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<baltimore-city-law heading="§ 16-2 Comprehensive inventory required.">
  <section prefix="§" num="16-2" heading="Comprehensive inventory required.">
    <para num="(a)" heading="Comptroller and Director of Finance to maintain.">The Comptroller and the Director of Finance must maintain jointly a comprehensive inventory of City-owned real property, which must be updated quarterly to reflect acquisitions and dispositions.</para>
    <para num="(b)" heading="Information required.">For each parcel of property, the inventory must provide the following information:<para num="(1)">a street address or, if there is no street address, a description sufficient to identify the location of the property;</para>
      <para num="(2)">the date when the City acquired or took possession of the property;</para>
      <para num="(3)">the purchase price paid by the City;</para>
      <para num="(4)">the name of the grantor; and</para>
      <para num="(5)">an estimate of the market value of the property, which must be updated every 3 years.</para>
    </para>
    <para num="(c)" heading="Agencies to cooperate.">All City agencies that own, acquire, or dispose of real property must comply with requests of the Comptroller and the Director of Finance in maintaining the inventory.</para>
    <para num="(d)" heading="Inventory open to public inspection.">The inventory must be posted online for public inspection.</para>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 5, §2A</annotation>
    <annotation type="History">Ord. 97-144</annotation>
    <annotation type="History">Ord. 21-032</annotation>
    <annotation type="Editor's Notes">Subsection (d) was amended by Ordinance 21-032, effective January 10, 2022, to require posting the inventory online (rather than, as has been the practice, “kept in the office of the Comptroller” and only open for public inspection “during regular office business hours”). Cf.  Editor’s Note to the preceding § 16-1.</annotation>
  </section>
</baltimore-city-law>
