Author: U. S. Committee on Governmental Affairs

Publisher: Forgotten Books

Published: 2017-01-14

Total Pages: 102

ISBN-13: 9780243026418

Excerpt from H. R. 2108, the District of Columbia Convention Center and Sports Arena Authorization Act of 1995: Hearing Before the Subcommittee on Oversight of Government Management and the District of Columbia of the Committee on Governmental Affairs, United States Senate, One Hundred Fourth Congress, First Session; August 9, 1995 The subject of this afternoon's hearing is hr. 2108. This legisla tion, which passed the House of Representatives last Friday, has two purposes. The first is to authorize the District of Columbia to pledge revenues generated by the sports arena tax as security to borrow funds. These funds are to be used to pay for pre-construe tion activities, mostly site acquisition and preparation for the new arena to be built in the Gallery Place area. Over the next several years, revenue from the new arena tax, which has been imposed on the District's business community, will be used to repay the debt. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.