{"data":{"id":"us-dc/d.c.-code-2-1217.33d","jurisdiction":"us-dc","citation":"D.C. Code § 2-1217.33d","heading":"Bond authorization.","body":"(a)\nThe Council approves and authorizes the issuance of one or more series of bonds in an aggregate principal amount not to exceed $46.5 million to fund the project. The bonds, which may be issued from time to time, in one or more series, shall be tax-exempt or taxable as the Mayor shall determine and shall be payable and secured as provided in § 2-1217.33e.\n\n(b)\nThe proceeds of the bonds shall be used as follows:\n(A)\nAn amount not to exceed $35 million may be used for payment of Development Costs of the project, other than costs described in subparagraph (B) of this paragraph.\n(B)\nAn amount not to exceed $11.5 million may be used to pay the financing costs incurred by the District or the Development Sponsor and to fund capitalized interest and required reserves.","path":["Title 2. Government Administration.","Chapter 12. Business and Economic Development.","Subchapter IX. Tax Increment Financing.","Part B. Identified Projects.","Subpart 3. City Market at O Street Project."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/2-1217.33d","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"577bd91335319a58da9b515c2efc998733e58677231edadc2a5865f34a2b97ad","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-2-1217.33c","next":"us-dc/d.c.-code-2-1217.33e"},"notice":"GroundRules: Original legal text. Not legal advice."}