HARRY HUGHES, Governor
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development, redevelopment and improvement of park,
school and other properties now or hereafter owned by
the Mayor and City Council of Baltimore for park or
recreational purposes; and for the acquisition,
construction, reconstruction, installation, erection,
protection, extension, enlargement, renovation or
modernization of, and additions to, public park or
recreational buildings, structures or facilities,
including, but not limited to, the zoo located in Druid
Hill Park; and for the acquisition and installation of
equipment for any and all new facilities authorized to
be constructed, erected or established 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; provided, however, that no part
of such proceeds shall be used to pay costs not
directly related to and required for the acquisition,
construction, or completion of a specific physical
improvement and the initial equipping thereof; limiting
the use of the proceeds of the sale of the bonds to
expenditures for capital improvement projects having an
estimated service life of not less than fifteen (15)
years, and providing that such proceeds shall not be
used for current operating expenses of the City;
authorizing said municipality to submit an ordinance or
ordinances for said purpose to the legal voters of
Baltimore City, and providing generally for the
issuance and sale of said certificates of indebtedness;
and making this Act an emergency measure.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(a) The Mayor and City Council of Baltimore be and it
is hereby authorized to create a debt, and to issue and sell
its certificates of indebtedness (hereafter called "bonds")
as evidence thereof, to an amount not exceeding One Million
Dollars ($1,000,000.00), the proceeds derived from the sale
thereof to be used for the purposes hereinafter mentioned,
but said debt shall not be created and said bonds shall not
be issued, in whole or in part, unless an ordinance or
ordinances of the Mayor and City Council of Baltimore
providing for the issuance thereof shall be first submitted
to the legal voters of Baltimore City at such time and place
as may be fixed by said ordinance or ordinances and be
approved by a majority of the votes cast at such time and
place, all as required by Section 7 of Article XI of the
Constitution of Maryland; and the Mayor and City Council of
Baltimore, in submitting any ordinance or ordinances for
the issuance of said bonds, or any part thereof, to the
legal voters of Baltimore City, may submit and resubmit the
same at any municipal election as well as at any general
election to be held in Baltimore City.
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