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The DC Code: § 47-398.03 No appropriation necessary for arena preconstruction activities.

Index47 Taxation, Licensing, Permits, Assessments, and Fees. (Refs & Annos)

The fourth sentence of section 446 of the District of Columbia Home Rule Act (§ 1-204.46) shall not apply with respect to any of the following obligations or expenditures:

1
Borrowing conducted pursuant to § 47-398.01(a);
2
The pledging of revenues as security for such borrowing pursuant to § 47-398.02(a);
3
The payment of principal, interest, premium, debt servicing, contributions to reserves, or other costs associated with such borrowing; or
4
Other obligations or expenditures made to carry out any arena preconstruction activity described in § 47-398.04.

Historical and Statutory

Prior Codifications 1981 Ed., § 47-398.3. DC CODE § 47-398.03 Current through December 11, 2012

Credits

(Sept. 6, 1995, 109 Stat. 269, Pub. L. 104-28, § 203; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)