HARRY HUGHES, Governor

27

fifteen (15) years, and providing that such proceeds shall
not be used for current operating expenses of the City.

SECTION 4. AND BE IT FURTHER ENACTED, That this Act is
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, it shall take effect from
the date of its passage.

Approved April 2, 1982.

CHAPTER 9

(Senate Bill 72)

AN ACT concerning

Baltimore City - School Building 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 Six Hundred Thousand
Dollars ($2,600,000.00), the proceeds derived from the
sale of the certificates of indebtedness to be used for
the acquisition, by purchase, condemnation or any other
legal means, of land or property, or any rights
therein, in the City of Baltimore, and 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 school buildings, athletic
and other auxiliary facilities, and for additions and
improvements to, or the modernization or reconstruction
of, existing school buildings or facilities, and for
equipment for any and all new facilities authorized to
be constructed or erected by the provisions hereof, and
for architectural or engineering services or surveys,
and any other activities relating to planning for the
purposes above mentioned or relating to planning for
future projects of the same general character which may
be constructed out of future loans; 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; conferring
certain powers upon the Board of School Commissioners
of Baltimore City; imposing certain conditions in
connection with the expenditure of the proceeds derived