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Session Laws, 1972
Volume 708, Page 439   View pdf image
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Marvin Mandel, Governor                         439

certificates of indebtedness to be used for or in connection with
planning, developing, executing and making operative the urban
renewal program of the Mayor and City Council of Baltimore,
including, but not limited to, the acquisition, by purchase, lease,
condemnation or any other legal means, of land or property, or
any right, interest, franchise, easement or privilege there-
in, in the City of Baltimore; the payment of any and
all costs and expenses incurred in connection with or
incidental to the acquisition and management of said land
or property, including any and all rights or interests therein
hereinbefore mentioned; the payment of any and all costs and
expenses incurred for or in connection with relocating and moving
persons or other legal entities displaced by the acquisition of said
land or property, or any of the rights or interests therein herein-
before mentioned; the development or redevelopment, including,
but not limited to, the comprehensive renovation or rehabilitation
of any land or property, or any rights or interests therein herein-
before mentioned, in the City of Baltimore, and the disposition of
land and property for such purposes; the elimination of unhealthful,
unsanitary or unsafe conditions, lessening density, eliminating
obsolete or other uses detrimental to the public welfare or other-
wise removing or preventing the spread of blight or deterioration
in the City of Baltimore; the demolition, removal, relocation, reno-
vation or alteration of land, buildings, streets, highways, alleys,
utilities or services, and other structures or improvements, and
for the construction, reconstruction, installation, relocation or re-
pair of buildings, streets, highways, alleys, utilities or services, and
other structures or improvements; the payment of any and all costs
and expenses incurred for or in connection with doing any or all
of the things herein mentioned, including, but not limited to, the
costs and expenses of securing administrative, appraisal, economic
analysis, engineering, planning, designing, architectural, survey-
ing, and other professional services; and 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 Five Million Dollars ($5,000,000.00), the pro-
ceeds derived from the sale thereof to be used for the purposes here-
inafter 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 issu-

 

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Session Laws, 1972
Volume 708, Page 439   View pdf image
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