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Session Laws, 1961
Volume 654, Page 238   View pdf image (33K)
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238                              Laws of Maryland                       [Ch. 211

CHAPTER 211

(Senate Bill 235)

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 one million five
hundred thousand dollars ($1,500,000.00), the proceeds derived from
the sale of the certificates of indebtedness to be used for the purpose
of enlarging, extending and improving the municipal conduit sys-
tem of the Mayor and City Council of Baltimore, including the
acquisition, by purchase or condemnation, of existing conduit sys-
tems, and of any and all land and property, and of any right,
interest, franchise, easement or privilege therein, as may be neces-
sary for the enlargement, extension and improvement of said
municipal conduit system, the acquisition of all such existing con-
duit systems, land, property, rights, interest, franchises, easements
and privileges, including such as are devoted to public or quasi
public use, being hereby expressly authorized; authorizing said
municipality to submit an ordinance or ordinances for said purpose
to the legal voters of Baltimore City, and providing generally for
the issuance and sale of said certificates of indebtedness.

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
indebtedness (hereafter called "bonds") as evidence thereof, to an
amount not exceeding One Million Five Hundred Thousand
Dollars ($1,500,000.00), the proceeds derived from the sale thereof
to be used for the purposes hereinafter mentioned, but said bonds
shall not be issued in whole or in part unless an ordinance or ordi-
nances of the Mayor and City Council of Baltimore providing for the
issuance thereof shall be first submitted to the legal voters of Balti-
more City at such time and place as may be fixed by said ordinance
or ordinances and be approved by a majority 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 Balti-
more, in submitting any ordinance or ordinances 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
separate ordinances, submit a part thereof to the legal voters of said
city at different times; and any ordinance or ordinances submitting
the whole or any part of such debt to the legal voters of Baltimore
City shall provide for the expenditure of the proceeds thereof in
accordance with the provisions of the Charter of the Mayor and City
Council of Baltimore, and by the municipal agency designated in the

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.

 

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Session Laws, 1961
Volume 654, Page 238   View pdf image (33K)
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