109 STAT. 268
PUBLIC LAW 104-28—SEPT. 6, 1995
1994 (D.C. Law 10-188) and which are obligated or expended for
the activities described in subsection (b).
(b) ACTIVITIES DESCRIBED.— The activities described in this
paragraph are—
(1) the operation and maintenance of the existing Washington Convention Center; and
(2) preconstruction activities with respect to a new convention center in the District of Columbia, including land acquisition and the conducting of environmental impact studies,
architecture and design studies, surveys, and site acquisition.
TITLE II—SPORTS ARENA
SEC. 201. PERMITTING DESIGNATED AUTHORITY TO BORROW FUNDS
FOR PRECONSTRUCTION ACTIVITIES RELATING TO GAL-
LERY PLACE SPORTS ARENA.
(a) PERMITTING BORROWING.—
(1) IN GENERAL. — The designated authority may borrow
funds through the issuance of revenue bonds, notes, or other
obligations which are secured by revenues pledged in accordance with paragraph (2) to finance, refinance, or reimburse
the costs of arena preconstruction activities described in section
204 if the designated authority is granted the authority to
borrow funds for such purposes by the District of Columbia
government.
(2) REVENUE REQUIRED TO SECURE BORROWING.—The designated authority may borrow funds under paragraph (1) to
finance, refinance, or reimburse the costs of arena
preconstruction activities described in section 204 only if such
borrowing is secured (in whole or in part) by the pledge of
revenues of the District of Columbia which are attributable
to the sports arena tax imposed as a result of the enactment
of D.C. Law 10-128 (as amended by the Arena Tax Amendment
Act of 1994 (D.C. Act 10-315)) and which are transferred by
the Mayor of the District of Columbia to the designated authority pursuant to section 302(a-l)(3) of the Omnibus Budget
Support Act of 1994 (sec. 47-2752(a-l)(3), D.C. Code) (as
amended by section 2(b) of the Arena Tax Payment and Use
Amendment Act of 1995).
(b) TREATMENT OF DEBT CREATED.— Any debt created pursuant
to subsection (a) shall not—
(1) be considered general obligation debt of the District
of Columbia for any purpose, including the limitation on the
annual aggregate limit on debt of the District of Columbia
under section 603(b) of the District of Columbia Self-Government and Governmental Reorganization Act (sec. 47-313(b),
D.C. Code);
(2) constitute the lending of the public credit for private
undertakings for purposes of section 602(a)(2) of such Act (sec.
l-233(a)(2), D.C. Code); or
(3) be a pledge of or involve the full faith and credit
of the District of Columbia.
(c) DESIGNATED AUTHORITY DEFINED. —The term "designated
authority" means the Redevelopment Land Agency or such other
District of Columbia government agency or instrumentality des-
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