reglab/housing_qa huggingface dataset:
DC Code § 2-1217.34m (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 4 - Howard Theatre Redevelopment Project|§ 2-1217.34m. Authority of the Chief Financial Officer

Notwithstanding any other provision of this subpart [§§ 2-1217.34a to 2-1217.34n], any action taken by the Mayor to implement the provisions of this subpart [§§ 2-1217.34a to 2-1217.34n] shall be consistent with the Chief Financial Officer’s authority under § 1-204.24d.  (Dec. 7, 2010, D.C. Law 18-275, § 14, 57 DCR 9873.)  Emergency Legislation For temporary (90 day) addition, see § 14 of Howard Theatre Redevelopment project Great Streets Initiative Tax Increment Financing Emergency Act of 2010 (D.C. Act 18-516, August 3, 2010, 57 DCR 7971). For temporary (90 day) addition, see § 14 of Howard Theatre Redevelopment Project Great Streets Initiative Tax Increment Financing Congressional Review Emergency Act of 2010 (D.C. Act 18-573, October 19, 2010, 57 DCR 10090).
DC Code § 2-1217.34n (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 4 - Howard Theatre Redevelopment Project|§ 2-1217.34n. Fiscal impact of issuance

For the purposes of determining the fiscal impact of this subpart [§§ 2-1217.34a to 2-1217.34n], the Bonds shall be deemed to be issued under the authority of subchapter IX-A of this chapter [§ 2-1217.71 et seq.], as a project within the 7th Street/Georgia Avenue, N.W., Retail Priority Area established pursuant to the Great Streets Neighborhood Retail Priority Areas Approval Resolution of 2007, effective July 10, 2007 (Res. 17-257; 54 DCR 7194 ).  (Dec. 7, 2010, D.C. Law 18-275, § 15, 57 DCR 9873.)  Emergency Legislation For temporary (90 day) addition, see § 15 of Howard Theatre Redevelopment project Great Streets Initiative Tax Increment Financing Emergency Act of 2010 (D.C. Act 18-516, August 3, 2010, 57 DCR 7971).
DC Code § 2-1217.35b (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35b. Creation of the Skyland TIF Fund

(a) There is established as a nonlapsing fund the Skyland TIF Fund. The Chief Financial Officer shall deposit into the Skyland TIF Fund the Available Tax Increment and any other taxes or fees specifically designated by law for deposit in the Skyland TIF Fund. (b) The Mayor may pledge and create a security interest in the funds in the Skyland TIF Fund, or any sub-account within the Skyland TIF Fund, for the payment of debt service on the Bonds without further action by the Council as permitted by § 1-204.90. The payment of debt service shall be made in accordance with the provisions of the Financing Documents entered into by the District in connection with the issuance of the Bonds. (c) If, at the end of any fiscal year of the District, the balance of cash and investments in the Skyland TIF Fund exceeds the amount of debt service (including prepayment of principal and interest), reserves on any Bonds, and any approved bond-related administrative expenses during the upcoming fiscal year, the excess shall be transferred to the unrestricted balance of the General Fund of the District of Columbia.  (June 21, 2014, D.C. Law 20-110, § 201, 61 DCR 4315.)
DC Code § 2-1217.35d (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35d. Bond authorization

The Council approves and authorizes the issuance of one or more series of Bonds in an aggregate principal amount not to exceed $40 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 §  2-1217.35e(c). The proceeds of the Bonds shall be used to pay Development Costs of the project and the financing costs incurred by the District or the Development Sponsor and to fund capitalized interest and required reserves.  (June 21, 2014, D.C. Law 20-110, § 203, 61 DCR 4315.)
DC Code § 2-1217.35e (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35e. Payment and security

(a) Except as otherwise provided in this subpart, the principal of, premium, if any, and interest on, the Bonds, and the payment of ongoing administrative expenses related to the bond financing shall be payable solely from proceeds received from the sale of the Bonds, income realized from the temporary investment of those proceeds, receipts and revenues realized by the District from the Skyland TIF Fund, income realized from the temporary investment of those receipts and revenues prior to payment to the Bond owners, and other funds that, as provided in the Financing Documents, may be made available to the District for payment of the Bonds from sources other than the District, all as provided for in the Financing Documents. (b) There is further allocated to the payment of debt service on the Bonds the Available Increment, subordinate to the allocation of Available Increment to the Budgeted Reserve, as defined in the Reserve Agreement, all as more fully described in the Reserve Agreement and to the extent that the Reserve Agreement continues to apply to the Available Increment, to be used for the payment of debt service on the Bonds to the extent that the revenues allocated in subsection (a) of this section are inadequate to pay debt service on the Bonds. The allocation of the Available Increment authorized by this subsection shall be made in compliance with all existing contractual obligations of the District with respect to the Available Increment and shall terminate on the date on which all of the Bonds are paid or provided for and are no longer outstanding pursuant to their terms. (c) Payment of the Bonds shall be secured as provided in the Financing Documents and by an assignment by the District for the benefit of the Bond owners of certain of its rights under the Financing Documents and Closing Documents to the trustee for the Bonds pursuant to the Financing Documents. (d) The trustee or paying agent is authorized to deposit, invest, and disburse the proceeds received from the sale of the Bonds pursuant to the Financing Documents.  (June 21, 2014, D.C. Law 20-110, § 204, 61 DCR 4315.)
DC Code § 2-1217.35g (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35g. Issuance of the Bonds

(a) The Bonds of any series may be sold at negotiated or competitive sale at, above, or below par, to one or more persons or entities, or issued to the Development Sponsor, and upon terms that the Mayor considers to be in the best interests of the District. (b) The Mayor or an Authorized Delegate may execute, in connection with each sale of the Bonds, offering documents on behalf of the District, may deem final any such offering document on behalf of the District for purposes of compliance with federal laws and regulations governing such matters, and may authorize the distribution of the documents in connection with the Bonds. (c) The Mayor is authorized to deliver executed and sealed Bonds, on behalf of the District, for authentication, and, after the Bonds have been authenticated, to deliver the Bonds to the original purchasers of the Bonds upon payment of the purchase price. (d) The Bonds shall not be issued until the Mayor receives an approving opinion from Bond Counsel as to the validity of the Bonds of such series and, if the interest on the Bonds is expected to be exempt from federal income taxation, the treatment of the interest on the Bonds for purposes of federal income taxation. (e) Chapter 3A of this title [§  2-351.01 et seq.] and subchapter III-A of Chapter 3 of Title 47 shall not apply to any contract the Mayor may from time to time enter into, or determine to be necessary or appropriate, for the purposes of this subpart.  (June 21, 2014, D.C. Law 20-110, § 206, 61 DCR 4315.)
DC Code § 2-1217.35h (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35h. Financing and Closing Documents

(a) The Mayor is authorized to prescribe the final form and content of all Financing Documents and all Closing Documents to which the District is a party that may be necessary or appropriate to issue, sell, and deliver the Bonds. (b) The Mayor is authorized to execute, in the name of the District and on its behalf, the Financing Documents and any Closing Documents to which the District is a party by the Mayor’s manual or facsimile signature. (c) If required, the official seal of the District, or a facsimile of it, shall be impressed, printed, or otherwise reproduced on the Bonds, the other Financing Documents, and the Closing Documents to which the District is a party. (d) The Mayor’s execution and delivery of the Financing Documents and the Closing Documents to which the District is a party shall constitute conclusive evidence of the Mayor’s approval, on behalf of the District, of the final form and content of the executed Financing Documents and the executed Closing Documents. (e) The Mayor is authorized to deliver the executed and sealed Financing Documents and Closing Documents, on behalf of the District, prior to or simultaneously with the issuance, sale, and delivery of the Bonds, and to ensure the due performance of the obligations of the District contained in the executed, sealed, and delivered Financing Documents and Closing Documents.  (June 21, 2014, D.C. Law 20-110, § 207, 61 DCR 4315.)
DC Code § 2-1217.35i (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35i. Limited liability

(a) The Bonds shall be special obligations of the District. The Bonds shall be without recourse to the District. The Bonds shall not be general obligations of the District, shall not be a pledge of, or involve, the faith and credit or the taxing power of the District (other than the Available Tax Increment, the Available Increment, and any other taxes or fees allocated to the Skyland TIF Fund), shall not constitute a debt of the District, and shall not constitute lending of the public credit for private undertakings as prohibited in §  1-206.02(a)(2). (b) The Bonds shall not give rise to any pecuniary liability of the District and the District shall have no obligation with respect to the purchase of the Bonds. (c) No person, including, but not limited to, any Bond owner, shall have any claims against the District or any of its elected or appointed officials, officers, employees, or agents for monetary damages suffered as a result of the failure of the District to perform any covenant, undertaking, or obligation under this subpart, the Bonds, the Financing Documents, or the Closing Documents, or as a result of the incorrectness of any representation in or omission from the Financing Documents or the Closing Documents, unless the District or its elected or appointed officials, officers, employees, or agents have acted in a willful and fraudulent manner.  (June 21, 2014, D.C. Law 20-110, § 208, 61 DCR 4315.)
DC Code § 2-1217.35j (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35j. District officials

(a) Except as otherwise provided in §  2-1217.35i(c), the elected or appointed officials, officers, employees, or agents of the District shall not be liable personally for the payment of the Bonds or be subject to any personal liability by reason of the issuance of the Bonds, or for any representations, warranties, covenants, obligations, or agreements of the District contained in this subpart, the Bonds, the Financing Documents, or the Closing Documents. (b) The signature, countersignature, facsimile signature, or facsimile countersignature of any official appearing on the Bonds, the Financing Documents, or the Closing Documents shall be valid and sufficient for all purposes notwithstanding the fact that the individual signatory ceases to hold that office before delivery of the Bonds, the Financing Documents, or the Closing Documents.  (June 21, 2014, D.C. Law 20-110, § 209, 61 DCR 4315.)
DC Code § 2-1217.35k (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35k. Maintenance of documents

Copies of the specimen Bonds and of the final Financing Documents and Closing Documents shall be filed in the Office of the Secretary of the District of Columbia.  (June 21, 2014, D.C. Law 20-110, § 210, 61 DCR 4315.)
DC Code § 2-1217.35l (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 5 - Skyland Town Center|§ 2-1217.35l. Information reporting

Within 3 days after the Mayor’s receipt of the transcript of proceedings relating to the issuance of the Bonds, the Mayor shall transmit a copy of the transcript to the Secretary to the Council.  (June 21, 2014, D.C. Law 20-110, § 211, 61 DCR 4315.)
DC Code § 2-1217.36a (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6 - Union Market District. [Repealed]|§ 2-1217.36a. Definitions. [Repealed]

Repealed.  (Oct. 22, 2015, D.C. Law 21-36, § 7192, 62 DCR 10905; Feb. 15, 2018, D.C. Law 22-58, § 15, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the repeal of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the repeal of this section by § 15 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented. Emergency Legislation For temporary (90 days) addition of this section, see § 7162 of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).
DC Code § 2-1217.36b (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6 - Union Market District. [Repealed]|§ 2-1217.36b. Findings. [Repealed]

Repealed.  (Oct. 22, 2015, D.C. Law 21-36, § 7193, 62 DCR 10905; Dec. 13, 2017, D.C. Law 22-33, § 7302, 64 DCR 7652; Feb. 15, 2018, D.C. Law 22-58, § 15, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the repeal of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the repeal of this section by § 15 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented. Emergency Legislation  For temporary (90 days) amendment of this section, see § 7302 of Fiscal Year 2018 Budget Support Congressional Review Emergency Act of 2017 (D.C. Act 22-167, Oct. 24, 2017, 64 DCR 10802).   For temporary (90 days) amendment of this section, see § 7302 of Fiscal Year 2018 Budget Support Emergency Act of 2017 (D.C. Act 22-104, July 20, 2017, 64 DCR 7032).  For temporary (90 days) addition of this section, see § 7163 of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).
DC Code § 2-1217.36c (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6 - Union Market District. [Repealed]|§ 2-1217.36c. Declaration of intent. [Repealed]

Repealed.  (Oct. 22, 2015, D.C. Law 21-36, § 7194, 62 DCR 10905; Feb. 15, 2018, D.C. Law 22-58, § 15, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the repeal of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the repeal of this section by § 15 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented. Emergency Legislation For temporary (90 days) addition of this section, see § 7164 of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).
DC Code § 2-1217.36d (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6 - Union Market District. [Repealed]|§ 2-1217.36d. Future legal requirements. [Repealed]

Repealed.  (Oct. 22, 2015, D.C. Law 21-36, § 7195, 62 DCR 10905; Feb. 15, 2018, D.C. Law 22-58, § 15, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the repeal of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the repeal of this section by § 15 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented. Emergency Legislation For temporary (90 days) addition of this section, see § 7165 of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).
DC Code § 2-1217.36f (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6A - Union Market|§ 2-1217.36f. Creation of the Union Market TIF Fund

(a) There is established as a nonlapsing fund the Union Market TIF Fund. The Chief Financial Officer shall deposit into the Union Market TIF Fund the Available Tax Increment and any other taxes or fees specifically designated by law for deposit in the Union Market TIF Fund. (b) The Mayor may pledge and create a security interest in the funds in the Union Market TIF Fund, or any sub-account within the Union Market TIF Fund, for the payment of debt service on the bonds without further action by the Council as permitted by § 1-204.90(f). The payment of debt service shall be made in accordance with the provisions of the Financing Documents entered into by the District in connection with the issuance of the bonds. (c) If, at the end of any fiscal year of the District, the balance of cash and investments in the Union Market TIF Fund exceeds the amount of debt service (including prepayment of principal and interest), reserves on any bonds, and any approved bond-related administrative expenses during the upcoming fiscal year, 50% of the excess shall be used to prepay the principal of the bonds and the remaining 50% of the excess shall be transferred to the unrestricted balance of the General Fund of the District of Columbia.  (Feb. 15, 2018, D.C. Law 22-58, § 3, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the creation of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the creation of this section by § 3 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented.
DC Code § 2-1217.36h (2021)
2021 District of Columbia Code|Title 2 - Government Administration|Chapter 12 - Business and Economic Development|Subchapter IX - Tax Increment Financing|Part B - Identified Projects|Subpart 6A - Union Market|§ 2-1217.36h. Bond authorization

(a)(1) The Council approves and authorizes the issuance of one or more series of bonds in an aggregate principal amount not to exceed $82.4 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 § 2-1217.36i. (2) Bonds in the aggregate principal amount of $46.4 million may be issued to pay for the construction of infrastructure and related Development Costs. (3) Bonds in the aggregate principal amount not to exceed $36 million may be issued to pay for the construction of Retail Parking and related Development Costs. (b) The Mayor may pay from the proceeds of the bonds the financing costs and expenses of issuing and delivering the bonds, including, but not limited to, underwriting, legal, accounting, financial advisory, credit enhancement, marketing, sale, and printing costs and expenses.  (Feb. 15, 2018, D.C. Law 22-58, § 5, 64 DCR 13442.)  Applicability Section 7020 of D.C. Law 22-168 repealed section 16 of D.C. Law 22-58 removing the applicability restriction impacting this section. Therefore the creation of this section by D.C. Law 22-58 has been implemented. Applicability of D.C. Law 22-58: § 16 of D.C. Law 22-58 provided that the creation of this section by § 5 of D.C. Law 22-58 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented.