03. No appropriation necessary for arena preconstruction activities. The fourth sentence of section 446 of the District of Columbia Home Rule Act (§ 1-204.46) shall not apply with respect to any of the following obligations or expenditures: (1) Borrowing conducted pursuant to § 47-398.01(a); (2) The pledging of revenues as security for such borrowing pursuant to § 47-398.02(a); (3) The payment of principal, interest, premium, debt servicing, contributions to reserves, or other costs associated with such borrowing; or (4) Other obligations or expenditures made to carry out any arena preconstruction activity described in § 47-398.04. (Sept. 6, 1995, 109 Stat. 269, Pub. L. 104-28, § 203; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.) Prior Codifications 1981 Ed., § 47-398.3.
District of Columbia Legal Code