D.C. Code § 10-1505

Current through codified legislation effective October 30, 2024

Section 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.

D.C. Code § 10-1505

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.