District of Columbia § 8-1778.22 Bond authorization.

District of Columbia Statutes

§ 8-1778.22 — Bond authorization.

District of Columbia § 8-1778.22

Title 8Environmental and Animal Control and Protection.

Ch. 17REnergy Efficiency Financing.

Subch. IIBond Financing.

This text of District of Columbia § 8-1778.22 (Bond authorization.) 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 § 8-1778.22 (2026).

Text

*NOTE: This section includes amendments by emergency legislation that will expire on March 19, 2026. To view the text of this section after the expiration of all emergency and temporary legislation, click this link: Past Permanent Version .*

(a)The Council approves and authorizes the issuance of one or more series of bonds. The bonds, which may be issued at any time and from time to time, in one or more series, shall be tax-exempt or taxable as the Mayor shall determine and shall be payable and secured as provided in § 8-1778.23 .

(b)The Mayor is authorized to pay from the proceeds of a bond’s issuance costs, the cost of funding capitalized interest and required reserves, and other costs authorized by § 1-204.90(f) . In the event bonds are sold other than through a public offering, the

Free access — add to your briefcase to read the full text and ask questions with AI

*NOTE: This section includes amendments by emergency legislation that will expire on March 19, 2026. To view the text of this section after the expiration of all emergency and temporary legislation, click this link: Past Permanent Version .*

(a) The Council approves and authorizes the issuance of one or more series of bonds. The bonds, which may be issued at any time and from time to time, in one or more series, shall be tax-exempt or taxable as the Mayor shall determine and shall be payable and secured as provided in § 8-1778.23 .

(b) The Mayor is authorized to pay from the proceeds of a bond’s issuance costs, the cost of funding capitalized interest and required reserves, and other costs authorized by § 1-204.90(f) . In the event bonds are sold other than through a public offering, the issuance costs may be paid from the Special Energy Assessment Program Administrative Account.

(c) The remaining proceeds of the bonds shall be paid into the National Capital Energy Fund established by § 8-1778.41 and used to provide funds for the initial installation of Energy Efficiency Improvements that are permanently attached to residential, commercial, industrial, or other real property as authorized under subchapter III of this chapter .