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Council of the District of Columbia
Committee on Finance and Revenue
Notice of Public Hearing
John A. Wilson Building, 1350 Pennsylvania Avenue, N.W. Washington, D.C. 20004
COUNCILMEMBER JACK EVANS, CHAIR
COMMITTEE ON FINANCE AND REVENUE
ANNOUNCES A PUBLIC HEARING ON:
PR 20-228, the “See Forever Foundation/Maya Angelou Public Charter School Revenue Bonds Project Approval Resolution of 2013”
Bill 20-256, the “Income Tax Secured Bond Authorization Amendment Act of 2013”
Bill 20-280, the “YMCA Community Investment Initiative Real Property Tax Exemption Act of 2013”
Thursday, May 30, 2013
11:00 a.m.
Room 120 - John A. Wilson Building
1350 Pennsylvania Avenue, NW, Washington, D.C. 20004
Councilmember Jack Evans, Chairman of the Committee on Finance and Revenue, announces a public hearing to be held Thursday, May 30, 2013 at 11:00 a.m., in Room 120 of the John A. Wilson Building, 1350 Pennsylvania Avenue, N.W., Washington, D.C. 20004.
PR 20-228, the “See Forever Foundation/Maya Angelou Public Charter School Revenue Bonds Project Approval Resolution of 2013” will authorize and provide for the issuance, sale and delivery in an aggregate principal amount not to exceed $10 million of the District of Columbia revenue bonds in one or more series and to authorize and provide for the loan of the proceeds of such bonds to assist See Forever and/or Maya Angelou Public Charter School in the financing, refinancing or reimbursing of cost associated with an authorized project pursuant to section 490 of the District of Columbia Home Rule Act.
Bill 20-256, the “Income Tax Secured Bond Authorization Amendment Act of 2013” will amend
Chapter 3 of Title 47 of the District of Columbia Code to authorize the issuance of additional revenue bonds of the District of Columbia payable from and secured by individual income tax and business franchise tax revenues for the purposes of financing capital projects of the District government.Bill 20-280, the “YMCA Community Investment Initiative Real Property Tax Exemption Act of 2013” will amend Chapter 10 of Title 47 of the District of Columbia Official Code to exempt from taxation certain property owned or leased by YMCA of Metropolitan Washington or YMCA Community Investment Initiative, nonprofit organizations.
The Committee invites the public to testify at the hearing. Those who wish to testify should contact Sarina Loy, Committee Aide at (202) 724-8058 or sloy@dccouncil.us, and provide your name, organizational affiliation (if any), and title with the organization by 10:00 a.m. on Wednesday, May 29, 2013. Witnesses should bring 15 copies of their written testimony to the hearing. The Committee allows individuals 3 minutes to provide oral testimony in order to permit each witness an opportunity to be heard. Additional written statements are encouraged and will be made part of the official record. Written statements may be submitted by e-mail to sloy@dccouncil.us or mailed to: Council of the District of Columbia, 1350 Pennsylvania Ave., N.W., Suite 114, Washington D.C. 20004.
