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147
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HARRY HUGHES, Governor
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CHAPTER 18
(House Bill 81)
AN ACT concerning
Baltimore City - Economic Development 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 Five Hundred Thousand
Dollars ($4,500,000.00), the proceeds derived from the sale
of the certificates of indebtedness to be used for or in
connection with planning, developing, executing, and making
operative the commercial and industrial Economic Development
Program of the Mayor and City Council of Baltimore,
including, but not limited to, the acquisition, by purchase,
leases, condemnation or any other legal means, of land or
property, or any right, interest, franchise, easement or
privilege therein, in the City of Baltimore; the payment of
any and all costs and expenses incurred in connection with
or incidental to the acquisition and management of said land
or property, including any and all rights or interest
therein hereinbefore mentioned; the payment of any and all
costs and expenses incurred for or in connection with
relocating and moving persons or other legal entities
displaced by the acquisition of said land or property, or
any of the rights or interests therein hereinbefore
mentioned; the development, or redevelopment, including, but
not limited to, the comprehensive renovation or
rehabilitation of any land or property, or any rights or
interests therein hereinbefore mentioned, in the City of
Baltimore, and the disposition of land and property for such
purposes; the elimination of unhealthful, unsanitary or
unsafe conditions, lessening density, eliminating obsolete
or other uses detrimental to the public welfare or otherwise
removing or preventing the spread of blight or deterioration
in the City of Baltimore; the demolition, removal,
relocation, renovation or alteration of land, buildings,
streets, highways, alleys, utilities or services, and other
structures or improvements, and for the construction,
reconstruction, installation, relocation or repair of
buildings, streets, highways, alleys, utilities or services,
and other structures or improvements; the payment of any and
all costs and expenses incurred for or in connection with
doing any or all of the things herein mentioned, including,
but not limited to, the costs and expenses of securing
administrative, appraisal, economic analysis, engineering,
planning, designing, architectural, surveying, and other
professional services; and doing any and all things
necessary, proper or expedient in connection with or
pertaining to any or all of the matters or things
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