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794
LAWS OF MARYLAND
Ch. 61
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Chapter 18 of the Laws of Maryland of 1979 be
and it is hereby repealed.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.
Approved April 8, 1980.
CHAPTER 62
(House Bill 269)
AN ACT concerning
Baltimore City - School Building Bond Issue
FOR the purpose of reducing the total amount of debt which
the Mayor and City Council of Baltimore is authorized
to create under the terms and provisions of Chapter 560
of the Laws of Maryland of 1968, as amended by Chapter
6 of the Laws of Maryland of 1969, and Chapter 375 of
the Laws of Maryland of 1975, from the amount of Eighty
Million Dollars ($80,000,000.00) ro to an amount not
exceeding Sixty-Five Million Dollars ($65,000,000.00),
and providing that nothing in this Act shall change,
alter, modify or release: (a) any of the terms and
provisions of said Chapter 560, as amended, except in
the manner and to the extent set forth in this Act; (b)
any of the obligations and liabilities which said
municipality has incurred or may incur under the terms
and provisions of any certificates of indebtedness
which said municipality has heretofore issued and sold
pursuant to said Chapter 560, as amended, and a certain
ordinance, as amended; and (c) any of the power and
authority vested in said municipality to hereafter
issue and sell its certificates of indebtedness in
accordance with the terms and provisions of said
Chapter 560, as amended, and a certain ordinance, as
amended.
WHEREAS, Chapter 560 of the Laws of Maryland of 1968,
as the same was amended by Chapter 6 of the Laws of Maryland
of 1969, authorized the Mayor and City Council of Baltimore
(hereinafter sometimes called "City") to borrow Eighty
Million Dollars ($80,000,000.00), and to use such funds for
school building purposes; and
WHEREAS, Ordinance No. 151, approved by the Mayor of
Baltimore City on June 28, 1968, and by the voters of
Baltimore City on November 5, 1968, as the same was amended
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