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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 1-325.43: Bond authorization.

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Where this section sits in the code
  1. Title 1. Government Organization.
  2. Chapter 3. Specified Governmental Authority.
  3. Subchapter XI. Special Funds.
  4. Part E. Schools Modernization Fund.

(a)

Pursuant to § 1-204.90, the Mayor is authorized to issue bonds to assist in financing, refinancing, or reimbursing costs of undertakings by the District to accomplish the purposes of this part.

(b)

The Mayor shall submit and the Council shall approve, by resolution, the amount of bonds that shall be issued at any time for a project authorized by subsection (a) of this section that meets the criteria set forth in § 1-325.44. Each approval resolution shall state the aggregate principal amount of the bonds to be issued, and shall be accompanied by a description of each project showing its adherence to the criteria set forth in § 1-325.44.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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