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Session Laws, 1971
Volume 707, Page 392   View pdf image
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392                              Laws of Maryland                      [Ch. 129

Sec. 4. And be it further enacted, That this Act is hereby declared
to be an emergency measure and necessary for the immediate preser-
vation 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 23, 1971.

CHAPTER 129
(House Bill 187)

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 Eighteen Million
Dollars ($18,000,000.00), the proceeds derived from the sale of the
certificates of indebtedness to be used for the acquisition, by pur-
chase, 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 the rehabilitation and restoration of existing school buildingS
or facilities, which rehabilitation or restoration has been included
in an approved capital improvement program of the Mayor and
City Council of Baltimore, 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 Commissioners
of Baltimore City; imposing certain conditions in connection
with the expenditure of the proceeds derived from the sale of said
certificates of indebtedness; authorizing said municipality to sub-
mit 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 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 Eighteen Million Dollars ($18,000,000.00), the
proceeds derived from the sale thereof to be used for the 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 at such time and place as may be fixed by said ordinance or

 

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Session Laws, 1971
Volume 707, Page 392   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


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