In addition to the general delegation of powers contained in § 10-1202.09 and subject to the limitations contained in § 10-1202.04, the Authority shall possess the following powers:
D.C. Code § 10-1202.03
Section 7193 of D.C. Law 23-16 provided that any unobligated proceeds from the sale of the Marriot Marquis leasehold shall be held by the Authority and shall be set aside for large capital grants to be issued pursuant to § 10-1202.03(10K); provided, that the proceeds first be used to satisfy the Authority's current liabilities and legally required reserves, which shall not include the elective purchase or redemption of outstanding indebtedness.
For the transfer of funds to the Washington Convention and Sports Authority to administer a matching grant program to support the National Cherry Blossom Festival, see section 2172 of D.C. Law 21-160.