MARVIN MANDEL, Governor

2779

State House

Annapolis, Maryland 21404

Dear Mr. President:

In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill

664.

This bill authorizes Baltimore City to issue bonds
in an amount not exceeding five million dollars to make
improvement loans for industrial property.

House Bill 1512, which was enacted by the General
Assembly and signed by me on April 13, 1976, accomplishes
the same purpose.

Therefore it is unnecessary for me to sign Senate

Bill 684.

Sincerely,
Marvin Mandel
Governor

Senate Bill No. 685 — Baltimore City Commercial
Rehabilitation Bonds

AN ACT concerning

Baltimore City — Commercial Rehabilitation Bond

Issue

FOR the purpose of authorizing 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 Two Million
Dollars ($2,000,000.00), the proceeds derived from
the sale of the certificates of indebtedness to be
used to make or contract to make financial loans to
the owners of buildings or structures located within
the boundaries of Baltimore City, which are used or
occupied for commercial purposes, for or in
connection with rehabilitating, renovating,
redeveloping or improving said buildings or
structures; to guarantee or insure financial loans
made by third parties to the owners of buildings or
structures located within the boundary lines of
Baltimore City, which are used or occupied for
commercial purposes, for or in connection with