HARRY HUGHES, Governor

43

All of such land or property shall be acquired,
developed, redeveloped, renovated, rehabilitated, altered,
improved, held or disposed of, as provided by law.

(c) The use of the proceeds of the sale of the bonds
shall be limited 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.

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 April 2, 1982.

CHAPTER 12

(Senate Bill 75)

AN ACT concerning

Baltimore City - Off-Street Parking 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 Four Million Dollars
($4,000,000.00), the proceeds derived from the sale of
the certificates of indebtedness to be used for the
acquisition, by purchase, lease, condemnation or any
other legal means, of land or property, or any rights
or interests therein, the the the City of Baltimore, and
for developing, establishing, constructing, erecting,
altering, expanding, enlarging, improving and equipping
buildings, structures and other facilities on, under or
in said land or property, or on, under or in any land
or property that is now or hereafter may be owned or
otherwise held or controlled by the Mayor and City
Council of Baltimore, or on, under or in any land or
property owned or otherwise held or controlled by any
private, public or quasi-public corporation,
partnership, association, person or other legal entity,
for storing, parking and servicing self-propelled
vehicles, and for the payment of any and all necessary
or proper costs and expenses connected with, or