HARRY HUGHES, Governor

31

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.

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 12

(Senate Bill 30)

AN ACT concerning

Baltimore City - Residential Energy Conservation
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 Two Million Dollars
($2,000,000.00), 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
modernization or improvement of buildings or structures
within the boundaries of Baltimore City, for the
purpose of promoting energy conservation and making
said buildings or structures more energy efficient,
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 modernization or improvement
of buildings or structures within the boundaries of
Baltimore City, for the purpose of promoting energy
conservation and making said buildings or structures