2148
LAWS OF MARYLAND
[Ch. 344
detail the dates when any of the said bonds are to nature
and the amount to nature upon such dates.
SECTION 3. AND BE IT FURTHER ENACTED, That the
actual cash proceeds derived from the sale of the bonds
authorized to be issued under the provisions of this Act,
not exceeding the par value thereof, shall be used
exclusively for the following purposes, to wit:
(a) So much thereof as may be necessary, in
addition to the premium realized from the sale, if any,
for the cost of issuance, including the expense of
engraving, printing, advertising, attorney's fees, and
all other incidental expenses connected therewith; and
(b) The remainder of such proceeds shall be
used for the purpose of extending, enlarging, developing
and improving the municipal water supply and the water
system of Baltimore City, including, but not United to,
the construction, reconstruction and extension of
transmission conduits, tunnels, and distribution mains,
the increasing of the source or sources of supply, the
construction of additional storage reservoirs, additions
to and extensions of existing reservoirs, the
construction of additional pumping stations, filter
basins or plants, additions to and extensions of existing
pumping stations, filter basins or plants, any or all of
the work to be done either within or outside of the
boundary lines of Baltimore City, and the doing of all
things necessary, proper or expedient to secure a full
and adequate supply of water for the City of Baltimore
and its inhabitants and such other persons or other legal
entities as may now or hereafter be lawfully furnished
water by the Mayor and City Council of Baltimore[[;]] .
SECTION 4. AND BE IT FURTHER ENACTED, That this Act
is hereby declared to be an emergency measure and
necessary for the immediate preservation of the public
health and safety and having been passed by a yea and nay
vote supported by three—fifths of all the members elected
to each of the two Houses of the General Assembly, the
same shall take effect from the date of its passage.
Approved April 22, 1975.
CHAPTER 345
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