MARVIN MANDEL, Governor
2147
determine and set forth, any or all of the following:
(a) The amount of the total debt, authorized
by this Act and the ordinance submitted to the legal
voters of Baltimore City, which shall be issued at any
particular time;
(b) The form or forms of the bonds
representing the debt, or any part thereof, so authorized
to be issued at any particular time, including any
interest coupons to be attached thereto; the provisions,
if any, for the issuance of coupon bonds; the provisions,
if any, for the issuance of fully registered bonds; the
provisions, if any, for the registration as to principal
of any coupon bonds; and the provisions, if any, for the
conversion and reconversion into coupon bonds of any
fully registered bonds or coupon bonds registered as to
principal;
(c) The denomination or denominations of the
bonds to be issued at any particular time, which shall
not be less than one Thousand Dollars ($1,000.00) each
but may be in sums of One Thousand Dollars ($1,000.00) or
any suitable multiple thereof, and the place or places
for the payment of principal and interest thereof;
(d) The rate or rates of interest to be paid
in connection with the bonds to be issued at any
particular time, which interest shall be payable
semi—annually;
(e) Subject to the limitations set forth in
Section 1 of this Act, the date of the bonds issued at
any particular time and the maturity dates of said bonds,
including the right of redemption by the City prior to
maturity;
(f) The time, place, manner and medium of
advertisement of the readiness of the Commissioners of
Finance to receive bids for the purchase of the bonds
authorized to be issued hereunder, or any part thereof;
the form, terms and conditions of such bids; the time,
place and manner of awarding bonds so bid for, including
the right whenever any of the bonds authorized by this
Act are offered for sale and sold at the same time as
other bonds of said corporation, to establish the
conditions for bids and awards and to award all of said
bonds on an all or none basis; and the time, place, terms
and manner of settlement for the bonds so bid for.
The ordinance to be submitted to the legal voters of
Baltimore City, or the resolution of the Commissioners of
Finance authorizing the issuance of said bonds, or any
portion thereof, as the case may be, shall set forth in
|
![clear space](../../../images/clear.gif) |