1034                           LAWS OF MARYLAND                      [CH. 443

Sec. 4. And be it further enacted, That The Off-Street Parking
Commission of Baltimore City is hereby vested with full power to
administer and supervise the proceeds derived from the sale of the
bonds, including, but not limited to, the expenditure and disposi-
tion thereof. The Commission may appoint a Secretary who shall
perform such duties as may be imposed upon him by ordinance of
the Mayor and City Council of Baltimore or as may be assigned to
him by the Commission, and appoint, employ, hire or engage such
assistants, aides and employees as may be deemed necessary for
the proper performance of the duties of the Commission. The com-
pensation of said Secretary and other assistants, aides and em-
ployees shall be subject to the approval of the Board of Estimates
of the Mayor and City Council of Baltimore and shall be paid as
provided in the annual Ordinance of Estimates of said municipality.
The Commission, with the prior approval of the Board of Estimates,
may employ or hire, from time to time, by contract, consulting,
planning or designing engineers or architects or other persons pos-
sessing technical or specialized skills in connection with the duties
and powers of the Commission. The Commission shall exercise all
powers and authority conferred upon it in accordance with the
provisions of the Charter of the Mayor and City Council of Balti-
more as it is now constituted or as it hereafter may be amended.

Sec. 5. And be it further enacted, That:

(a)   No part of the proceeds of sale of the bonds hereby authorized
to be issued shall be expended until after The Off-Street Parking
Commission of Baltimore City has submitted its written recom-
mendation, which shall set forth the purposes for, and the terms and
conditions upon, which each particular sum of money is to be ex-
pended, to the Board of Estimates of the Mayor and City Council
of Baltimore and such recommendation has been approved by said
Board of Estimates.

(b)   In addition, no part of the proceeds of sale of the bonds hereby
authorized to be issued shall be expended for actually constructing,
erecting, altering, expanding, enlarging, improving or equipping any
building, structure or facility on, under or in any land or property,
regardless of who owns or otherwise holds or controls any such land
or property, for storing, parking and servicing self-propelled vehicles
(as distinguished from funds which are necessary to be expended
in connection with the acquisition of land or property or the prepara-
tion of plans or the employment of assistants, aides and employees
of The Off-Street Parking Commission of Baltimore City or other
matters or things which are usually and generally preliminary to
the commencement of actual construction work) until after the
municipal corporation, with the approval of its Board of Estimates,
shall have entered into a binding contract with a private, public or
quasi-public corporation, partnership, association, person or other
legal entity secured to the satisfaction of the said Board of Estimates,
under the terms of which the Mayor and City Council of Baltimore
will be reimbursed for at least all expenditures of money made by
it in connection with the particular project involved, and for all
interest charges paid or to be paid by the Mayor and City Council
of Baltimore on all funds borrowed by it and expended in connection
with the particular project involved, and for all estimated real estate
taxes that the Mayor and City Council of Baltimore will lose as a
result of it acquiring any land or property involved in the particular