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Session Laws, 1976
Volume 734, Page 458   View pdf image
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458

LAWS OF MARYLAND

Ch. 214

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 establishment and development of an aquarium in
the City of Baltimore, including, but not limited to, the
acquisition by purchase, condemnation or any other legal
means, of land or property, or any rights therein, in the
City of Baltimore, and constructing and erecting on said
land or property, or on any land or property now or
hereafter owned by the Mayor and City Council of
Baltimore, new buildings, structures, and other auxiliary
facilities; and for equipment for any and all new
facilities authorized to be constructed or erected by the
provisions hereof; and for architectural or engineering
services or surveys, and any other activities relating to
planning for the purposes above mentioned; and for doing
any and all things necessary, proper or expedient, in
connection with or pertaining to any and all of the
matters or things hereinbefore mentioned; provided,
however, that no part of such proceeds shall be used to
pay costs not directly related to and required for the
acquisition, construction or completion of a specific
physical improvement and the initial equipping thereof;
it being the intent of this provision to limit the use of
such proceeds to capital expenditures and to prohibit
their use for current expenses of the City.

SECTION 4. AND BE IT FURTHER ENACTED, That this Act
is 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 members elected to each
of the two Houses of the General Assembly, it shall take
effect from the date of its passage.

Approved April 13, 1976.

CHAPTER 215
(House Bill 1514)

AN ACT concerning

Baltimore City - Recreation and Parks 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 Five
Hundred Thousand Dollars ($2,500,000.00) the
proceeds derived from the sale of the certificates

 

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Session Laws, 1976
Volume 734, Page 458   View pdf image
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