32 chapters · 1,171 sections in this title.
D.C. Code § 2-1217.12 DC Ballpark TIF Area
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(a) Notwithstanding any other provision of this part, there is hereby created a TIF area denominated as the DC Ballpark TIF Area, the real property tax increment revenues and the sales tax increment revenues from which shall be allocated as provided in this section. The DC Ballpa…
D.C. Code § 2-1217.131 Definitions
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For the purposes of this subchapter, the term: (1) “Authorized Delegate” means the City Administrator, the Chief Financial Officer, the District of Columbia Treasurer, the Deputy Mayor for Planning and Economic Development, or any officer, employee, or agency of the executive off…
D.C. Code § 2-1217.132 Findings
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The Council finds that: (1) The Southwest Waterfront is a section of the District that requires financial assistance for its redevelopment because the scale of the project includes rebuilding the majority of the neighborhood and replacing existing infrastructure. The project will…
D.C. Code § 2-1217.133 Creation of the Southwest Waterfront Fund
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(a) There is established as a nonlapsing fund the Southwest Waterfront Fund. The Available Sales Tax Revenues, the Southwest Waterfront Special Assessment (if any), and the Southwest Waterfront PILOT Increment shall be deposited into the Southwest Waterfront Fund. The Chief Finan…
D.C. Code § 2-1217.134 Creation of the Southwest Waterfront PILOT/TIF Area
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(a) There is created the Southwest Waterfront PILOT/TIF Area, the Available Sales Tax Revenues from which shall be allocated as provided in this subchapter. (b) Beginning on the Commencement Date, the Available Sales Tax Revenues from the Southwest Waterfront PILOT/TIF Area shall…
D.C. Code § 2-1217.135 Bond authorization
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(a) The Council approves and authorizes the issuance of one or more series of bonds in an aggregate principal amount not to exceed $198 million. The bonds, which may be issued from time to time, in one or more series, shall be tax-exempt or taxable as the Mayor shall determine an…
D.C. Code § 2-1217.136 Payment and security
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(a) Except as may be otherwise provided in this subchapter, Debt Service shall be payable from proceeds received from the sale of the bonds, income realized from the temporary investment of those proceeds, receipts and revenues deposited into the Southwest Waterfront Fund, includ…
D.C. Code § 2-1217.137 Bond details
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(a) The Mayor is authorized to take any action reasonably necessary or appropriate in accordance with D.C. Law 17-252 in connection with the preparation, execution, issuance, sale, delivery, security for, and payment of the bonds of each series, including, but not limited to, det…
D.C. Code § 2-1217.138 Sale of the bonds
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(a) The bonds of any series may be sold at negotiated or competitive sale at, above, or below par, to one or more persons or entities, and upon terms that the Mayor considers to be in the best interests of the District. (b) The Mayor or an Authorized Delegate may execute, in conn…
D.C. Code § 2-1217.139 Financing and Closing Documents
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(a) The Mayor is authorized to prescribe the final form and content of all Financing Documents and all Closing Documents to which the District is a party that may be necessary or appropriate to issue, sell, and deliver the bonds. (b) The Mayor is authorized to execute, in the nam…
D.C. Code § 2-1217.140 Limited liability
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(a) The bonds shall be special obligations of the District. The bonds shall be without recourse to the District. The bonds shall not be general obligations of the District, shall not be a pledge of, or involve, the faith and credit or the taxing power of the District (other than …
D.C. Code § 2-1217.141 District officials
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(a) Except as otherwise provided in § 2-1217.140(c), the elected or appointed officials, officers, employees, or agents of the District shall not be liable personally for the payment of the bonds, be subject to any personal liability by reason of the issuance of the bonds, or be …
D.C. Code § 2-1217.142 Information reporting
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Within 3 days after the Mayor’s receipt of the transcript of proceedings relating to the issuance of the bonds, the Mayor shall transmit a copy of the transcript to the Secretary to the Council.
D.C. Code § 2-1217.143 Payment In Lieu of Taxes Act not to apply
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D.C. Law 17-252 shall apply notwithstanding the provisions of Part E of subchapter IV of Chapter 3 of Title 1.
D.C. Code § 2-1217.151 Affordable housing
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(a) Notwithstanding any other provision of law, § 2-1226.02(b) and any related provisions imposing any Affordable requirements shall not apply to any Residential Units in excess of 500 Residential Units that are to be constructed in the Mixed-Use Development on the Southwest Wate…
D.C. Code § 2-1217.31 Gallery Place Project tax and fee abatements
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(a) For the purposes of this section, the term: (1) “Development Sponsor” means Gallery Place Holdings LLC, a Delaware limited liability company, and its successors and assigns. (2) “Gallery Place Project” means the acquisition, construction, installing, and equipping of a mixed-…
D.C. Code § 2-1217.32 Mandarin Oriental Hotel Project fee deferral
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(a) For the purposes of this section, the term: (1) “Development Sponsor” means Portals Hotel Site, LLC, a Delaware limited liability company, and its successors and assigns. (2) “Mandarin Oriental Hotel Project” means the acquisition and initial development, construction, equipp…
D.C. Code § 2-1217.33a City Market at O Street — Definitions
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For the purposes of this subpart [§§ 2-1217.33a to 2-1217.33n], the term: (1) “Authorized Delegate” means the Deputy Mayor for Planning and Economic Development, the Chief Financial Officer, the Treasurer, or any officer or employee of the executive office of the Mayor to whom th…
D.C. Code § 2-1217.33b Creation of the City Market at O Street Fund
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(a) There is established as a nonlapsing fund the City Market at O Street Fund. The Chief Financial Officer shall deposit into the City Market at O Street Fund the Available Tax Increment and any other taxes or fees specifically designated by law for deposit in the City Market at…
D.C. Code § 2-1217.33c Creation of the City Market at O Street TIF Area
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(a) There is created a TIF area designated as the City Market at O Street TIF Area. The City Market at O Street TIF Area is defined as the real property located in Lots 829 and 830, Square 398. As provided under § 2-1217.33b, the Available Tax Increment from the City Market at O …
D.C. Code § 2-1217.33d Bond authorization
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(a) The Council approves and authorizes the issuance of one or more series of bonds in an aggregate principal amount not to exceed $46.5 million to fund the project. The bonds, which may be issued from time to time, in one or more series, shall be tax-exempt or taxable as the May…
D.C. Code § 2-1217.33e Payment and security
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(a) Except as may be otherwise provided in this subpart [§§ 2-1217.33a to 2-1217.33n], the principal of, premium, if any, and interest on, the bonds, and the payment of ongoing administrative expenses related to the bond financing shall be payable solely from proceeds received fr…
D.C. Code § 2-1217.33f Bond details
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(a) The Mayor is authorized to take any action reasonably necessary or appropriate in accordance with this subpart [§§ 2-1217.33a to 2-1217.33n] in connection with the preparation, execution, issuance, sale, delivery, security for, and payment of the bonds of each series, includi…
D.C. Code § 2-1217.33g Issuance of the bonds
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(a) The bonds of any series may be sold at negotiated or competitive sale at, above, or below par, to one or more persons or entities, or issued to the Development Sponsor, and upon terms that the Mayor considers to be in the best interests of the District. (b) The Mayor or an Au…
D.C. Code § 2-1217.33h Financing and Closing Documents
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(a) The Mayor is authorized to prescribe the final form and content of all Financing Documents and all Closing Documents to which the District is a party that may be necessary or appropriate to issue, sell, and deliver the bonds. (b) The Mayor is authorized to execute, in the nam…
D.C. Code § 2-1217.33i Limited liability
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(a) The bonds shall be special obligations of the District. The bonds shall be without recourse to the District. The bonds shall not be general obligations of the District, shall not be a pledge of, or involve, the faith and credit or the taxing power of the District (other than …
D.C. Code § 2-1217.33j District officials
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(a) Except as otherwise provided in § 2-1217.33i(c), the elected or appointed officials, officers, employees, or agents of the District shall not be liable personally for the payment of the bonds or be subject to any personal liability by reason of the issuance of the bonds, or f…
D.C. Code § 2-1217.33k Maintenance of documents
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Copies of the specimen bonds and of the final Financing Documents and Closing Documents shall be filed in the Office of the Secretary of the District of Columbia.
D.C. Code § 2-1217.33l Information reporting
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Within 3 days after the Mayor’s receipt of the transcript of proceedings relating to the issuance of the bonds, the Mayor shall transmit a copy of the transcript to the Secretary to the Council.
D.C. Code § 2-1217.33m Grant authorization
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The Mayor may make a grant to the Development Sponsor in an amount not to exceed $2.5 million to assist in paying costs for architectural, engineering, design and consulting, and financial and legal services, and the costs related to the preparation of feasibility studies, plans,…
D.C. Code § 2-1217.33n Applicability
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Repealed Repealed.
D.C. Code § 2-1217.34a Howard Theatre Redevelopment Project — Definitions
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For the purposes of this subpart [§§ 2-1217.34a to 2-1217.34n], the term: (1) “Authorized Delegate” means the City Administrator, the Deputy Mayor for Planning and Economic Development, the Chief Financial Officer, the District of Columbia Treasurer, or any officer or employee of…
D.C. Code § 2-1217.34b Creation of the Howard Theatre Redevelopment Project Fund
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(a) There is established as a nonlapsing fund the Howard Theatre Redevelopment Project Fund, which shall be used solely as provided in subsection (d) of this section. The Chief Financial Officer shall deposit into the Howard Theatre Redevelopment Project Fund the Available Tax In…
D.C. Code § 2-1217.34c Creation of the Howard Theatre Redevelopment Project TIF Area
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There is hereby established the Howard Theatre Redevelopment Project TIF Area, which shall consist of the following real property: (1) Lot 90, Square 441 (with a street address of 620 T Street, N.W.); (2) Lot 807, Square 441 (with a street address of 1830 Wiltberger Street, N.W.)…
D.C. Code § 2-1217.34d Bond authorization
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(a) The Council approves and authorizes the issuance of one or more series of Bonds in an aggregate amount not to exceed $4 million to fund costs of the Howard Theatre Redevelopment Project, including Development Costs, the financing costs and costs of issuance, capitalized inter…
D.C. Code § 2-1217.34e Bond details
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(a) The Mayor may take any action reasonably necessary or appropriate in accordance with this subpart [§§ 2-1217.34a to 2-1217.34n] in connection with the preparation, execution, issuance, sale, delivery, security for, and payment of the Bonds of each series, including, but not l…
D.C. Code § 2-1217.34f Issuance of the Bonds
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(a) The Bonds of any series may be sold at negotiated upon terms that the Mayor considers to be in the best interests of the District. (b) The Bonds also may be issued as a TIF note to the Development Sponsor and may be held and used as security for debt incurred or to be incurre…
D.C. Code § 2-1217.34g Payment and security
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(a) Except as may be otherwise provided in this subpart [§§ 2-1217.34a to 2-1217.34n], the principal of, premium, if any, on, and interest on, the Bonds shall be payable solely from proceeds received from the sale of the Bonds, income realized from the temporary investment of tho…
D.C. Code § 2-1217.34h Financing and Closing Documents
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(a) The Mayor is authorized to prescribe the final form and content of all Financing Documents and all Closing Documents to which the District is a party that may be necessary or appropriate to issue, sell, and deliver the Bonds. (b) The Mayor is authorized to execute, in the nam…
D.C. Code § 2-1217.34i Limited liability
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(a) The Bonds shall be special obligations of the District. The Bonds shall be without recourse to the District. The Bonds shall not be general obligations of the District, shall not be a pledge of, or involve, the faith and credit or the taxing power of the District (other than …
D.C. Code § 2-1217.34j District officials
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(a) Except as otherwise provided in § 2-1217.34i(c), the elected or appointed officials, officers, employees, or agents of the District shall not be liable personally for the payment of the Bonds or be subject to any personal liability by reason of the issuance of the Bonds, or f…
D.C. Code § 2-1217.34k Maintenance of documents
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Copies of the specimen Bonds and of the final Financing Documents and Closing Documents shall be filed in the Office of the Secretary of the District of Columbia.
D.C. Code § 2-1217.34l Information reporting
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Within 3 days after the Mayor’s receipt of the transcript of proceedings relating to the issuance of the Bonds, the Mayor shall transmit a copy of the transcript to the Secretary to the Council.
D.C. Code § 2-1217.34m Authority of the Chief Financial Officer
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Notwithstanding any other provision of this subpart [§§ 2-1217.34a to 2-1217.34n], any action taken by the Mayor to implement the provisions of this subpart [§§ 2-1217.34a to 2-1217.34n] shall be consistent with the Chief Financial Officer’s authority under § 1-204.24d.
D.C. Code § 2-1217.34n Fiscal impact of issuance
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For the purposes of determining the fiscal impact of this subpart [§§ 2-1217.34a to 2-1217.34n], the Bonds shall be deemed to be issued under the authority of subchapter IX-A of this chapter [§ 2-1217.71 et seq.], as a project within the 7th Street/Georgia Avenue, N.W., Retail Pr…
D.C. Code § 2-1217.35a Definitions
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For purposes of this subpart, the term: (1) “Authorized Delegate” means the Deputy Mayor for Planning and Economic Development, the Chief Financial Officer, the Treasurer, or any officer, or employee of the executive office of the Mayor to whom the Mayor has delegated any of the …
D.C. Code § 2-1217.35b Creation of the Skyland TIF Fund
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(a) There is established as a nonlapsing fund the Skyland TIF Fund. The Chief Financial Officer shall deposit into the Skyland TIF Fund the Available Tax Increment and any other taxes or fees specifically designated by law for deposit in the Skyland TIF Fund. (b) The Mayor may pl…
D.C. Code § 2-1217.35c Creation of the Skyland TIF Area; Available Sales Tax Revenues base year determinations
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(a) There is created a TIF area designated as the Skyland TIF Area. The Skyland TIF Area is defined as the real property located in Square 5632, Lot 0001; Square 5632, Lot 0003; Square 5632, Lot 0004; Square 5632, Lot 0005; Square 5632, Lot 0802; Square 5633, Lot 0800; Square 563…
D.C. Code § 2-1217.35d Bond authorization
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The Council approves and authorizes the issuance of one or more series of Bonds in an aggregate principal amount not to exceed $40 million to fund the project. The Bonds, which may be issued from time to time, in one or more series, shall be tax-exempt or taxable as the Mayor sha…
D.C. Code § 2-1217.35e Payment and security
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(a) Except as otherwise provided in this subpart, the principal of, premium, if any, and interest on, the Bonds, and the payment of ongoing administrative expenses related to the bond financing shall be payable solely from proceeds received from the sale of the Bonds, income real…