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Session Laws, 1967
Volume 681, Page 304   View pdf image (33K)
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LAWS OF MARYLAND                      [CH. 186

which said municipality has incurred or may incur under the
terms and provisions of any certificates of indebtedness which
said municipality has heretofore issued and sold pursuant to said
Chapter 1 and certain ordinances; and (c) any of the power and
authority vested in said municipality to hereafter issue and sell
its certificates of indebtedness in accordance with the terms and
provisions of said Chapter 1 and certain ordinances.

Whereas, Chapter 1 of the Laws of Maryland of 1963 authorized
the Mayor and City Council of Baltimore (hereinafter sometimes
called "City") to borrow $8,800,000.00 and to use such funds for and
in connection with four different categories of additions to, and im-
provement of, the general park and recreational system and facilities
of the City as more specifically set forth in subsections (A), (B),
(C) and (D) of Section 3 of said Chapter 1; and

Whereas, pursuant to the provisions of said Chapter 1, the Mayor
and City Council of Baltimore has enacted the following ordinances:

(a)   Ordinance No. 301, approved by the Mayor of Baltimore City
on July 3, 1964, and by the voters of Baltimore City on November 3,
1964, which authorized the City to borrow $1,500,000.00 and to use
the same generally for or in connection with additions to, and im-
provement of, playgrounds, playfields, and other recreational facili-
ties of the City, as contemplated by Section 3 (A) of said Chapter 1;
however, no certificates of indebtedness (hereinafter sometimes
called "bonds") have been issued or sold by the City as authorized
by said legislation;

(b)   Ordinance No. 1528, approved by the Mayor of Baltimore
City on February 21, 1963, and by the voters of Baltimore City
on May 7, 1963, which authorized the City to borrow $2,000,000.00
and to use the same generally for extending, enlarging, developing
and improving the general park and recreational system and facili-
ties of the City, except in the Jones Falls Valley area, as anticipated
by Section 3 (C) of said Chapter 1; and the City has issued and
sold its bonds in the amount of $400,000.00 pursuant to the pro-
visions of said legislation; and

(c)  Ordinance No. 1530, approved by the Mayor of Baltimore
City on February 21, 1963, and by the voters of Baltimore City on
May 7, 1963, which authorized the City to borrow $3,000,000.00 and
to use the same for the acquisition of property in the area in Balti-
more City generally referred to as the Jones Falls Valley and for
the development and improvement of such property for general park
purposes, as provided in Section 3 (D) of said Chapter 1; and the
City has issued and sold its bonds in the amount of $1,200,000.00
pursuant to the provisions of said legislation; and

Whereas, Section 3 (B) of said Chapter 1 authorized the City to
use $2,300,000.00 of the proceeds derived from the sale of bonds
authorized to be issued by the City under the provisions of said
Chapter 1, generally for or in connection with the acquisition and
improvement of, and additions to, public park or recreational build-
ings or facilities, including the zoo in Druid Hill Park and the
Baltimore Memorial Stadium; however, no ordinance authorizing
the City to borrow the forementioned sum of $2,300,000.00 has been
approved by the voters of Baltimore City, and no bonds have been
issued and sold for said purposes; and

 

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Session Laws, 1967
Volume 681, Page 304   View pdf image (33K)
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