To establish a Downtown Commercial District Management Authority within the City of Baltimore to do any or all of the following: promote or market the district; provide supplementary security and maintenance services; and provide amenities in public areas. To specify and modify the boundaries of the district but in no event outside the bounds of lines as follows:on the north, a line beginning at the Jones Falls Expressway, going west on Centre Street to Park Avenue, then north on Park Avenue to Read Street, then northwest on Read Street to Howard Street, then north on Howard Street to Martin Luther King Boulevard, then southwest on Martin Luther King Boulevard to Eutaw Street, then south on Eutaw Street to Franklin Street, then west to Greene Street; on the west, Greene Street and Russell Street; on the south, a line running generally westerly from Russell Street and Lee Street to Lee Street and Light Street, and then following Light Street to Key Highway, and then following Key Highway to Lawrence Street; and on the east, the Jones Falls Expressway and President Street. Notwithstanding subparagraph (i) of this paragraph, the district may include properties binding on either side of the boundaries authorized under this subsection. To specify the powers and functions which may be exercised and conducted by the Authority and the amount of benefit assessment charges which may be imposed on properties in the district. To specify the duration of the Authority. To provide for the imposition and collection of the taxes or charges, and for disbursement of the revenue therefrom to the Authority. The financial plan of the Authority, including its annual budget and its tax and fee schedule, shall be subject to approval by the Board of Estimates. Taxes and charges imposed under this paragraph may not exceed those proposed by the Authority. To determine the organization and method of initial appointment of board members of the Authority, the majority of the members of the board shall be owners or representatives of owners of properties in the district that are subject to taxes or charges under <cite data-path="II|§(61)">this section</cite>. As provided by ordinance, the Authority shall enter into a contract with the Baltimore Police Department to hire two officers of the Baltimore Police Department to exclusively patrol the 400 unit block of Baltimore Street and the unit block of Custom House Avenue between the hours of 10 p.m. and 3 a.m. on the Thursday, Friday, and Saturday of each week. As provided by ordinance, the Authority may have the power:to be a special tax district or special benefits assessment district and to conduct the functions which are assigned to it by the City. to acquire, hold and use property necessary to achieve its purposes. to make contracts; to sue and be sued. to accept grants. to borrow for purposes consistent with the public purposes of the Authority. to propose in its annual budget the taxes or charges on properties within the district. No such amounts shall be levied against residential property with fewer than four dwelling units. Property which is exempt under State law from ordinary property taxes shall be exempt from assessments by the district. Before adopting its proposed budget and before making its recommendation to the City, the Authority shall hold a public hearing on taxes or charges proposed for the district. The Authority shall publish notice of the hearing in a newspaper of general circulation in Baltimore City at least once a week for three consecutive weeks before the hearing. to do all things necessary or convenient to carry out its powers. to adopt, amend and modify by-laws, all of which shall be subject to the approval of the Board of Estimates. to establish and elect officers and provide for their terms and duties. to contract for and purchase goods and services, not subject to the City requirements regarding wage scales, competitive bidding or other local procurement laws; however the Authority shall be subject to City ordinances and City policy requiring achievement of goals regarding minority and women’s business enterprises. The Authority is subject to the following limitations:It is not permitted to exercise any police or general powers other than those authorized by State law and City ordinance. It may not pledge the full faith or credit of the City. It cannot extend its life and it cannot modify its boundaries without City Council approval. It cannot impose taxes, fees or assessments in excess of those approved by the Board of Estimates. It cannot exercise the power of eminent domain. Except as otherwise authorized by law, it cannot engage in competition with the private sector. Any fees, charges or taxes collected pursuant to <cite data-path="II|§(61)">this section</cite> shall be used only for the purposes authorized under <cite data-path="II|§(61)">this section</cite> and may not revert to the General Fund of the City. It may not be an agency of the City of Baltimore or the State of Maryland. Employees of the Authority shall reside in the City of Baltimore. Subject to the approval of the Board of Estimates, it shall provide an adjustment of any taxes and charges imposed on a specific property pursuant to <cite data-path="II|§(61)">this section</cite> based on the current rate of occupancy of the property. In adopting an ordinance, the City Council shall give consideration to the views of the property owners, the retail merchants, the hotels and motels, the property tenants, and the other members of the business community within the district. The Mayor and City Council shall review the effectiveness and desirability of continuing the existence of any district established under <cite data-path="II|§(61)">this section</cite> every 5 years from the enactment of the ordinance. The Mayor and City Council shall establish a fair and equitable process for the approval and adoption of an ordinance, under <cite data-path="II|§(61)">this section</cite>, by the property owners who are subject to taxes or charges in the district. Ch. 604, Acts of 1992 Ch. 36, Acts of 2022 Subsection (b)(1) was added by Chapter 36, Acts of 2022, effective July 1, 2022., Section 3 of Chapter 36 provides that the subsection “shall remain effective for a period of 5 years and, at the end of June 30, 2027, ... with no further action required by the General Assembly, shall be abrogated and of no further force and effect.”