J. MILLARD TAWES, Governor                       125

the issuance 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)    The remainder of such proceeds shall be used for the ac-
quisition, by purchase, condemnation or any other legal means, of
land or property, or any rights therein, in the City of Baltimore,
and constructing and erecting on said land or property, or on any
land or property now or hereafter owned by the Mayor and City
Council of Baltimore, new school buildings, athletic and other auxil-
iary facilities, and for additions and improvements to, or the modern-
ization or reconstruction of, existing school buildings or facilities,
and for equipment for any and all new facilities authorized to be
constructed or erected by the provisions hereof, and for architec-
tural or engineering services or surveys, and any other activities re-
lating to planning for the purposes above mentioned or relating to
planning for future projects of the same general character which
may be constructed out of future loans.

Sec. 4. And be it further enacted, That in the expenditure of
the proceeds of sale of said bonds, the Mayor and City Council of
Baltimore shall observe the following conditions:

(a)    Subject to the provisions of the Charter of Baltimore City
relating to the Planning Commission, the Board of School Commis-
sioners of Baltimore City shall have the authority to select sites for
the construction of the new school buildings hereby authorized;

(b)    All plans and specifications for the construction or recon-
struction of school buildings, or for additions or improvements to
school buildings, to be financed out of the proceeds derived from
the sale of the bonds herein authorized to be issued, shall be subject
to the approval of said Board of School Commissioners prior to final
acceptance of such plans and specifications, and the endorsement of
approval by said Board of such plans and specifications shall be
made thereon, and shall also be recorded by said Board in its official
minutes;

(c)    All changes in approved plans and specifications which may
be found necessary and expedient during the course of construction
shall also be subject to the approval of the Board of School Commis-
sioners of Baltimore City, and shall also be recorded by said Board
in its official minutes; and

(d)    No part of the proceeds derived from the sale of the bonds
hereby authorized to be issued shall be expended without the ap-
proval of the Board of School Commissioners of Baltimore City.