D.C. Code § 2-1217.40d

Current through codified legislation effective June 1, 2024
Section 2-1217.40d - Class A Bond authorization
(a) The Council approves and authorizes the issuance of one or more series of Class A Bonds in an aggregate principal amount not to exceed $16.9 million (not including the principal amount of Refunding Bonds issued to refund or refinance principal of Class A Bonds) to fund the Project. The Class A 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 section 7(a).
(b) The Mayor may pay from the proceeds of the Class A Bonds the financing costs and expenses of issuing and delivering the Class A Bonds, including, but not limited to, underwriting, legal, accounting, financial advisory, credit enhancement, marketing, sale, and printing costs and expenses.

D.C. Code § 2-1217.40d

Amended by D.C. Law 24-167,§ II-C-2022, 69 DCR 009223, eff. 9/21/2022.
Added by D.C. Law 23-202,§ 5, 68 DCR 003416, eff. 3/16/2021.