GroundRules
D.C. Code § 2-1217.39n: Expiration of issuance authority.
Where this section sits in the code
- Title 2. Government Administration.
- Chapter 12. Business and Economic Development.
- Subchapter IX. Tax Increment Financing.
- Part B. Identified Projects.
- Subpart 9. Rhode Island Avenue Project.
(a)
The authority to issue the Class A and Class B Bonds, excluding Refunding Bonds, shall expire on September 30, 2025, if no Class A Bonds have been issued; provided, that the expiration of the authority shall have no effect on any bonds issued prior to the expiration date or on the District's ability to issue Refunding Bonds on a future date.
(b)
The authority to issue the Class B Bonds shall expire on September 30, 2029, if no Class B Bonds have been issued; provided, that the expiration of the authority shall have no effect on any bonds issued prior to the expiration date or on the District's ability to issue Refunding Bonds on a future date.
Collected 2026-08-29T05:44:07Z. Source file · JSON