Source: https://development.code.dccouncil.us/dc/council/code/sections/34-1313.11.html
Timestamp: 2019-04-21 01:02:15+00:00

Document:
D.C. Law Library - § 34–1313.11. Use of DDOT Underground Electric Company Infrastructure Improvements.
↪ Subchapter III. Commission Authorizations.
↪ Part B. Selection and Construction of Underground Infrastructure Improvement Projects.
↪ § 34–1313.11. Use of DDOT Underground Electric Company Infrastructure Improvements.
§ 34–1313.12. Content of an application to amend an Underground Infrastructure Improvement Projects Plan and financing order.
§ 34–1313.11. Use of DDOT Underground Electric Company Infrastructure Improvements.
(a) Upon completion of construction by DDOT and acceptance by the electric company, the District shall transfer legal title to the DDOT Underground Electric Company Infrastructure Improvements to the electric company for the sum of one dollar.
(b) DDOT Underground Electric Company Infrastructure Improvements shall be for exclusive use by the electric company. The electric company shall not earn a return on or of investment with respect to the DDOT Underground Electric Company Infrastructure Improvements transferred to the electric company as provided in this section. Taxes and fees, if any, on the transfer shall be recoverable by the electric company in rates as approved by the Commission.
(4) Use tax imposed under § 47-2202.
For temporary (90 days) amendment of this section, see § 2(l) of Electric Company Infrastructure Improvement Financing Emergency Amendment Act of 2017 (D.C. Act 22-56, May 17, 2017, 64 DCR 4909).

References: § 34
 § 34

§ 34

§ 34
 § 47
 § 2