District of Columbia Statutes
§ 10-1505 — Allocation of R13BA property sales and lease proceeds.
The proceeds from the lease or sale of any property in the R13BA, which includes all structures of a permanent character erected on or affixed to, any natural resources located on or under, all riparian rights attached to, or any air space located above or below the property or any street or alley, owned, controlled, or administered by the District, shall be applied in the following order:
(1)To fund infrastructure improvements related to a proposed development; or
(2)To be deposited in the Fund into a dedicated R13BA Health Care account to be used for the purpose of providing health care to the uninsured residents of the District.
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Legislative History
Apr. 11, 2003, D.C. Law 14-300, § 6, 50 DCR 406; Feb. 6, 2004, D.C. Law 15-69, § 2(c), 50 DCR 9824
Nearby Sections
15
§ 10-1001.01
Definitions.§ 10-1002
Purpose.§ 10-1003
Functions.§ 10-1004
Transfers.§ 10-1005
Organization.§ 10-1006
Sole source contracting.§ 10-1009
Contract summary for Council review.§ 10-1010
Representative program.§ 10-1011
Inventory of real property assets.§ 10-1012
Periodic audit of leased properties.§ 10-1012.01
Master Public Facilities Plan.