622                               LAWS OF MARYLAND                        CH. 434

jects contemplated by said paragraph is hereby declared to be ex-
clusively for business purposes, and any lessee or tenant who is a
party to any such lease or rental agreement, or any successor in
interest or title, shall not have any right to redeem the rent, fee or
charge reserved or to be paid by any such lessee or tenant, or any
successor in interest or title, under the terms of any such lease or
rental agreement, except to the extent and in the manner set forth
in any such particular lease or rental agreement, if any such right is
specifically and definitely granted therein;

(c)    Before any land or property is acquired by the municipality
as provided in subparagraph (a) hereof the Board of Estimates, in
its sole and absolute discretion, shall first determine whether such
land or property is needed for or in connection with the industrial
and economic growth of the City of Baltimore as contemplated by
this paragraph; and prior to the disposition of any such land or prop-
erty by the City by sale, lease, or otherwise to any legal entity, the
Board of Estimates, in its sole and absolute discretion, shall first
determine that the land or property to be disposed of will be used for
or in connection with industrial and economic development or expan-
sion in Baltimore City as contemplated by this paragraph; and the
terms and provisions of any and all agreements either for the acquisi-
tion or disposition of any such land or property shall be approved by
the Board of Estimates.

(d)    To petition for, and accept from, the United States of
America, or the State of Maryland, or any department or agency
thereof, or any other source, any loan, grant or aid of any character
and, upon the sole approval of the Board of Estimates, make and
execute any contract or other legal instrument with any of said
parties, in connection with any and all of the purposes and objects
mentioned in or contemplated by the provisions of this paragraph
(15 A):

(e)    To vest jurisdiction or authority to exercise or perform all
or any part of the aforegoing powers, except those specifically
reserved to or to be exercised by the Board of Estimates, in any suit-
able board, commission, department, bureau or other agency of the
Mayor and City Council of Baltimore now in being or in any new
board, commission, department, bureau or agency of the Mayor and
City Council of Baltimore, which it is hereby empowered to create
and establish for such purposes."

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1968.

Approved April 10, 1968.

CHAPTER 434
(House Bill 1030)

AN ACT to repeal and re-enact, with amendments, Section 107 of
Article 26 of the Annotated Code of Maryland (1966 Replacement
Volume), title "Courts," subtitle "Municipal Court of Baltimore