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Session Laws, 1968
Volume 683, Page 1072   View pdf image
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1072                            LAWS OF MARYLAND                       CH. 563

(a)  Change, alter or modify any of the terms and provisions of
Chapter 3 of the Laws of Maryland of 1963 except in the manner
and to the extent specifically set forth herein;

(b)   Change, alter, modify or release any of the obligations or
liabilities which the City has incurred or may incur under the
terms and provisions of any bonds which the City has heretofore
issued and sold pursuant to the legislation hereinbefore mentioned;

(c)   Change, alter or modify any of the power and authority
vested in the City to hereafter issue and sell its bonds in accordance
with the terms and provisions of Chapter 3 of the Laws of Mary-
land of 1963, Ordinance No. 1076, approved June 29, 1967, and
Ordinance No. 1071, approved June 29, 1967; and

Sec. 4. And be it further enacted, That this Act is hereby declared
to be an emergency measure and necessary for the immediate
preservation 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 May 7, 1968.

CHAPTER 563
(Senate Bill 448)

AN ACT to reduce the total amount of debt which the Mayor and City
Council of Baltimore is authorized to create under the terms and
provisions of Chapter 11 of the Laws of Maryland of 1944 (Extra-
ordinary Session) from the amount of Twenty Million Dollars
($20,000,000.00) to an amount not exceeding Fourteen Million
Seven Hundred Fifty Thousand Dollars ($14,750,000.00), and pro-
viding that nothing in this Act shall change, alter, modify or re-
lease: (a) any of the terms and provisions of said Chapter 11 except
in the manner and to the extent set forth in this Act; and (b) any
of the obligations or liabilities 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 11 and certain ordinances.

Whereas, Chapter 11 of the Laws of Maryland of 1944 (Extra-
ordinary Session) authorized the Mayor and City Council of Balti-
more (hereinafter sometimes called "City") to borrow Twenty Million
Dollars ($20,000,000.00) and to use such funds for highway purposes;
and

Whereas, pursuant to the provisions of said Chapter 11, the Mayor
and City Council of Baltimore has enacted the following ordinances:

(a) Ordinance No. 127, approved by the Acting Mayor of Balti-
more City on August 1,1944, and by the voters of Baltimore City on
November 7, 1944, which authorized the City to borrow Ten Million
Dollars ($10,000,000.00) and to use the same generally for highway
purposes in Baltimore City; Certificates of Indebtedness (hereinafter
sometimes called "bonds") in the amount of Ten Million Dollars

 

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Session Laws, 1968
Volume 683, Page 1072   View pdf image
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