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161
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HARRY HUGHES, Governor
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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;
(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.
SECTION 4. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety and having
been passed by a yea and nay vote supported by three-fifths of
all the members elected to each of the two Houses of the General
Assembly, the same shall take effect from the date of its
passage.
Approved April 12, 1983.
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CHAPTER 21
(House Bill 84)
AN ACT concerning
Baltimore City - Off-Street Parking 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 Six Million Dollars ($6,000,000.00),
the proceeds derived from the sale of the certificates of
indebtedness to 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 and all of the aforegoing acts or
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