D.C. Code § 47-398.05

Limitation on amount of borrowing financed by arena tax.

Last amended: 1997Year: 2026Length: 57 wordsOfficial source
Notwithstanding any other provision of law, the amount of borrowing associated with the arena development and construction costs, including, but not limited to, land acquisition, construction, predevelopment, off-site infrastructure, and financing for capital interest and principal, may not exceed $61 million, to be paid from proceeds of the arena tax, established pursuant to § 47-2751 et seq.
D.C. Code § 47-398.05: Limitation on amount of borrowing financed by arena tax. | Justis AI