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151
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HARRY HUGHES, Governor
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(i) The acquisition, by purchase, lease,
condemnation, or any other legal means, of land or property, or
any right, interest, franchise, easement or privilege therein, in
the City of Baltimore;
(ii) 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;
(iii) 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;
(iv) 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;
(v) 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;
(vi) 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;
(vii) 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
(viii) Doing any and all things necessary, proper or
expedient in connection with or pertaining to any or all of the
matters or things hereinbefore mentioned.
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.
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