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157
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HARRY HUGHES, Governor
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CHAPTER 20
(House Bill 83)
AN ACT concerning
Baltimore City - Recreation and Parks 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 One Million Five Hundred Thousand
Dollars ($1,500,000.00), the proceeds derived from the sale
of the certificates of indebtedness to be used for the
acquisition, by purchase or condemnation or any other legal
means, of land or property in the City of Baltimore and
establishing thereon or therein, or on or in land or
property now or hereafter owned by the Mayor and City
Council of Baltimore, new parks, playgrounds, playfields,
playlots, recreational centers or recreational buildings;
and for the design, redesign, development, redevelopment and
improvement of park, school and other properties now or
hereafter owned by the Mayor and City Council of Baltimore
for park or recreational purposes; and for the acquisition,
construction, reconstruction, installation, erection,
protection, extension, enlargement, renovation or
modernization of, and additions to, public park or
recreational buildings, structures or facilities, including,
but not limited to, the zoo located in Druid Hill Park; and
for the acquisition and installation of equipment for any
and all new facilities authorized to be constructed, erected
or established under the provisions hereof, and for 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; provided, however, that no
part of such proceeds shall be used to pay costs not
directly related to and required for the acquisition,
construction, or completion of a specific physical
improvement and the initial equipping thereof; 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; 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:
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