3184                                             LAWS OF MARYLAND                                        Ch. 645

CONNECTION WITH THE PURCHASE OR ACQUISITION OF LEASEHOLD OR FEE
SIMPLE INTERESTS IN BUILDINGS OR STRUCTURES, AND FOR

CONSTRUCTION, RECONSTRUCTION, ERECTION, DEVELOPMENT,

REHABILITATION, RENOVATION, REDEVELOPMENT, OR IMPROVEMENT OF
BUILDINGS OR STRUCTURES, LOCATED WITHIN THE BOUNDARIES OF
BALTIMORE CITY, WHICH BUILDINGS OR STRUCTURES ARE TO BE USED OR
OCCUPIED FOR COMMERCIAL PURPOSES;

(E) TO MAKE OR CONTRACT TO MAKE FINANCIAL LOANS TO ANY
PERSON OR OTHER LEGAL ENTITY TO BE USED FOR OR IN CONNECTION WITH
THE PURCHASE, ACQUISITION, CONSTRUCTION, ERECTION, OR DEVELOPMENT
OF BUILDINGS OR STRUCTURES, INCLUDING ANY LAND NECESSARY
THEREFOR, WITHIN THE BOUNDARIES OF BALTIMORE CITY, WHICH
BUILDINGS OR STRUCTURES ARE TO BE USED OR OCCUPIED FOR
RESIDENTIAL PURPOSES;

(F) TO GUARANTEE OR INSURE FINANCIAL LOANS MADE BY THIRD
PARTIES TO ANY PERSON OR OTHER LEGAL ENTITY WHICH ARE TO BE USED
FOR OR IN CONNECTION WITH THE PURCHASE, ACQUISITION,
CONSTRUCTION, ERECTION, OR DEVELOPMENT OF BUILDINGS OR
STRUCTURES, INCLUDING ANY LAND NECESSARY THEREFOR, WITHIN THE
BOUNDARIES OF BALTIMORE CITY, WHICH BUILDINGS OR STRUCTURES ARE
TO BE USED OR OCCUPIED FOR RESIDENTIAL PURPOSES;

(G) TO MAKE OR CONTRACT TO MAKE FINANCIAL LOANS TO ANY
PERSON OR OTHER LEGAL ENTITY TO BE USED FOR OR IN CONNECTION WITH
THE PURCHASE, ACQUISITION, CONSTRUCTION, RECONSTRUCTION,
ERECTION, DEVELOPMENT, REDEVELOPMENT, REHABILITATION, RENOVATION,
MODERNIZATION, OR IMPROVEMENT OF BUILDINGS OR STRUCTURES,
INCLUDING ANY LAND NECESSARY THEREFOR, WITHIN THE BOUNDARIES OF
BALTIMORE CITY, WHICH BUILDINGS OR STRUCTURES ARE TO BE USED OR
OCCUPIED FOR INDUSTRIAL PURPOSES; AND

(H) TO GUARANTEE OR INSURE FINANCIAL LOANS MADE BY THIRD
PARTIES TO ANY PERSON OR OTHER LEGAL ENTITY WHICH ARE TO BE USED
FOR OR IN CONNECTION WITH THE PURCHASE, ACQUISITION,

CONSTRUCTION, RECONSTRUCTION, ERECTION, DEVELOPMENT,

REDEVELOPMENT, REHABILITATION, RENOVATION, MODERNIZATION, OR
IMPROVEMENT OF BUILDINGS OR STRUCTURES, INCLUDING ANY LAND
NECESSARY THEREFOR, WITHIN THE BOUNDARIES OF BALTIMORE CITY,
WHICH BUILDINGS OR STRUCTURES ARE TO BE USED OR OCCUPIED FOR
INDUSTRIAL PURPOSES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984.

Approved May 29, 1984.