Current through codified legislation effective September 4, 2024
Section 47-4674 - D.C. Central Kitchen, Inc., Lot 0010, Square 0613(a) Subject to subsection (b) of this section, real property taxes paid with respect to Lot 0010, Square 0613 shall be rebated to D.C. Central Kitchen, Inc. ("DCCK"), to the extent of DCCK's proportionate share of the real property tax incurred as reasonably allocated in relation to the assessed value of the space occupied, if:(1) DCCK is liable under the lease for its proportionate share of the real property tax;(2) DCCK applies for the rebate of real property tax by September 15 of the year in which the tax was payable as provided under § 47-811; and (3) The real property tax was paid.(b) The rebate shall be the amount of the real property tax passed through to DCCK under a lease with the lessor that was paid, directly or indirectly, by DCCK; except, that the amount of the rebate may not exceed $208,000 in any given year. (c) The application for the rebate shall include: (1) A copy of the lease with lessor; and(2) Documentation that the real property tax has been paid.(d) If a proper application as required by this section has been submitted and approved, the Chief Financial Officer shall rebate the real property tax on or before December 31 of the same year. (e) Upon the applicability of this act pursuant to section 3, the rebate provided pursuant to this section shall apply beginning with Tax Year 2022. (f) The rebate provided pursuant to this section shall be in addition to, and not in lieu of, any other tax, financial, or development incentive, tax credit, or any other type of incentive provided to DCCK under any District or federal program.Added by D.C. Law 24-17,§ 2, 68 DCR 006020, eff. 7/29/2021.