Marvin Mandel, Governor                         423

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 disposition
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 compensa-
tion of said Secretary and other assistants, aides and employees 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 Commis-
sion, 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 possessing techni-
cal 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 Baltimore 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 author-
ized 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
expended, 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 con-
structing, 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 prop-
erty or the preparation of plans or the employment of assistants,
aides and employees of The Off-Street Parking Commission of Balti-
more 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 ex-
pended 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