(a) The Mayor is authorized to prescribe the final form and content of all Financing Documents and all Closing Documents to which the District is a party that may be necessary or appropriate to issue, sell, and deliver the bonds.
(b) The Mayor is authorized to execute, in the name of the District and on its behalf, the Financing Documents and any Closing Documents to which the District is a party by the Mayor’s manual or facsimile signature.
(c) If required, the official seal of the District, or a facsimile of it, shall be impressed, printed, or otherwise reproduced on the bonds, the other Financing Documents, and the Closing Documents to which the District is a party.
(d) The Mayor’s execution and delivery of the Financing Documents and the Closing Documents to which the District is a party shall constitute conclusive evidence of the Mayor’s approval, on behalf of the District, of the final form and content of the executed Financing Documents and the executed Closing Documents.
(e) The Mayor is authorized to deliver the executed and sealed Financing Documents and Closing Documents, on behalf of the District, prior to or simultaneously with the issuance, sale, and delivery of the bonds, and to ensure the due performance of the obligations of the District contained in the executed, sealed, and delivered Financing Documents and Closing Documents.
(Oct. 22, 2008, D.C. Law 17-252, § 109, 55 DCR 9251.)
Structure District of Columbia Code
Title 2 - Government Administration
Chapter 12 - Business and Economic Development
Subchapter IX-C - Southwest Waterfront Redevelopment
§ 2–1217.133. Creation of the Southwest Waterfront Fund
§ 2–1217.134. Creation of the Southwest Waterfront PILOT/TIF Area
§ 2–1217.135. Bond authorization
§ 2–1217.136. Payment and security
§ 2–1217.138. Sale of the bonds
§ 2–1217.139. Financing and Closing Documents
§ 2–1217.140. Limited liability
§ 2–1217.141. District officials