§ 46-3. Contribution rate.

(a) In lieu of reforestation or afforestation.

A person permitted by § 46-2 of this subtitle to contribute to this fund in lieu of reforestation or afforestation shall make a payment to the Baltimore City Conservation Fund of $60,000 per acre of the area requiring planting or at a rate determined and adjusted periodically by the Planning Commission and approved by the Board of Estimates.

(b) In lieu of specimen tree mitigation.

A person permitted by § 46-2 of this subtitle to contribute to this fund in lieu of specimen tree mitigation shall make a payment to the Baltimore City Conservation Fund of $300 per inch of required mitigation, or at a rate as determined and adjusted periodically by the Planning Commission and approved by the Board of Estimates.