MARVIN MANDEL, Governor                          145

SEC. 2. AND BE IT FURTHER ENACTED, THAT

(A)   THE MAYOR AND CITY COUNCIL MAY BY ORDI-
NANCE CALL ONE SPECIAL REFERENDUM ELECTION IN
BALTIMORE CITY AT WHICH ELECTION SHALL BE SUB-
MITTED TO THE QUALIFIED VOTERS OF BALTIMORE CITY
FOR ADOPTION OR REJECTION AN ORDINANCE OR ORDI-
NANCES REMOVING THE LIMITATION ON THE AMOUNT
OF INTEREST WHICH THE MAYOR AND CITY COUNCIL
OF BALTIMORE MAY PAY IN CONNECTION WITH THE CER-
TIFICATES OF INDEBTEDNESS WHICH IT MAY ISSUE AND
SELL PURSUANT TO ANY OR ALL LOAN ORDINANCES
HERETOFORE ORDAINED AND APPROVED BY THE VOTERS
OF BALTIMORE CITY IN ACCORDANCE WITH THE PRO-
VISIONS OF THE HEREINBEFORE MENTIONED ACTS OF
THE GENERAL ASSEMBLY WHICH ARE AMENDED BY THIS
ACT.

(B)   IN ADDITION, THERE MAY BE SUBMITTED AT SAID
SPECIAL REFERENDUM ELECTION TO THE QUALIFIED
VOTERS OF BALTIMORE CITY FOR ADOPTION OR REJEC-
TION AN ORDINANCE OR ORDINANCES REMOVING THE
LIMITATION ON THE AMOUNT OF INTEREST WHICH THE
MAYOR AND CITY COUNCIL OF BALTIMORE MAY PAY IN
CONNECTION WITH CERTIFICATES OF INDEBTEDNESS
WHICH IT MAY ISSUE AND SELL PURSUANT TO ANY OR
ALL LOAN ORDINANCES HERETOFORE ORDAINED AND
APPROVED BY THE VOTERS OF BALTIMORE CITY IN AC-
CORDANCE WITH ACTS OF THE GENERAL ASSEMBLY
WHICH AUTHORIZED THE MAYOR AND CITY COUNCIL OF
BALTIMORE BY ORDINANCE TO ESTABLISH THE RATE
OF INTEREST.

(C)  THE MAYOR AND CITY COUNCIL OF BALTIMORE
MAY SUBMIT AND RESUBMIT SAID ORDINANCE OR ORDI-
NANCES AT ANY MUNICIPAL ELECTION AS WELL AS ANY
GENERAL ELECTION TO BE HELD IN BALTIMORE CITY,
INCLUDING ANY ELECTION RELATING TO REFERENDA
FOR PROPOSED AMENDMENTS TO THE CONSTITUTION
OF MARYLAND.

(D)   NOTWITHSTANDING THE PROVISIONS OF ARTICLE
33 OF THE ANNOTATED CODE OF MARYLAND, THE TREAS-
URER OF BALTIMORE CITY SHALL CERTIFY TO THE BOARD
OF SUPERVISORS OF ELECTIONS OF BALTIMORE CITY ANY
SUCH ORDINANCE OR ORDINANCES TO BE SUBMITTED
FOR APPROVAL TO THE VOTERS OF BALTIMORE CITY AT
SAID SPECIAL REFERENDUM ELECTION AT LEAST FIVE
(5) WEEKS PRIOR TO SAID ELECTION.

(E)   NOTWITHSTANDING THE PROVISIONS OF ARTICLE
33 OF THE ANNOTATED CODE OF MARYLAND, AT LEAST
ONCE A WEEK FOR TWO WEEKS IMMEDIATELY PRIOR TO
THE DATE OF SAID SPECIAL REFERENDUM ELECTION,
THE BOARD OF SUPERVISORS OF ELECTIONS OF BALTI-
MORE CITY SHALL GIVE PUBLIC NOTICE OF ANY SUCH
ORDINANCE OR ORDINANCES TO BE SUBMITTED TO THE
VOTERS OF BALTIMORE CITY AT SAID ELECTION, AND
SUCH NOTICE SHALL BE PUBLISHED IN ALL NEWSPAPERS
OF GENERAL CIRCULATION IN BALTIMORE CITY.