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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 10. PLANNING AND DEVELOPMENT |
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SubTilte 10-B. PLANNING AND DEVELOPMENT |
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Chapter 10-B51. QUALIFED ZONE ACADEMY REVENUE BONDS |
Section 10-B5199. DEFINITIONS
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5199.1When used in this chapter, the following words and phrases shall have the meaning ascribed:
Act - the Qualified Zone Academy Revenue Bond Project Forward Commitment Approval Act of 2005, effective October 18, 2005 (D.C. Law 16-28; 52 DCR 8093).
Certified business enterprise - has the same meaning as set forth from time to time in section 2302(1A) of the Small, Local, and Disadvantaged Business Enterprise Development and Assistance Act of 2005, effective October 20, 2005 (D.C. Law 16-33; D.C. Official Code § 2-218.02(1A)).
Council - the Council of the District of Columbia.
Deputy Mayor - the Deputy Mayor for Planning and Economic Development.
Eligible Project - a project in the area of elementary, secondary, or college and university facilities undertaken at a Qualifying School which is subject to financing pursuant to section 490 of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 809; D.C. Official Code § 1-204.90) as a Qualified Zone academy bond within the meaning of section 1397E(d)(1) of the Internal Revenue Code of 1986, approved August 5, 1997 (111 Stat. 821; 26 U.S.C. § 1397E(d)(1)).
Improvement proposal - the project or projects proposed by a school to be funded through all or part of a Qualified Zone Academy Revenue Bond financing.
Qualified contributions - has the same meaning as set forth from time to time in section 1397E(d)(2)(B) of the Internal Revenue Code of 1986, approved August 5, 1997 (111 Stat. 821; 26 U.S.C. § 1397E(d)(2)(B)).
Qualified Zone Academy Revenue Bonds - the revenue bonds authorized to be issued pursuant to the Act.
Qualifying School - any public school or public charter school the Council approves by resolution, for financing, refinancing, or reimbursement of the costs of its Eligible Project pursuant to the provisions of section 490 of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 809; D.C. Official Code § 1-204.90) and the Act.