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Session Laws, 1982
Volume 742, Page 44   View pdf image
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44

LAWS OF MARYLAND

Ch. 12

incident to doing any and all of the aforegoing acts or
things; and such proceeds may be used for any or all of
the matters or things hereinbefore mentioned in
connection with an underground structure or facility
for storing, parking and servicing self-propelled
vehicles (hereinafter called "parking facility") where
another building, structure or facility (hereinafter
called "additional structure") is to be or may be
established, constructed or erected in whole or in part
above, under, in connection with or adjacent to a
parking facility, provided that none of such proceeds
shall be used for or in connection with the
construction or erection of such additional structure,
or any part thereof, or for strengthening or adding to
a parking facility in any manner necessitated by or in
connection with the construction or erection of such
additional structure; provided, no petroleum products
shall be sold or offered for sale at any entrance to,
or exit from any land so acquired or at any entrance
to, or exit from, any structure erected thereon, when
any entrance to, or exit from, any such land or
structure faces a street or highway which is more than
25 feet wide from curb to curb; 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 or other legal
entity; conferring certain power and authority upon the
Off-Street Parking Commission of Baltimore City;
providing certain conditions which must be complied
with before the proceeds of the said certificates of
indebtedness may be expended; 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 (hereinafter called
"bonds") as evidence thereof, to an amount not exceeding
Four Million Dollars ($4,000,000.00), 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

 

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Session Laws, 1982
Volume 742, Page 44   View pdf image
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