35d. Bond authorization. *NOTE: This section includes amendments by temporary legislation that will expire on March 1, 2025. To view the text of this section after the expiration of all emergency and temporary legislation affecting this section, click this link: Prior Permanent Version.* The Council approves and authorizes the issuance of one or more series of Bonds in an aggregate principal amount not to exceed $25 million to fund the project. The Bonds, which may be issued 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 § 2-1217.35e(c). The proceeds of the Bonds shall be used to pay Development Costs of the project and the financing costs incurred by the District or the Development Sponsor and to fund capitalized interest and required reserves. (June 21, 2014, D.C. Law 20-110, § 203, 61 DCR 4315; July 19, 2024, D.C. Law 25-196, § 201(a), 71 DCR 6762.) Emergency Legislation For temporary (90 days) amendment of this section, see § 201(a) of Relief for River East at Grandview Condominium Owners Congressional Review Emergency Act of 2024 (D.C.

6762.) Emergency Legislation For temporary (90 days) amendment of this section, see § 201(a) of Relief for River East at Grandview Condominium Owners Congressional Review Emergency Act of 2024 (D.C. Act 25-516, July 18, 2024, 71 DCR 9346). For temporary (90 days) amendment of this section, see § 201(a) of Relief for River East at Grandview Condominium Owners Emergency Act of 2024 (D.C. Act 25-447, Apr. 15, 2024, 71 DCR 4637). Temporary Legislation For temporary (225 days) amendment of this section, see § 201(a) of Relief for River East at Grandview Condominium Owners Temporary Act of 2024 (D.C. Law 25-196, July 19, 2024, 71 DCR 6762).