204 - Appointment of supervising agency.

§  204.  Appointment of supervising agency. The local legislative body  of a city is hereby authorized by general  ordinance  or  local  law  to  appoint,  establish or designate the chief financial officer of the city  or some other official or bureau, commission or agency as the person  or  body  to exercise the powers and perform the duties held by or incumbent  upon a supervising agency pursuant to this article, except that if there  is a board of estimate in the city no such appointment, establishment or  designation shall be made and the board of estimate shall exercise  such  powers  and  perform  such duties or may delegate one or more of them to  the chief financial officer of the  city  or  to  some  other  official,  bureau, commission or agency.