Source: https://development.code.dccouncil.us/dc/council/code/sections/47-351.05.html
Timestamp: 2019-04-21 00:51:03+00:00

Document:
D.C. Law Library - § 47–351.05. Competition for banking business.
↪ § 47–351.05. Competition for banking business.
(a) Except as otherwise provided by §§ 47-351.09, 47-351.10, and 47-351.11, the Mayor, or the CFO pursuant to § 47-351.02(c), shall select eligible financial institutions with which to conduct the banking business of the District based on the highest composite score for a bid. If 2 or more eligible financial institutions receive the highest composite score, the Mayor, or the CFO pursuant to § 47-351.02(c), shall select the eligible financial institution with the highest community development score calculated under § 47-351.07.
(2) Twenty percent based upon a community development score, calculated under § 47-351.07.
This section is referenced in § 47-351.10 and § 47-351.11.

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