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District of Columbia Code Division I. Government of District. § 10-1505. Allocation of R13BA property sales and lease proceeds.

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 10-1505. Allocation of R13BA property sales and lease proceeds. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-10-1505/

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