EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL
(Charter Amendment)
Introduced by: Councilmembers Harris and Clarke
A RESOLUTION ENTITLED
A RESOLUTION OF THE MAYOR AND CITY COUNCIL concerning
Title
Charter Amendment - Proceeds of School Property
FOR the purpose of dedicating proceeds from the sale of school property to the use and benefit of the Baltimore City Public School System; correcting, clarifying, and conforming certain language; and submitting this amendment to the qualified voters of the City for adoption or rejection.
Body
BY proposing an amendment to
Article V - Comptroller
Section(s) 6
Baltimore City Charter
(1996 Edition)
SECTION 1. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the City Charter is proposed to be amended to read as follows:
Baltimore City Charter
Article V. Comptroller
§ 6. Real Property Account.
(A) Except as may be otherwise provided by ordinance with regard to the exercise by the City of the powers granted to it in ARTICLE II, [subsection] § (15) and [subsection] § (15A) [of Article II], the Comptroller shall cause to be credited to an account [to be] known as the "Mayor and City Council Real Property Account", the proceeds from the sale by the City of any real or leasehold property or interest [therein] IN EITHER.
(B) [Moneys] MONEY received from [such] THESE sales [shall] MAY be appropriated in the Ordinance of Estimates only for:
(1) the purchase of land...
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