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Session Laws, 1978
Volume 736, Page 1004   View pdf image
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1004

LAWS OF MARYLAND

Ch. 75

portion thereof, as the case may be, shall set forth in
detail the dates when any of the bonds are to mature and the
amount to mature 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 the proceeds shall be used for
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 or controlled by the Mayor and City Council
of Baltimore, new Baltimore Museum of Art Buildings,
structures and other auxiliary facilities, and for additions
and improvements to, or the reconstruction of, existing
Baltimore Museum of Art Buildings, structures or facilities,
and for the reconstruction, renovation, modernization or
improvement of any buildings, structures or facilities now
or hereafter owned or controlled by the Mayor and City
Council of Baltimore and to be used to house the functions
or activities of the Baltimore Museum of Art, including, but
not limited to, landscaping, lighting, parking, grading and
paving, and for the purchase, acquisition, installation and
erection of any and all kinds of furniture and equipment for
any and all of the new facilities authorized to be
constructed, erected or acquired by the provisions hereof,
and for the purchase, acquisition, installation and erection
of any and all kinds of museum or auxiliary equipment for
the Baltimore Museum of Art or for alterations to, or the
replacement of, any such existing equipment now being used
by, or in connection with, the Baltimore Museum of Art; and
for doing any and all things necessary, proper or expedient
in connection with or pertaining to any or all of the
matters or things hereinbefore mentioned, including, but not
limited to, the costs and expenses of securing
administrative, appraisal, economic analysis, engineering,
planning, designing, architectural, surveying, and other
professional services.

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.

 

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Session Laws, 1978
Volume 736, Page 1004   View pdf image
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