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Session Laws, 1980
Volume 739, Page 743   View pdf image
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HARRY HUGHES, Governor                                743

the State of Maryland at the General Election to be held in
November, 1980.

(c) The remainder of such proceeds shall 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, reconstruction,

erection, development, rehabilitation, renovation, or
improvement of buildings or structures, including any land
necessary therefor, located within the boundaries of
Baltimore City, which buildings or structures are to be used
or occupied for commercial purposes; to guarantee or insure
financial loans made by third parties to any person or other
legal entity to be used for or in connection with the

purchase, acquisition, construction, reconstruction,

erection, development, rehabilitation, renovation,

redevelopment, or improvement of buildings or structures,
including any land necessary therefor, located within the
boundaries of Baltimore City, which buildings or structures
are to be used or occupied for commercial purposes, and for
doing any or all things necessary, proper or expedient in
connection with or pertaining to any or all of the matters
or things hereinbefore mentioned; providing that the
purposes hereinbefore mentioned shall become operative only
upon the adoption of the amendment to the Constitution of
Maryland proposed by Chapter (House Bill 710) (Senate
Bill 363) of the Laws of Maryland of 1980 by the qualified
voters of the State of Maryland at the General Election to
be held in November, 1980.

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 28, 1980.

CHAPTER 36

(Senate Bill 732)

AN ACT concerning

Garrett County - Hospital Bonds

FOR the purpose of authorizing and empowering the County
Commissioners of Garrett County, from time to time, to
borrow not more than Six Million Dollars ($6,000,000)
in order to assist in financing the expansion,
reconstruction, rehabilitation, renovation, and

 

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Session Laws, 1980
Volume 739, Page 743   View pdf image
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