SPIRO T. AGNEW, Governor                      1077

($5,000,000.00) to an amount not exceeding Four Million Dollars
($4,000,000.00), and providing that nothing in this Act shall
change, alter, modify or release: (a) any of the terms and pro-
visions of said Chapter 212, as amended, except in the manner and
to the extent set forth in this Act; (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 212, as amended, and a certain ordinance; and (c) any
of the power and authority vested in said municipality to here-
after issue and sell its Certificates of Indebtedness in accordance
with the terms and provisions of said Chapter 212, as amended,
and a certain ordinance.

Whereas, Chapter 212 of the Laws of Maryland of 1961, as the
same was amended by Chapter 10 of the Laws of Maryland of 1962
(Special Session), authorized the Mayor and City Council of Balti-
more (hereinafter sometimes called "City") to borrow Five Million
Dollars ($5,000,000.00) and to use such funds for off-street parking
purposes; and

Whereas, Ordinance No. 1279, approved by the Mayor of Balti-
more on June 22, 1962, and by the voters of Baltimore City on
November 6, 1962, authorized the City to borrow Four Million Dol-
lars ($4,000,000.00) and to use the same for off-street parking
purposes; Certificates of Indebtedness (hereinafter sometimes
called "bonds") have been issued and sold by the City in the
amount of One Million Four Hundred Forty-five Thousand Dollars
($1,445,000.00), so that the City now has the power to issue and
sell its bonds in the remaining amount of Two Million Five Hun-
dred Fifty-five Thousand Dollars ($2,555,000.00); pursuant to such
Act and Ordinance; and

Whereas, pursuant to said Chapter 212, there remains in the
City the power to borrow an additional One Million Dollars
($1,000,000.00) for which no ordinance has been ordained, and hence
the City has not issued and sold any bonds for such amount; and

Whereas, it has been determined that it would not now be in the
best interests of the City to borrow the forementioned sum of One
Million Dollars ($1,000,000.00) for which no ordinance has been
ordained, for the purposes mentioned in said Chapter 212 of the
Laws of Maryland of 1961, as amended; now, therefore

Section 1. Be it enacted by the General Assembly of Maryland,
That the authority granted to the Mayor and City Council of Balti-
more by Chapter 212 of the Laws of Maryland of 1961, as amended
by Chapter 10 of the Laws of Maryland of 1962 (Special Session)
to create a debt and issue its Certificates of Indebtedness as evidence
thereof be and the same is hereby reduced from the amount of Five
Million Dollars ($5,000,000.00) to an amount not exceeding Four
Million Dollars ($4,000,000.00).

Sec. 2. And be it further enacted, That nothing contained in this
Act shall be taken or construed to:

(a) Change, alter or modify any of the terms and provisions of
Chapter 212 of the Laws of Maryland of 1961, as amended by