District of Columbia § 10-1605.07 Assignment and transfer of Stadium, Parking Facilities, and Stadium Seat Rights.

District of Columbia Statutes

§ 10-1605.07 — Assignment and transfer of Stadium, Parking Facilities, and Stadium Seat Rights.

District of Columbia § 10-1605.07

JurisdictionDistrict of Columbia

Title 10Parks, Public Buildings, Grounds, and Space.

Ch. 16Sports Facilities.

Subch. VRobert F. Kennedy Campus Redevelopment.

Part AGeneral.

This text of District of Columbia § 10-1605.07 (Assignment and transfer of Stadium, Parking Facilities, and Stadium Seat Rights.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 10-1605.07 (2026).

Text

(a)The Mayor may assign or transfer to an instrumentality or authority of the District:

(1)Ownership of the Stadium and the Parking Facilities; and

(2)The authority to sell Stadium Seat Rights to the Developer pursuant to the terms of the Term Sheet.

(b)Any revenue received by the District from the sale of the Stadium Seat Rights, including revenue received by an instrumentality or authority of the District pursuant to an assignment or transfer of the authority to sell Stadium Seat Rights pursuant to subsection (a) of this section, shall be dedicated to and expended only for the purposes for which such revenue may be expended under the Term Sheet.

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(a) The Mayor may assign or transfer to an instrumentality or authority of the District:

(1) Ownership of the Stadium and the Parking Facilities; and

(2) The authority to sell Stadium Seat Rights to the Developer pursuant to the terms of the Term Sheet.

(b) Any revenue received by the District from the sale of the Stadium Seat Rights, including revenue received by an instrumentality or authority of the District pursuant to an assignment or transfer of the authority to sell Stadium Seat Rights pursuant to subsection (a) of this section, shall be dedicated to and expended only for the purposes for which such revenue may be expended under the Term Sheet.