<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 12-5 Powers generally.">
  <section prefix="§" num="12-5" heading="Powers generally.">
    <para num="(a)" heading="Charter authority.">The Commission is hereby granted full power and authority to exercise and perform any and all of the powers and authority granted to, and conferred upon, the Mayor and City Council of Baltimore by &lt;cite data-doc="City of Baltimore, Md., Charter" data-path="II|§(20)"&gt;Article II, § (20) of the City Charter&lt;/cite&gt;.</para>
    <para num="(b)" heading="Legislative authorizations.">The Commission is hereby granted full power and authority:<para num="(1)">to administer and supervise the proceeds derived from the sale of the certificates of indebtedness authorized to be issued by Chapter 28, Laws of Maryland 1948, Special Session, and Ordinance 48-338, approved by the Mayor on July 2, 1948, and by the voters of Baltimore City on November 2, 1948, including, but not limited to, the expenditure and disposition of such proceeds; and</para>
      <para num="(2)">to exercise all of the powers and perform all of the duties mentioned in Sections 2, 3, and 4, inclusive, of Chapter 28, Laws of Maryland 1948, Special Session, and Sections 4, 5, and 8, inclusive, of Ordinance 48-338, approved July 2, 1948, which were contemplated and intended to be exercised and performed by an agency of the Mayor and City Council of Baltimore to be created by it, all as provided in said Act and Ordinance.</para>
    </para>
    <annotation type="Prior Codifications">City Code, 1950, art. 38, §§74(a), 75</annotation>
    <annotation type="Prior Codifications">1966, art. 31, §§88(a), 89</annotation>
    <annotation type="Prior Codifications">1976/83, art. 31, §§64(a), 65</annotation>
    <annotation type="History">Ord. 48-134</annotation>
    <annotation type="History">Ord. 48-506</annotation>
    <annotation type="History">Ord. 74-584</annotation>
  </section>
</baltimore-city-law>
