D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-B. PLANNING AND DEVELOPMENT |
Chapter 10-B50. REVENUE BONDS |
Section 10-B5002. ELIGIBLE FACILITIES
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5002.1Applications shall be considered by the Executive Branch only if they relate to issuances of bonds to finance the acquisition of facilities which constitute eligible facilities.
5002.2Eligible facilities shall be deemed to be facilities which meet the following criteria:
(a)The facilities are located or will be located within, or have a substantial connection with, the District; and
(b)The facilities constitute undertakings in the areas of housing, health facilities, transit and utility facilities, recreational facilities, college and university facilities, college and university programs which provide loans for the payment of educational expenses for or on behalf of students, pollution control facilities, and industrial and commercial development.
5002.3Notwithstanding the provisions of §5002.2, applications shall not be considered by the Executive Branch if they relate to the issuance of any bond where any portion of the proceeds of the bond is to be used to provide any sexually oriented business establishment (as defined in §199 of Title 11 DCMR (the Zoning Regulations).
5002.4Notwithstanding the provisions of §5002.2, applications shall not be considered by the Executive Branch if they relate to the issuance of an industrial development bond described in §5006.9 if more than twenty-five percent (25%) of the proceeds of the issue will be used to provide a facility the primary purpose of which is one (1) of the following:
(a)Automobile sales or service;
(b)The provision of recreation or entertainment; or
(c)Retail food and beverage services, including eating and drinking places; Provided, that this paragraph shall not include or apply to grocery stores and supermarkets.
5002.5Notwithstanding the provisions of §5002.2, applications shall not be considered by the Executive Branch if they relate to the issuance of an industrial development bond described in §5006.9 and if any portion of the proceeds of the issue is to be used to provide any of the following private or commercial facilities:
(a)Golf course or country club;
(b)Massage parlor;
(c)Tennis club;
(d)Skating facility (including roller skating, skateboard, and ice skating);
(e)Racquet sports facility (including any handball or racquetball court);
(f)Hot tub facility;
(g)Suntan facility; or
(h)Racetrack.