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Session Laws, 1968
Volume 683, Page 1097   View pdf image
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SPIRO T. AGNEW, Governor                      1097

Whereas, Chapter 1 of the Laws of Maryland of 1963 authorized
the Mayor and City Council of Baltimore (hereinafter sometimes
called "City") to borrow Eight Million Eight Hundred Thousand
Dollars ($8,800,000.00) and to use such funds for and in connection
with four different categories of additions to, and improvement 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Whereas, Chapter 186 of the Laws of Maryland of 1967 repealed
Section 3(B) of Chapter 1 of the Laws of Maryland of 1963, and
reduced the total amount of debt which the City could create pur-
suant to said Chapter 1 from the amount of Eight Million Eight
Hundred Thousand Dollars ($8,800,000.00) to an amount not exceed-
ing Six Million Five Hundred Thousand Dollars ($6,500,000.00); and

Whereas, pursuant to the provisions of said Chapter 1 of the Laws
of Maryland of 1963, 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 One Million Five Hundred
Thousand Dollars ($1,500,000.00) and to use the same generally for
or in connection with additions to, and improvement of, playgrounds,
playfields, and other recreational facilities of the City, as contem-
plated by Section 3 (A) of said Chapter 1; the City has issued and
sold Certificates of Indebtedness (hereinafter sometimes called
"bonds") in the amount of One Million Five Hundred Thousand
Dollars ($1,500,000.00) pursuant to such 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 Two Million Dol-
lars ($2,000,000.00) and to use the same generally for extending,
enlarging, developing and improving the general park and recrea-
tional system and facilities 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 One Million
Two Hundred Thousand Dollars ($1,200,000.00) pursuant to the pro-
visions of said legislation; so that the City is still authorized to
issue and sell its bonds in the amount of Eight Hundred Thousand
Dollars ($800,000.00) pursuant to said Act and Ordinance No. 1528;
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 Three Million Dollars
($3,000,000.00) and to use the same for the acquisition of property
in the area in Baltimore 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 One Million Two Hundred Thousand Dollars ($1,200,000.00) pur-
suant to the provisions of said legislation, so that the City is still
authorized to issue and sell its bonds in the amount of One Million
Eight Hundred Thousand Dollars ($1,800,000.00) pursuant to said
Act and Ordinance No. 1530; and

 

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Session Laws, 1968
Volume 683, Page 1097   View pdf image
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