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D.C. Code § 47-335.01

Borrowing of funds for capital projects.

Official textus-dc/statcode.dccouncil.gov
Summarize

The Mayor shall not borrow any funds for capital projects unless the Mayor has obtained prior approval from the Council, by resolution, identifying the projects and amounts to be financed with such borrowings. In determining the amounts to be financed, the Mayor shall consult with the Chief Financial Officer to determine if any funds appropriated for Debt Service, as defined in § 47-334(1), in excess of Debt Service requirements are available to reduce the amount of borrowing for the next bond issuance.

Source: official DC Code section page (code.dccouncil.gov)

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In this chapter (40 sections)
  1. 47-318.05a · Budget submissions required; agency enhancement requests.
  2. 47-319.01 · Establishment of the Initiative Implementation Monitoring…
  3. 47-319.02 · Composition.
  4. 47-319.03 · Compensation.
  5. 47-319.04 · Reports.
  6. 47-321 · Reserved
  7. 47-322 · Reserved
  8. 47-323 · Reserved
  9. 47-324 · Reserved
  10. 47-325 · Reserved
  11. 47-326 · Reserved
  12. 47-327 · Reserved
  13. 47-328 · Reserved
  14. 47-329 · Reserved
  15. 47-330 · Reserved
  16. 47-331 · Reserved
  17. 47-332 · Reserved
  18. 47-333 · Reserved
  19. 47-334 · Definitions.
  20. 47-335 · Permissible security.
  21. 47-335.01 · Borrowing of funds for capital projects.
  22. 47-335.02 · Borrowing limitation.
  23. 47-336 · Definitions.
  24. 47-337 · Capital Review and Debt Affordability Committee.
  25. 47-338 · Duties of the Committee.
  26. 47-339 · Preliminary capital budget and multiyear capital improvements…
  27. 47-339.01 · Capital projects.
  28. 47-340 · Notation of debt service requirement on real property tax…
  29. 47-340.01 · Revenue bonds and other obligations.
  30. 47-340.02 · Bond authorization.
  31. 47-340.03 · Council review for each individual project.
  32. 47-340.04 · Details of each series of bonds.
  33. 47-340.05 · Sale of the bonds.
  34. 47-340.06 · Payment and security.
  35. 47-340.07 · Financing and closing documents.
  36. 47-340.08 · Authorized delegation of authority.
  37. 47-340.09 · Limited liability.
  38. 47-340.10 · District officials.
  39. 47-340.11 · Maintenance of documents.
  40. 47-340.12 · Information reporting.
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