District of Columbia Code
Subpart 10 - Reunion Square
§ 2–1217.40n. Expiration of issuance authority

(a) The authority to issue the Class A Bonds shall expire at 11:59 p.m. on September 30, 2025, if no Bonds have been issued; provided, that the expiration of the authority shall have no effect on any Bonds issued on or prior to the expiration date or on the District's ability to issue Refunding Bonds on a future date. Class A Bonds issued as draw down bonds shall be deemed to have been issued for the purposes of this subsection in their entirety on the date of the first draw of principal on such Class A Bonds.
(b) The authority to issue the Class B Bonds shall expire at 11:59 p.m. on September 30, 2030; provided, however, that the expiration of the authority shall have no effect on any Class B Bonds issued prior to the expiration date.
(Mar. 16, 2021, D.C. Law 23-202, § 15, 67 DCR 13876; Sept. 21, 2022, D.C. Law 24-167, § 2022(c), 69 DCR 009223.)
For temporary (90 days) amendment of this section, see § 2022(c)(1) of Fiscal Year 2023 Budget Support Emergency Act of 2022 (D.C. Act 24-470, July 13, 2022, 69 DCR 008707).
For temporary (90 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Second Emergency Act of 2020 (D.C. Act 23-370, Aug. 10, 2020, 67 DCR 9689).
For temporary (90 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Emergency Act of 2020 (D.C. Act 23-250, Mar. 17, 2020, 67 DCR 3455).
For temporary (225 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Temporary Amendment Act of 2020 (D.C. Law 23-146, Oct. 20, 2020, 67 DCR 9941).

Structure District of Columbia Code