No appropriation necessary for arena preconstruction activities.
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: Borrowing conducted pursuant to § 47-398.01(a); The pledging of revenues as security for such borrowing pursuant to § 47-398.02(a); The payment of principal, interest, premium, debt servicing, contributions to reserves, or other costs associated with such borrowing; or Other obligations or expenditures made to carry out any arena preconstruction activity described in § 47-398.04.
Annotations
Sept. 6, 1995, 109 Stat. 269, Pub. L. 104-28, § 203 enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575 1981 Ed., § 47-398.3.
Sourced from the DC Council Open Law Library (public domain).
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