1660                             LAWS OF MARYLAND                        [CH. 791

an urban renewal project pending the disposition of the property as
authorized in this subheading, 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 Board and purporting to con-
vey any right, title or interest in any property under this subheading
shall be conclusively presumed to have been executed in compliance
with the provisions of this subheading insofar as title or other interest
of any bona fide purchaser, lessees or transferees of such property is
concerned.

21A.

8.   Condemnation of land or property under the provisions of this
subheading 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.

21A.

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

21A.

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

21A.
11.

(a) In addition to the authority conferred by Section 9 of this
subheading, the County 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 County derived
from or held in connection with its undertaking and carrying out of
urban renewal projects under this subheading; 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 County under this subheading, and by a mortgage of
any such urban renewal projects, or any part thereof, title to which
is in the County. In addition, the County may enter into an Indenture
of Trust with any private banking institution of this State having
trust powers and may make in such indenture of trust such covenants