2966                                                LAWS OF MARYLAND                         [Ch. 888

PURPOSES.

(B)    TO GUARANTEE OR INSURE FINANCIAL LOANS MADE BY
THIRD PARTIES TO ANY PERSON OR OTHER LEGAL ENTITY WHICH
ARE TO BE USED FOR OR IN CONNECTION WITH THE PURCHASE,
ACQUISITION, CONSTRUCTION, ERECTION OR DEVELOPMENT OF
BUILDINGS OR STRUCTURES, INCLUDING ANY LAND NECESSARY
THEREFOR, WITHIN THE BOUNDARIES OF BALTIMORE CITY, WHICH
BUILDINGS OR STRUCTURES ARE TO BE USED OR OCCUPIED FOR
RESIDENTIAL PURPOSES.

(C)    ANY AND ALL FINANCIAL LOANS MADE BY THE MAYOR
AND CITY COUNCIL OF BALTIMORE; ANY AND ALL GUARANTEES OR
INSURANCE COMMITMENTS MADE BY THE MAYOR AND CITY COUNCIL
OF BALTIMORE IN CONNECTION WITH ANY OF THE LOANS; AND ANY
AND ALL MONEY USED OR EXPENDED BY THE MAYOR AND CITY
COUNCIL OF BALTIMORE IN CONNECTION WITH THE LOANS,
GUARANTEES, OR INSURANCE COMMITMENTS, PURSUANT TO THE
POWER AND AUTHORITY HEREINABOVE VESTED IN THE
MUNICIPALITY, AND ANY AND ALL ACTS PERFORMED BY THE MAYOR
AND CITY COUNCIL OF BALTIMORE IN CONNECTION WITH ANY
POWERS WHICH MAY BE GRANTED TO THE MAYOR AND CITY COUNCIL
OF BALTIMORE PURSUANT TO THIS ARTICLE, ARE ALL DECLARED
TO BE NEEDED, CONTRACTED FOR, EXPENDED OR EXERCISED FOR A
PUBLIC USE.

(D)    IN THE EVENT OF ANY CONFLICT BETWEEN THE
PROVISIONS OF THIS ARTICLE AND THOSE OF ARTICLE XI,
SECTION 7, OF THE CONSTITUTION OF MARYLAND, OR ANY OTHER
PROVISIONS OF THE CONSTITUTION, THEN THE PROVISIONS OF
THIS ARTICLE SHALL CONTROL.

2. THE GENERAL ASSEMBLY OF MARYLAND MAY GRANT TO
THE MAYOR AND CITY COUNCIL OF BALTIMORE ANY AND ALL
ADDITIONAL POWER AND AUTHORITY NECESSARY OR PROPER TO
CARRY INTO FULL FORCE AND EFFECT ANY AND ALL 0? THE
SPECIFIC POWERS WHICH THE GENERAL ASSEMBLY OF MARYLAND IS
AUTHORIZED TO GRANT TO THE MAYOR AND CITY COUNCIL OF
BALTIMORE PURSUANT TO THIS ARTICLE, AND TO FULLY
ACCOMPLISH ANY AND ALL OF THE PURPOSES AND OBJECTS
CONTEMPLATED BY THE PROVISIONS OF THIS ARTICLE, PROVIDED
SUCH ADDITIONAL POWER OR AUTHORITY IS NOT INCONSISTENT
WITH THE TERMS AND PROVISIONS OF THIS ARTICLE OR WITH ANY
OTHER PROVISION OR PROVISIONS OF THE CONSTITUTION OF
MARYLAND, EXCEPT AS PROVIDED IN THIS ARTICLE. THE
GENERAL ASSEMBLY MAY PLACE SUCH OTHER AND FURTHER
RESTRICTIONS OR LIMITATIONS ON THE EXERCISE OF ANY OF THE
POWERS WHICH IT MAY GRANT TO THE MAYOR AND CITY COUNCIL
OF BALTIMORE UNDER THE PROVISIONS OF THIS ARTICLE AS IT
MAY DEEM PROPER AND EXPEDIENT.

SECTION 2. AND BE IT FURTHER ENACTED, That the
aforegoing [[section]] Article hereby proposed as an