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Session Laws, 1968
Volume 683, Page 1078   View pdf image
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1078                           LAWS OF MARYLAND                       CH. 567

Chapter 10 of the Laws of Maryland of 1962 (Special Session), ex-
cept 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; and

(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 said Chapter 212, as amended, and
Ordinance No. 1279, approved June 22, 1962.

Sec. 3. And be it further enacted, That this Act is hereby de-
clared 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 Mary-
land, the same shall take effect from the date of its passage.

Approved May 7, 1968.

CHAPTER 567
(Senate Bill 452)

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 521 of the Laws of Maryland of 1957
from the amount of Twenty Million Dollars ($20,000,000.00) to
an amount not exceeding Six Million Dollars ($6,000,000.00); and
providing that nothing in this Act shall change, alter or modify:
(a) any of the terms and provisions of said Chapter 521 except in
the manner and to the extent set forth in this Act; (b) 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 521 and a certain ordinance.

Whereas, Chapter 521 of the Laws of Maryland of 1957 author-
ized the Mayor and City Council of Baltimore (hereinafter sometimes
called "City") to borrow Twenty Million Dollars ($20,000,000.00)
and to use such funds in connection with the Federal Urban and In-
terstate Highways Systems located within Baltimore City, subject to
certain conditions; and

Whereas, pursuant to the provisions of said Chapter 521, the
Mayor and City Council of Baltimore enacted Ordinance No. 308,
approved by the Mayor of Baltimore on May 26, 1960, and by the
voters of Baltimore City on November 8, 1960, which authorized the
City to borrow Six Million Dollars ($6,000,000.00) and to use the
same in connection with the Federal Urban and Interstate Highways
Systems located within Baltimore City, subject to certain conditions,
but the City has not issued or sold any of its Certificates of Indebted-
ness (hereinafter sometimes called "bonds") pursuant to such legis-
lation; and

 

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Session Laws, 1968
Volume 683, Page 1078   View pdf image
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