GroundRules
D.C. Code § 47-398.05: Limitation on amount of borrowing financed by arena tax.
Where this section sits in the code
- Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
- Chapter 3. Budget and Financial Management; Borrowing; Deposit of Funds.
- Subchapter VIII. District of Columbia Convention Center and Sports Arena Authorization.
Notwithstanding any other provision of law, the amount of borrowing associated with the arena development and construction costs, including, but not limited to, land acquisition, construction, predevelopment, off-site infrastructure, and financing for capital interest and principal, may not exceed $61 million, to be paid from proceeds of the arena tax, established pursuant to § 47-2751 et seq.
Collected 2026-08-29T05:44:07Z. Source file · JSON