J. MILLARD TAWES, Governor                       1063

the provisions of the urban renewal plan, is to be transferred, shall
be transferred as rapidly as feasible in the public interest consistent
with the carrying out of the provisions of the urban renewal plan.
Any contract for such transfer and the urban renewal plan (or such
part or parts of such contract or plan as the municipality may deter-
mine) may be recorded in the Land Records of the county in which
the municipality is situated in such manner as to afford actual or
constructive notice thereof.

(b)   The municipality may dispose of real property in an urban
renewal area to private persons only under such reasonable com-
petitive bidding procedures as it shall prescribe or as hereinafter
provided in this subsection. The municipality may, by public notice
by publication in a newspaper having a general circulation in the
community (not less than sixty days prior to the execution of any
contract to sell, lease or otherwise transfer real property and prior
to the delivery of any instrument of conveyance with respect thereto
under the provisions of this section) invite proposals from and make
available all pertinent information to private redevelopers or any
persons interested in undertaking to redevelop or rehabilitate an
urban renewal area, or any part thereof. Such notice shall identify
the area, or portion thereof, and shall state that proposals shall be
made by those interested within a specified period of not less than
sixty days after the first day of publication of said notice, and that
such further information as is available may be obtained at such
office as shall be designated in said notice. The municipality shall
consider all such redevelopment or rehabilitation proposals and the
financial and legal ability of the persons making such proposal to
carry them out, and may negotiate with any persons for proposals
for the purchase, lease or other transfer of any real property acquired
by the municipality in the urban renewal area. The municipality
may accept such proposal as it deems to be in the public interest and
in furtherance of the purposes of this subheading. Thereafter, the
municipality may execute and deliver contracts, deeds, leases and
other instruments and take all steps necessary to effectuate such
transfers.

(c)  The municipality may temporarily operate and maintain real
property acquired by it in an urban renewal area for or in connection
with an urban renewal project pending the disposition of the prop-
erty as authorized in this subheading, without regard to the pro-
visions 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 municipality and purporting
to convey any right, title or interest in any property under this sub-
heading 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.

7. Eminent Domain.

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.