386                               Laws of Maryland                      [Ch. 127

acquisition, by purchase or condemnation or any other legal means,
of land or property in the City of Baltimore and establishing
thereon or therein, or on or in land or property now or hereafter
owned by the Mayor and City Council of Baltimore, new parks,
playgrounds, playfields, playlots, recreational centers or receational
RECREATIONAL buildings; and for the design, redesign, devel-
opment, redevelopment and improvement of park, school and other
properties now or hereafter owned by the Mayor and City Council
of Baltimore for park or recreational purposes; and for the acquisi-
tion, construction, reconstruction, installation, erection, protection,
extension, enlargement, renovation or modernization of, and addi-
tions to, public park or recreational buildings, structures or facil-
ities; and for the acquisition and installation of equipment for any
and all new facilities authorized to be constructed, erected or estab-
lished under the provisions hereof, 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 hereinbefore mentioned; author-
izing said municipality to submit an ordinance or ordinances for
said purpose to the legal voters of Baltimore City, and providing
generally for the issuance and sale of said certificates of indebted-
ness.

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 One Million Two Hundred Thousand Dollars
($1,200,000.00), the proceeds derived from the sale thereof to be
used for the purpose or purposes 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
the legal voters of Baltimore City, may submit and resubmit the
same at any municipal election as well as at any general election to be
held in Baltimore City.

(b)    The Mayor and City Council of Baltimore may submit by one
ordinance, the whole of the debt authorized by this Act to the legal
voters of Baltimore City at one time or it may, by one or more
separate ordinances, submit a part thereof to the legal voters of said
city at different times; and any ordinance or ordinances submitting
the whole or any part of such debt to the legal voters of Baltimore
shall provide for the expenditure of the proceeds thereof in accordance
with the provisions of the Charter of the Mayor and City Council of
Baltimore, and by the municipal agency designated in the annual
Ordinances of Estimate of the Mayor and City Council of Baltimore.

(c)    All of said bonds, or any part thereof, shall be issued in
accordance with a serial maturity plan so worked out as to dis-
charge the entire principal amount represented thereby within not