BLAIR LEE III, Acting Governor 3123
In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed House Bill 526.
This bill authorizes the creation of a Baltimore City
debt of up to $5,600,000 for certain purposes relating to
water systems.
Senate Bill 336, which was enacted by the General
Assembly and signed by me on April 11, 1978, accomplishes
the same purpose.
Therefore it is unnecessary for me to sign House Bill
526.
Sincerely,
Blair Lee III
Acting Governor
House Bill No. 528 - Baltimore City - Commercial
Rehabilitation Bond Issue
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),
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
rehabilitating, renovating, redeveloping or improving
said buildings or structures, 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; authorizing said
municipality to submit an ordinance or ordinances for
said purpose to the legal voters of Baltimore City, and
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