Extension of the Borrowing Authority for the District of Columbia: Hearing Before the Subcommittee on Governmental Efficiency and the District of Columbia of the Committee on Governmental Affairs, United States Senate, Ninety-seventh Congress, First Session, on S. 640 ... March 18, 1981 |
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1982 capital budget 1982 Request Federal agencies amount audit auditors Barry Farms basis bond rate Brooks Mansion capital bond market Capital Improvements Program capital improvements projects CAPITAL OUTLAY LOANS capital program capital projects Chairman CONGRESS LIBRARY CONGRESS THE LIBRARY D. C. General Hospital D.C. Self-Government DEARBORN DIRECTION AND SUPPORT District of Columbia Economic Development Environmental Services exempt facilities Federal Total Grants financial management Fire Apparatus Fiscal Year 1982 FY 1982 Request GOVERNMENTAL DIRECTION interest cost interest rate interim borrowing authority LIBRARY OF CONGRES LIBRARY OF CONGRESS LIBRARY THE LIBRARY ments Metrobus Metrorail million is requested million will provide municipal bond market office space outstanding payment date percentage points Permanent Improvements Project Number Project Title FY public housing question Renovation Request Federal Total revenue SAFETY AND JUSTICE schedule Senator MATHIAS Street tion Total Grants Costs Transportation TREASURY CAPITAL LOANS Treasury loans Treasury rate actual trict's U.S. Treasury Whitehurst Freeway
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Page 2 - That act also authorized the District to issue tax-exempt general obligation bonds to finance future capital projects and provided interim loan authority by which the District could borrow from the US Treasury to finance projects for which funding had been authorized or appropriated prior to January 2, 1975. The Congress included the interim borrowing authority in the DC...
Page 2 - Act terminated, as of January 2, 1975, the District's permanent authority to borrow funds from the US Treasury to finance capital improvement projects.
Page 3 - ... location of specific plants and transmission lines would be considered two years in advance of construction. Public hearings would be held far enough ahead of construction so that they could influence the siting decision, helping to avoid environmental problems without causing undue construction delays. I urge the Congress to take prompt and favorable action on this important legislative proposal.
Page 11 - Ft 1981 capital project priorities are: 60-831 0-80-5 1. Revenue Production - projects which increase the District's tax base and encourage economic development through the construction of Job-generating facilities or Improvements that are needed for new housing, commercial or retail space, etc.; 2. Statutory/Code Requirements - projects that are necessary to comply with Federal /Local statutes and codes, court orders, and contracts with other local jurisdictions; 3. Basic Facility Improvements -...
Page 11 - ... housing, commercial or retail space, etc.; 2. Statutory/Code Requirements - projects that are necessary to comply with Federal /Local statutes and codes, court orders, and contracts with other local jurisdictions; 3. Basic Facility Improvements - projects necessary to keep buildings and the city's physical infrastructure functioning, or functioning more efficiently (eg , energy conservation improvements); 4. Program Space Improvements^ - projects that Increase or improve the capacity of agencies...
Page 9 - ... million), Human Support Services ($14.8 million) and Governmental Direction and Support ($15.7 million). Almost half of the FY 1981 capital budget request — amounting to $90.5 million or 47 percent of the total — will be used to begin new project commitments. The remainder of the requests will be used to complete or advance projects that are already under way or to fund ongoing, minor construction activities that keep the city's existing infrastructure and buildings functioning. New project...
Page 11 - ... which increase the District's tax base and encourage economic development through the construction of Job-generating facilities or Improvements that are needed for new housing, commercial or retail space, etc.; 2. Statutory/Code Requirements - projects that are necessary to comply with Federal /Local statutes and codes, court orders, and contracts with other local jurisdictions; 3. Basic Facility Improvements - projects necessary to keep buildings and the city's physical infrastructure functioning,...
Page 11 - ... for continuing or ongoing projects include essential yet relatively low-cost construction activities, such as roof replacements, electrical modernizations, the resurfacing of streets and highways, and the replacement of defective watermains. DEVELOPMENT OF THE FY 1981 CAPITAL BUDGET Five city-wide priorities were used to evaluate capital projects and to examine their impact on the condition of the District's physical infrastructure.
Page 6 - Without objection, that material will be included in the hearing record. [The material referred to follows...
Page 10 - It must be assumed that except for the fluorescent fixtures, the remainder of the electrical wiring and equipment would have a useful life at least equal to the term of the lease with Sears, Roebuck & Co.