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Session Laws, 1970
Volume 695, Page 671   View pdf image
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Marvin Mandel, Governor                         671

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
Maryland, the same shall take effect from the date of its passage.

Approved April 22, 1970

CHAPTER 286
(Senate Bill 451)

AN ACT to authorize the Mayor and City Council of Baltimore to
create a debt, and to issue and sell its certificates of indebtedness
as evidence thereof, to an amount not exceeding seventeen million
dollars ($17,000,000.00), the proceeds derived from the sale of
the certificates of indebtedness to be used for the acquisition, by
purchase, condemnation or any other legal means, of land or
property, or any rights therein, in the City of Baltimore, and
constructing 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 school buildings, athletic and
other auxiliary facilities, and for additions and improvements to,
or the modernization or reconstruction of, existing school build-
ings or facilities, and for equipment for any and all new facilities
authorized to be constructed or erected by the provisions hereof,
and for architectural or engineering services or surveys, and any
other activities relating to planning for the purposes above men-
tioned or relating to planning for future projects of the same
general character which may be constructed out of future loans;
conferring certain powers upon the Board of School Commis-
sioners of Baltimore City; imposing certain conditions in connec-
tion with the expenditure of the proceeds derived from the sale
of said certificates of indebtedness; authorizing said municipality
to submit an ordinance or ordinances for said purpose to the legal
voters of Baltimore City; and providing generally for the is-
suance and sale of said certificates of indebtedness.

Section 1. Be it enacted by the General Assembly of Maryland,
That, :

(a) The Mayor and City Council of Baltimore be and it is hereby
authorized to create a debt, and to issue and sell its certificates
of indebtedness (hereafter called "bonds") as evidence thereof, to
an amount not exceeding Seventeen Million Dollars ($17,000,000.00),
the proceeds derived from the sale thereof to be used for the pur-
poses hereinafter mentioned, but said debt shall not be created and
said bonds shall not be issued, in whole or in part, unless an
ordinance or ordinances of the Mayor and City Council of Baltimore
providing for the issuance thereof shall be first submitted to the
legal voters of Baltimore City at such time and place as may be
fixed by said ordinance or ordinances and be approved by a majority
of the votes cast at such time and place, all as required by Section
7 of Article XI of the Constitution of Maryland; and the Mayor
and City Council of Baltimore, in submitting any ordinance or
ordinances for the issuance of said bonds, or any part thereof, to

 

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Session Laws, 1970
Volume 695, Page 671   View pdf image
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