234                               Laws of Maryland                       [Ch. 210

and manner of awarding bonds so bid for, including the right when-
ever any of the bonds authorized by this Act are offered for sale and
sold at the same time as other bonds of said corporation, to establish
the conditions for bids and awards and to award all of said bonds on
an all or none basis; and the time, place, terms and manner of settle-
ment for the bonds so bid for.

The ordinance to be submitted to the legal voters of Baltimore
City, or the resolution of the Commissioners of Finance authorizing
the issuance of said bonds, or any portion thereof, as the case may
be, shall set forth in detail the dates when any of the bonds are to
mature and the amount to mature upon such dates.

SEC. 3. And be it further enacted, That the actual cash proceeds
derived from the sale of the bonds authorized to be issued under
the provisions of this Act, not exceeding the par value thereof,
shall be used exclusively for the following purposes, to wit:

(a)     So much thereof as may be necessary, in addition to the
premiums realized from the sale, if any, for the cost of issuance,
including the expense of engraving, printing, advertising, attorney's
fees, and all other incidental expenses connected therewith; and

(b)    The remainder of such proceeds shall be used for extending,
enlarging, developing and improving the Friendship International
Airport, including, but not limited to, the acquisition, by purchase,
condemnation or any other legal means, of land or property, or any
rights therein, located within or outside the boundary lines of Balti-
more City; the construction of new runways and extensions thereto
and extensions to existing runways; the construction or erection of
new buildings or structures; additions and improvements to the
existing service and terminal buildings and other buildings or struc-
tures; equipment for any and all new facilities authorized to be con-
structed or erected by the provisions hereof; the construction and
erection of roads and parking facilities; the construction or paving
of taxiways and ramps or aprons, and doing any and all things neces-
sary, proper or expedient in connection with or pertaining to any
or all of the matters or things hereinbefore mentioned.

Sec. 4. And be it further enacted, That this Act shall take effect
June 1, 1961.

Approved March 28, 1961.

CHAPTER 210

(Senate Bill 234)

AN ACT to authorize the Mayor and City Council of Baltimore to
create a debt, and to issue and sell its certificates of indebtedness
as evidence thereof, to an amount not exceeding three million dol-

Explanation: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.