670                              Laws of Maryland                        Ch. 285

(c)  The denomination or denominations of the bonds to be issued
at any particular time, which shall not be less than One Thousand
Dollars ($1,000.00) each but may be in sums of One Thousand
Dollars ($1,000.00) or any suitable multiple thereof, and the place
or places for the payment of principal and interest thereof;

(d)  The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, which interest shall
be payable semi-annually;

(e) Subject to the limitations set forth in Section 1 of this Act,
the date of the bonds issued at any particular time and the maturity
dates of said bonds, including the right of redemption by the City
prior to maturity;

(f) The time, place, manner and medium of advertisement of
the readiness of the Commissioners of Finance to receive bids for
the purchase of the bonds authorized to be issued hereunder, or any
part thereof; the form, terms and conditions of such bids; the
time, place and manner of awarding bonds so bid for, including the
right whenever any of the bonds authorized by this Act are offered
for sale and sold at the same time as other bonds of said corpora-
tion, to establish the conditions for bids and awards and to award
all of said bonds on an all or none basis; and the time, place, terms and
manner of settlement for the bonds so bid for.

The ordinance to be submitted to the legal voters of Baltimore
City, or the resolution of the Commissioners of Finance authorizing
the issuance of said bonds, or any portion thereof, as the case may
be, shall set forth in detail the dates when any of the bonds are to
mature and the amount to mature upon such dates.

Sec. 3. And be it further enacted, That the actual cash pro-
ceeds derived from the sale of the bonds authorized to be issued under
the provisions of this Act, not exceeding the par value thereof,
shall be used exclusively for the following purposes, to wit:

(a)  So much thereof as may be necessary, in addition to the
premiums realized from the sale, if any, for the cost of issuance,
including the expense of engraving, printing, advertising, attorney's
fees, and all other incidental expenses connected therewith; and

(b)  The remainder of such proceeds shall be used for the estab-
lishment and development of a second campus for the Community
College of Baltimore, including, but not limited to, the acquisition,
by purchase, condemnation or any other legal means, of land or
property, or any rights therein, in the City of Baltimore, and con-
structing and erecting on said land or property, or on any land
or property now or hereafter owned by the Mayor and City Council
of Baltimore, new buildings, structures, athletic and other auxiliary
facilities; and for equipment for any and all new facilities authorized
to be constructed or erected by the provisions hereof; and for archi-
tectural or engineering services or surveys, and any other activities
relating to planning for the purposes above mentioned; and for doing
any and all things necessary, proper or expedient in connection
with or pertaining to any or all of the matters or things herein-
before mentioned.

Sec. 4. And be it further enacted, That this Act is hereby de-
clared to be an emergency measure and necessary for the immediate