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Session Laws, 1966
Volume 678, Page 127   View pdf image (33K)
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J. MILLARD TAWES, Governor                       127

Sec. 4. And be it further enacted, That this Act is hereby declared
to be an emergency measure and necessary for the immediate preser-
vation of the public health and safety, and having been passed by a
yea and nay vote supported by three-fifths of the members elected to
each of the two Houses of the General Assembly of Maryland, the
same shall take effect from the date of its passage.

Approved March 23, 1966.

CHAPTER 93
(House Bill 103)

AN ACT to authorize the Mayor and City Council of Baltimore to
create a debt, and to issue and sell its certificates of indebtedness
as evidence thereof, to an amount not exceeding three million
dollars ($3,000,000.00), the proceeds derived from the sale of the
certificates of indebtedness to be used to create and establish a
fund to be known as the revolving design fund and such fund
shall be used, with the approval of the Board of Estimates of the
Mayor and City Council of Baltimore, to pay any and all costs and
expenses which may be incurred in connection with the preparation
of preliminary studies and designs, and plans, specifications and
other contract documents, for capital improvement projects in the
capital improvement program of the Mayor and City Council of
Baltimore, as provided or contemplated by Section 2 of Article VI
of the Charter of Baltimore City (1964 Revision); authorizing
said municipality to establish, maintain and operate said fund and
providing for a method which may be used to replenish and con-
tinue said fund in existence; authorizing said municipality to
submit an ordinance or ordinances for said purpose to the legal
voters of Baltimore City, and providing generally for the issuance
and sale of said certificates of indebtedness.

Section 1. Be it enacted by the General Assembly of Maryland,
That (a) The Mayor and City Council of Baltimore be and it is
hereby authorized to create a debt, and to issue and sell its certifi-
cates of indebtedness (hereafter called "bonds") as evidence thereof,
to an amount not exceeding Three Million Dollars ($3,000,000.00),
the proceeds derived from the sale thereof to be used for the purposes
hereinafter mentioned, but said debt shall not be created and said
bonds shall not be issued, in whole or in part, unless an ordinance
or ordinances of the Mayor and City Council of Baltimore providing
for the issuance thereof shall be first submitted to the legal voters
of Baltimore City at such time and place as may be fixed by said
ordinance or ordinances and be approved by a majority of the votes
cast at such time and place, all as required by Section 7 of Article XI
of the Constitution of Maryland; and the Mayor and City Council
of Baltimore, in submitting any ordinance or ordinances for the
issuance of said bonds, or any part thereof, to the legal voters of
Baltimore City, may submit and resubmit the same at any municipal
election as well as at any general election to be held in Baltimore
City.

(b) The Mayor and City Council of Baltimore may submit by one
ordinance, the whole of the debt authorized by this Act to the legal

 

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Session Laws, 1966
Volume 678, Page 127   View pdf image (33K)   << PREVIOUS  NEXT >>


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