Source: https://development.code.dccouncil.us/dc/council/code/sections/2-1217.31.html
Timestamp: 2019-04-21 08:36:20+00:00

Document:
D.C. Law Library - § 2–1217.31. Gallery Place Project tax and fee abatements.
↪ Chapter 12. Business and Economic Development.
↪ Subchapter IX. Tax Increment Financing.
↪ Part B. Identified Projects.
↪ Subpart 1. Gallery Place Project.
↪ § 2–1217.31. Gallery Place Project tax and fee abatements.
Subpart 1. Gallery Place Project.
Subpart 2. Mandarin Oriental Hotel Project.
§ 2–1217.31. Gallery Place Project tax and fee abatements.
(1) “Development Sponsor” means Gallery Place Holdings LLC, a Delaware limited liability company, and its successors and assigns.
(b) All fees to be paid, and any deposits to be made, by or on behalf of the Development Sponsor in connection with the Gallery Place Project under § 6-661.01 are hereby waived.
(c) The amount of all taxes, fees, and deposits exempt, abated, or waived under subsection (b) of this section, §§ 45-922(24), 47-902(17), 47-1002(26), and 47-2005(32), shall not exceed, in the aggregate, $7 million.
(d) In accordance with § 9-401.06 providing a permanent form of government for the District of Columbia the Mayor shall expend up to $2 million to improve and repair the streets, sewers, alleys, sidewalks, curbs, and gutters abutting the Gallery Place Project. All assessments upon abutting property for the cost of improvements to such streets, sewers, alleys, sidewalks, curbs, and gutters, including any expenses of assessment, shall be waived.
This section is referenced in § 42-1102, § 47-902, § 47-1002, and § 47-2005.
The subpart heading was added by the Codification Counsel as part of the codification of D.C. Law 20-110, §§ 21-211 as Subpart 5 of this part.

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