HARRY HUGHES, Governor                                   27

Department of Baltimore City for fire stations, and for the
acquisition and installation of equipment for any and all
existing facilities or new facilities authorized to be
constructed or erected under the provisions hereof, 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.

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.

Approved March 26, 1979.

CHAPTER 11

(Senate Bill 29)

AN ACT concerning

Baltimore City - Residential Financing 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 Seven Million Three Hundred
Thousand Dollars ($7,300,000.00), the proceeds derived
from the sale of the certificates of indebtedness to be
used to make or contract to make financial loans to any
person or other legal entity to be used for or in
connection with the purchase, acquisition,
construction, erection, development, rehabilitation,
renovation, modernization or improvement of buildings
or structures, including any land necessary therefor,
within the boundaries of Baltimore City, which
buildings or structures are to be used or occupied for
residential purposes; to guarantee or insure financial
loans made by third parties to any person or other
legal entity which are to be used for or in connection
with the purchase, acquisition, construction, erection,
development, rehabilitation, renovation, modernization,
or improvement of buildings or structures, including
any land necessary therefor, within the boundaries of
Baltimore City, which buildings or structures are to be
used or occupied for residential purposes, 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