Bonding Legislation: Hearing and Markups Before the Subcommittee on Fiscal Affairs and Health and the Committee on the District of Columbia, House of Representatives, Ninety-seventh Congress, First Session, on H.R. 4910 ... November 12 and 17, 1981
United States. Congress. House. Committee on the District of Columbia. Subcommittee on Fiscal Affairs and Health
U.S. Government Printing Office, 1982 - Bonds - 112 pages
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act authorizing action allow amended amount annual anticipation apply appropriations authorizing the issuance bill bond act bond issue bond or note bonds and notes borrowing budget capital project Chairman changes Charter Columbia Self-Government Committee Congress congressional contained costs Council created currently D.C. Code debt service DELLUMS determines DIKEMAN District of Columbia District revenues effect election enactment equipment existing facilities faith and credit Federal financing fiscal funds Government Governmental Reorganization Act held Home Rule Act House improvement issue general obligation issued under subsection legislation limitation manner Mayor ment mortgage necessary notice obligated or expended obligation bonds obligation issued paragraph payable payment period pledged present principal proceedings proceeds proposed publish purchase pursuant question relating respect revenue bonds section 446 security interest sentence statement striking subsection term Thank tion United universities validity Washington WRIGHT
Page 84 - Changes in Existing Law Made bt the Bill, As Reported In compliance with clause 3 of Rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in italic, existing law in which no change is proposed is shown in roman) : TITLE 38, UNITED STATES CODE PART I. GENERAL PROVISIONS CHAPTER 1— GENERAL 101. Definitions For the purposes of this...
Page 70 - States, and for other purposes, having considered the same, report favorably thereon with amendments and recommend that the bill as amended do pass. The amendments are as follows : Page 2.
Page 95 - District is hereby pledged for the payment of the principal of and the interest on all bonds and notes of the District hereafter issued pursuant to this title, whether or not such pledge be stated in the bonds or notes or in the act authorizing their issuance.
Page 90 - Act and of all laws; and (3) the validity of such act shall not thereafter be questioned by either a party plaintiff or a party defendant, except in a suit, action, or proceeding commenced prior to the expiration of such twenty days. PUBLIC SALE SEC. 608. All bonds issued under this Act shall be sold at public sale upon sealed proposals after (1) at least ten days...
Page 108 - Act, relating to revenue bonds and other obligations, is amended by adding at the end thereof the following new subsection : "(f) The fourth sentence of section 446 shall not apply to (1) the transfer to a private college or university of funds derived from the sale of any revenue bond, note, or other obligation issued pursuant to an act under this section solely to finance, or assist in the financing of, facilities for such college or university, or (2) the payment (as to either principal...
Page 103 - The amount of said series to be payable in each year to be so fixed that when the annual interest is added to the principal amount payable in each year the total amount payable in each year in which part of the principal is payable shall...
Page 95 - ... become due and payable, which tax shall be levied and collected at the same time and in the same manner as other District taxes are levied and collected, and when collected shall be set aside for the purpose of paying such principal, interest, and premium.
Page 90 - Such bonds may be issued in coupon form in the denomination of $1,000, registerable as to principal only or as to both principal and interest, and if registered as to both principal and interest may be issuablc in denominations of multiples of $1,000.
Page 91 - It is hereby certified and recited that all conditions, acts, and things required by the District of Columbia Self-Government and Governmental Reorganization Act and other applicable laws to exist, to have happened, and to have been performed •precedent to and in the issuance of...