and take all steps necessary
to effectuate such transfers.

(c)    The municipality may temporarily operate and maintain
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 XII-A, without regard to the
provisions 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
Article XII-A shall be conclusive CONCLUSIVELY presumed to have
been executed in compliance with the provisions of this Article XII-A
insofar as title or other interest of any bona fide purchasers, lessees
or transferees of such property is concerned.

Section 422-G. Eminent Domain.

Condemnation of land or property under the provisions of this
Article XII-A 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-;
except that for the purpose of relocating, opening, widening and

closing of streets, alleys and public highways, the additional pro-

cedure set forth in Article XIV of the Charter of the municipality

is authorized and may be used instead.

Section 422-H. Encouragement of Private Enterprise.

The municipality, to the greatest extent it determines to be feasi-
ble in carrying out the provisions of this Article XII-A, shall afford
maximum opportunity, consistent with the sound needs of the mu-
nicipality 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 XII-A.

Section 422-I. General Obligation Bonds.

For the purpose of financing and carrying out of an urban re-
newal project and related activities, the municipality may issue and
sell its general obligation bonds. Any bonds issued by the munici-
pality pursuant to this section shall be issued in the manner and
within the limitations prescribed by applicable law for the issuance
and authorization of general obligation bonds by such municipality,
and also within such limitations as shall be determined by said mu-
nicipality. Bonds issued under the provisions of this Section are
declared to be issued for an essential public and governmental pur-
pose and, together with interest thereon and income therefrom, shall
be exempted from all taxes.

Section 422-J. Revenue Bonds.

(1) In addition to the authority conferred by Section 422-I of this
Article XII-A, the municipality shall have power to issue and sell
revenue bonds to finance the undertaking of any urban renewal