| 1 | | - | ENROLLED ORIGINAL |
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| 2 | | - | |
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| 3 | | - | |
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| 4 | | - | |
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| 5 | | - | |
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| 6 | | - | A RESOLUTION |
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| 7 | | - | |
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| 8 | | - | 25-59 |
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| 9 | | - | |
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| 10 | | - | IN THE COUNCIL OF THE DISTRICT OF COLUMBIA |
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| 11 | | - | |
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| 12 | | - | February 7, 2023 |
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| 13 | | - | |
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| 14 | | - | |
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| 15 | | - | To declare the existence of an emergency with respect to the need to approve the borrowing of |
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| 16 | | - | funds by the District through the issuance and sale of general obligation bonds and bond |
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| 17 | | - | anticipation notes. |
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| 18 | | - | |
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| 19 | | - | RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this |
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| 20 | | - | resolution may be cited as the “General Obligation Bonds and Bond Anticipation Notes for Fiscal |
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| 21 | | - | Years 2023- 2028 Authorization Emergency Declaration Resolution of 2023”. |
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| 22 | | - | |
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| 23 | | - | Sec. 2. Emergency legislation is necessary to ensure that the District can borrow in a |
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| 24 | | - | timely manner and take advantage of favorable market conditions to provide funding for or to |
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| 25 | | - | reimburse the District for funds already expended on Fiscal Year 2023 capital projects approved |
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| 26 | | - | and undertaken pursuant to the District’s Fisc al Year 2023 Budget and Financial Plan. |
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| 27 | | - | Sec. 3. The Council of the District of Columbia determines that the circumstances |
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| 28 | | - | enumerated in section 2 constitute emergency circumstances making it necessary that the General |
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| 29 | | - | Obligation Bonds and Bond Anticipation Notes for Fiscal Years 2023-2028 Authorization |
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| 30 | | - | Emergency Act of 2023 be adopted after a single reading. |
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| 31 | | - | Sec. 4. This resolution shall take effect immediately. |
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| 1 | + | _______________________________ 1 |
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| 2 | + | Councilmember Kenyan R. McDuffie 2 |
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| 3 | + | 3 |
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| 4 | + | 4 |
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| 5 | + | A PROPOSED RESOLUTION 5 |
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| 6 | + | 6 |
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| 7 | + | _______ 7 |
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| 8 | + | 8 |
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| 9 | + | IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 9 |
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| 10 | + | 10 |
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| 11 | + | ____________________ 11 |
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| 12 | + | 12 |
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| 13 | + | 13 |
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| 14 | + | To declare the existence of an emergency with respect to the need to approve the borrowing of 14 |
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| 15 | + | funds by the District through the issuance and sale of general obligation bonds and bond 15 |
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| 16 | + | anticipation notes. 16 |
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| 17 | + | 17 |
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| 18 | + | RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA , That 18 |
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| 19 | + | this resolution may be cited as the “General Obligation Bonds and Bond Anticipation Notes for 19 |
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| 20 | + | Fiscal Years 2023-2028 Authorization Emergency Declaration Resolution of 2023”. 20 |
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| 21 | + | 21 |
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| 22 | + | Sec. 2. Emergency legislation is necessary to ensure that the District can borrow in a 22 |
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| 23 | + | timely manner and take advantage of favorable market conditions to provide funding for or to 23 |
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| 24 | + | reimburse the District for funds already expended on Fiscal Year 2023 capital projects approved 24 |
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| 25 | + | and undertaken pursuant to the District’s Fiscal Year 2023 Budget and Financial Plan. 25 |
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| 26 | + | Sec. 3. The Council of the District of Columbia determines that the circumstances 26 |
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| 27 | + | enumerated in section 2 constitute emergency circumstances making it necessary that the General 27 |
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| 28 | + | Obligation Bonds and Bond Anticipation Notes for Fiscal Years 2023-2028 Authorization 28 |
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| 29 | + | Emergency Act of 2023 be adopted after a single reading. 29 |
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| 30 | + | Sec. 4. This resolution shall take effect immediately. 30 |
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