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132 LAWS OF MARYLAND Ch: 13
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 from the sale of said
certificates of indebtedness; 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.
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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 Two Million Dollars
($2,000,000.00), 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.
(b) The Mayor and City Council of Baltimore may submit, by
one ordinance, the whole of the debt authorized by this Act to
the legal voters of Baltimore City at one time, or it may, by one
or more separate ordinances, submit a part thereof to the legal
voters of said city at different times; and any ordinance or
ordinances submitting the whole or any part of such debt to the
legal voters of Baltimore City shall provide for the expenditure
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