J. MILLARD TAWES, Governor                          7

or the resolution of the Commissioners of Finance authorizing the
issuance of ANY 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 pre-
miums realized from the sale, if any, for the cost of issuance, includ-
ing the expense of engraving, printing, advertising, attorney's fees,
and all other incidental expenses connected therewith; and

(b) (A) One Million Five Hundred Thousand Dollars ($1,500,-
000.00) of such proceeds (LESS SO MUCH THEREOF AS MAY
BE NECESSARY, IN ADDITION TO THE PREMIUMS REAL-
IZED FROM THE SALE, IF ANY, FOR THE COST OF ISSU-
ANCE, INCLUDING THE EXPENSE OF ENGRAVING, PRINT-
ING, ADVERTISING, ATTORNEYS' FEES, AND ALL OTHER
INCIDENTAL EXPENSES CONNECTED THEREWITH) shall be
used for the acquisition, by purchase or condemnation or any other
legal means, of land or property in the City of Baltimore, and estab-
lishing thereon or therein, or on or in land or property now or here-
after owned by the Mayor and City Council of Baltimore, new play-
grounds, playfields, recreational centers or recreational buildings,
and for the redesign, development and improvement of park, school
and other properties now or hereafter owned by the Mayor and City
Council of Baltimore for recreational purposes, and for the acquisi-
tion and installation of equipment for any new or redesigned, rede-
veloped or improved playground, playfield, recreational center or
building, and for doing any and all things necessary, proper or
expedient in connection with or pertaining to any or all of the
matters or things hereinbefore mentioned; and

(c) (B) Two Million Three Hundred Thousand Dollars ($2,300,-
000.00) of such proceeds (LESS SO MUCH THEREOF AS MAY
BE NECESSARY, IN ADDITION TO THE PREMIUMS REAL-
IZED FROM THE SALE, IF ANY, FOR THE COST OF ISSU-
ANCE, INCLUDING THE EXPENSE OF ENGRAVING, PRINT-
ING, ADVERTISING, ATTORNEYS' FEES, AND ALL OTHER
INCIDENTAL EXPENSES CONNECTED THEREWITH) shall be
used for the acquisition, construction, reconstruction, installation,
erection, protection, extension, enlargement, renovation or moderni-
zation of, and additions to, public park or recreational buildings,
structures or facilities, including, but not limited to, the zoo located
in Druid Hill Park and the Baltimore Memorial Stadium, fronting on
Thirty-third Street, both of which are located in Baltimore City, and
for the acquisition and installation of equipment for any and all new
facilities authorized to be constructed or erected under the provisions
hereof, and for doing any and all things necessary, proper or expe-
dient in connection with or pertaining to any or all of the matters
or things hereinbefore mentioned; and

(d) The remainder of such proceeds, after providing for the pay-
ment of the items mentioned in sub paragraph (a) hereof and pro-
viding for the purposes mentioned in sub paragraphs (b) and (c)