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<baltimore-city-law heading="§ 1-18 Oversight by Board of Estimates.">
  <section prefix="§" num="1-18" heading="Oversight by Board of Estimates.">
    <para num="(a)" heading="In general.">The Board of Estimates shall have the following powers with regard to the District and the Authority.</para>
    <para num="(b)" heading="Establishment of full Board.">The full Board of the Authority proposed by the interim Board in accordance with &lt;cite data-path="|14|§1-7"&gt;§ 1-7 of this subtitle&lt;/cite&gt; shall be subject to the approval of the Board of Estimates.</para>
    <para num="(c)" heading="Financial Plan; rates and charges.">
      <para num="(1)">The Financial Plan and the schedule of rates and charges shall be subject to the approval of the Board of Estimates.</para>
      <para num="(2)">Beginning with the Financial Plan for Fiscal 1994, the Board of the Authority shall submit such materials at least 2 months prior to the proposed effective date of a budget or Supplemental Tax.</para>
      <para num="(3)">In considering a proposed budget and schedule of taxes and charges, the Board of Estimates shall not have the power to exceed or increase either the budget or the schedule of taxes, rates, and charges beyond those proposed by the Authority.</para>
    </para>
    <para num="(d)" heading="Occupancy-based adjustments.">The Board of Estimates shall review and consider any request by the Authority regarding adjustments to reflect existing occupancy of properties.  Such adjustments shall be matters of policy and not decisions on specific properties.</para>
    <para num="(e)" heading="Bylaws.">The Board of Estimates shall review and approve the initial bylaws of the Authority and any proposed amendments thereto.</para>
    <para num="(f)" heading="Approval and renewal process.">The Board of Estimates shall be the final arbiter and decision maker regarding the approval and renewal process for the District specified in this subtitle.</para>
    <annotation type="History">Ord. 92-057</annotation>
  </section>
</baltimore-city-law>
