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Session Laws, 1967
Volume 681, Page 648   View pdf image (33K)
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648                             LAWS OF MARYLAND                      [CH. 296

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
premiums realized from the sale, if any, for the cost of issuance,
including 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 acquisi-
tion, by purchase or condemnation or any other legal means, of land
or property in the City of Baltimore and establishing thereon or
therein, or on or in land or property now or hereafter owned by the
Mayor and City Council of Baltimore, new parks, playgrounds, play-
fields, playlots, recreational centers or recreational buildings; and
for the design, redesign, development, redevelopment and improve-
ment of park, school and other properties now or hereafter owned by
the Mayor and City Council of Baltimore for park or recreational
purposes; and for the acquisition, construction, reconstruction, in-
stallation, erection, protection, extension, enlargement, renovation
or modernization of, and additions to, public park or recreational
buildings, structures or facilities; and for the acquisition and instal-
lation of equipment for any and all new facilities authorized to be
constructed, erected or established under the provisions hereof, and
for doing any and all things necessary, proper or expedient in con-
nection with or pertaining to any or all of the matters or things
hereinbefore mentioned.

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 April 14, 1967.

CHAPTER 296
(House Bill 796)

AN ACT to repeal Chapter 535 of the Laws of Maryland of 1959,
which authorized the Mayor and City Council of Baltimore to
issue certificates of indebtedness to an amount not exceeding three
million dollars ($3,000,000.00), the proceeds thereof to be used for
the acquisition of land, or any rights therein, and for constructing,
erecting, and equipping thereon such building, buildings, struc-
ture or structures for a central health and morgue building in the
city as may be provided from time to time by ordinance or ordi-
nances of the Mayor and City Council of Baltimore, and which

 

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Session Laws, 1967
Volume 681, Page 648   View pdf image (33K)
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