J. MILLARD TAWES, GOVERNOR                           1543

part or parts of such contract or plan as the municipality may de-
termine) may be recorded in the Land Records of the county in which
the municipality is situated in such manner as to afford actual or
constructive notice thereof.

(b)   The municipality may dispose of real property in an urban
renewal area to private persons only under such reasonable competi-
tive bidding procedures as it shall prescribe or as hereinafter provided
in this subsection. The municipality may, by public notice by publica-
tion in a newspaper having a general circulation in the community
(not less than sixty days prior to the execution of any contract to sell,
lease or otherwise transfer real property and prior to the delivery of
any instrument of conveyance with respect thereto under the provi-
sions of this section) invite proposals from and make available all
pertinent information to private redevelopers or any persons inter-
ested in undertaking to redevelop or rehabilitate an urban renewal
area, or any part thereof. Such notice shall identify the area, or
portion thereof, and shall state that proposals shall be made by
those interested within a specified period of not less than sixty days
after the first date of publication of said notice, and that such further
information as is available may be obtained at such office as shall be
designated in said notice. The municipality shall consider all such
redevelopment or rehabilitation proposals and the financial and legal
ability of the persons making such proposals to carry them out, and
may negotiate with any persons for proposals for the purchase, lease
or other transfer of any real property acquired by the municipality
in the urban renewal area. The municipality may accept such proposal
as it deems to be in the public interest and in furtherance of the
purposes of this Article. Thereafter, the municipality may execute
and deliver contracts, deeds, leases and other instruments and take
all steps necessary to effectuate such transfers.

(c)   The municipality may temporarily operate and maintain real
property acquired by it in an urban renewal area for or in connection
with an urban renewal project pending the disposition of the property
as authorized in this Article, without regard to the provisions of sub-
section (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 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.

Sub-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.

Sub-Section 8. Encouragement of Private Enterprise

The municipality, to the greatest extent it determines to be fea-
sible in carrying out the provisions of this Article, shall afford maxi-
mum opportunity, consistent with the sound needs of the munic-
ipality as a whole, to the rehabilitation or redevelopment of any