292                                          LAWS OF MARYLAND                                  Ch. 138

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 the City 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, terns 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 way be, shall set forth in
detail the dates when any of the bonds are to mature 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 premiums 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 or in connection with planning, developing, executing
and making operative the Community Development Program of
the Mayor and City Council of Baltimore, including, but
not limited to:

(i) The acquisition, by purchase, lease,
condemnation or any other legal means, of land or
property, or any right, interest, franchise, easement or
privilege therein, in the City of Baltimore;

(ii) 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 interest therein
hereinbefore mentioned;

(iii) 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 hereinbefore mentioned;

(iv) 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 hereinbefore mentioned,
in the City of Baltimore, and the disposition of land and
property for such purposes;

(v) The elimination of unhealthful,