{"data":{"id":"us-dc/d.c.-code-2-1217.04","jurisdiction":"us-dc","citation":"D.C. Code § 2-1217.04","heading":"Approval by the Council.","body":"Upon completion of negotiations with the development sponsor, the CFO may certify the project and submit such certification and the proposed resolution referred to in § 2-1217.03(d) to the Mayor.  If the Mayor determines that the resolution is consistent with the requirements of this section, the Mayor shall transmit to the Council a proposed resolution to approve the project, the TIF area, the development agreement, and the amount to be financed. The proposed resolution shall define the TIF area for the eligible project, a summary description of the eligible project and its compliance with the criteria, a listing of the public benefits to be derived from the eligible project, portion of real property tax or sales revenues increment to be allocated to the project; and a summary of the terms of the TIF bonds to be issued with respect to the project.  The Council shall approve or disapprove the proposed resolution within 45 days.","path":["Title 2. Government Administration.","Chapter 12. Business and Economic Development.","Subchapter IX. Tax Increment Financing.","Part A. General."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/2-1217.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"eb3169d8bbf9cea4ce0490de3490c396787c69375263ce4e5bcfb73940ffd4c3","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-2-1217.03","next":"us-dc/d.c.-code-2-1217.05"},"notice":"GroundRules: Original legal text. Not legal advice."}