62 LAWS OF MARYLAND Ch. 21
The ordinance to be submitted to the legal voters of
Baltimore City, or the resolution of the Board of Finance
authorizing the issuance of said bonds, or any 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 premium realized from the sale, if any, for the cost
of issuance, including the expense of engraving, printing,
advertising, attorneys' fees, and all other incidental
expenses connected therewith; and
(b) The remainder of such proceeds shall be used for
or in connection with planning, developing, and making
operative a comprehensive system for the disposal of solid
wastes, including, but not limited to, the following, in
connection with said solid waste disposal system: the
acquisition, by purchase or condemnation, or any other legal
means, of land or property, or any rights therein, in the
City of Baltimore; 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 facilities and in any other manner improving
and developing said land or property; the establishment and
development of sites for landfills and the establishment and
development of transfer stations; the acquisition or
installation of equipment needed for or in connection with
any or all of the forementioned buildings, structures or
facilities or other things, 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, provided, however, that if the land
is located outside of the Baltimore City limits the
governing body of the local subdivision in which the land is
located must give its approval.
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 7, 1980.
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