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Session Laws, 1965
Volume 676, Page 951   View pdf image (33K)
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J. MILLARD TAWES, Governor                        951

SEC. 2. AND BE IT FURTHER ENACTED, THAT THIS ACT
IS HEREBY DECLARED TO BE AN EMERGENCY MEASURE
AND EXISTS FOR THE IMMEDIATE PRESERVATION OF
THE PUBLIC HEALTH AND SAFETY AND HAVING BEEN
PASSED BY A YEA AND NAY VOTE SUPPORTED BY THREE-
FIFTHS OF ALL THE MEMBERS ELECTED TO EACH OF THE
TWO HOUSES OF THE GENERAL ASSEMBLY, THE SAME
TO TAKE EFFECT FROM THE DATE OF ITS PASSAGE.

Approved May 4, 1965.

CHAPTER 687
(Senate Bill 365)

AN ACT to propose an amendment to Section 7 of Article XI of the
Constitution of Maryland, title "City of Baltimore", relating to the
manner in which, and the procedure to be followed by, the Mayor
and City Council of Baltimore in connection with the creation of
a debt or credit by it, and providing for the submission of this
amendment to the legally qualified voters of the State of Maryland
for their adoption or rejection.

Section 1. Be it enacted by the General Assembly of Maryland,
(three-fifths of all the members elected to each of the two Houses
concurring), That the following section be and the same is hereby
proposed as an amendment to Section 7 of Article XI of the Con-
stitution of the State of Maryland, title "City of Baltimore", the
same, if adopted by the legally qualified voters of the State, as herein
provided, to become a part of the Constitution of the State of
Maryland:

7.

From and after the adoption of this Constitution, no BONDED
debt (except as hereinafter excepted), shall be created by the Mayor
and City Council of Baltimore [; nor shall the credit of the Mayor
and City Council of Baltimore be given, or loaned to, or in aid of any
individual, association, or corporation; nor shall the Mayor and City
Council of Baltimore have the power to involve the City of Baltimore
in the construction of works of internal improvement, nor in grant-
ing any aid thereto, which shall involve the faith and credit of the
city, nor make any appropriation therefor,] unless such BONDED
debt [or credit] be authorized by fan Act of the General Assembly
of Maryland, and by] an ordinance of the Mayor and City Council
of Baltimore, submitted to the legal voters of the City of Baltimore, at
such time and place as may be fixed by said ordinance, and approved
by a majority of the votes cast at such time and place; such ordinance
shall provide for the discharge of any such debt or credit within the
period of forty (40) years from the time of contracting the same;
provided, however, that the authority hereinabove granted shall be

subject to such general limitations as the General Assembly, from

time to time, may adopt; and provided further that nothing contained
herein shall in any manner prohibit the Mayor and City Council
of Baltimore from creating any debt to the State of Maryland which


 

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Session Laws, 1965
Volume 676, Page 951   View pdf image (33K)
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