HARRY HUGHES, Governor

47

(f) The time, place, manner and medium of
advertisement of the readiness of the Board of Finance to
receive bids for the purchase of the bonds authorized to be
issued hereunder, or any part thereof; the form, terms and
conditions of such bids; the time, place and manner of
awarding bonds so bid for, including the right whenever any
of the bonds authorized by this Act are offered for sale and
sold at the same time as other bonds of said City, to
establish the conditions for bids and awards and to award
all of said bonds on an all or none basis; and the time,
place, terms and manner of settlement for the bonds so bid
for.

The ordinance to be submitted to the legal voters of
Baltimore City, or the resolution of the Board of Finance
authorizing the issuance of said bonds, or any portion
thereof, as the case may be, shall set forth in detail the
dates when any of the bonds are to mature and the amount to
mature upon such dates.

SECTION 3. AND BE IT FURTHER ENACTED, That the actual
cash proceeds derived from the sale of the bonds authorized
to be issued under the provisions of this Act, not exceeding
the par value thereof, shall be used exclusively for the
following purposes, to wit:

(a)   So much thereof as may be necessary, in addition
to the premium realized from the sale, if any, for the cost
of issuance, including the expense of engraving, printing,
advertising, attorneys' fees, and all other incidental
expenses connected therewith; and

(b)   The remainder of such proceeds shall be used for
the acquisition, by purchase, lease, condemnation or any
other legal means, of land or property, or any rights or
interests therein, in 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 incident to
doing any or 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