GroundRules
D.C. Code § 10-1221.07: Issuance of the bonds.
Where this section sits in the code
- Title 10. Parks, Public Buildings, Grounds, and Space.
- Chapter 12. Washington Convention and Sports Authority.
- Subchapter II. New Convention Center Hotel Financing.
(a)
The bonds shall be issued as a TIF note to the Authority and may be held and used as security for bonds to be issued by the Authority.
(b)
The bonds shall not be issued until the Mayor receives an approving opinion from Bond Counsel as to the validity of the bonds and, if the interest on the bonds is expected to be exempt from federal income taxation, the treatment of the interest on the bonds for purposes of federal income taxation.
Collected 2026-08-29T05:44:07Z. Source file · JSON