District Of Columbia § 2-1217.32 - Mandarin Oriental Hotel Project fee deferral.
Full text of District Of Columbia D.C. Code § 2-1217.32 — Mandarin Oriental Hotel Project fee deferral., with citation guidance and answers to common questions.
§ 2-1217.32. Mandarin Oriental Hotel Project fee deferral.
2-1217.32For the purposes of this section, the term:
“Development Sponsor” means Portals Hotel Site, LLC, a Delaware limited liability company, and its successors and assigns.
“Mandarin Oriental Hotel Project” means the acquisition and initial development, construction, equipping, and furnishing of a Mandarin Oriental hotel within the Portals project, located on Square 299, Lot 831, consisting of a 400-room hotel with approximately 33,000 square feet of associated meeting and banquet space, 2 restaurants, a health spa and fitness center totaling approximately 10,000 square feet, and approximately 90,000 square feet of public parking space for approximately 200 cars.
“Mandarin TIF Bonds” means the tax increment financing bonds issued in connection with the Mandarin Oriental Hotel Project pursuant to the Tax Increment Revenue Bonds Mandarin Hotel Project Emergency Approval Resolution of 2000, effective March 7, 2000 (Res. 13-510; 47 DCR 2133), and the Mandarin Hotel Project Modification Approval Resolution of 2000, effective December 19, 2000 (Res. 13-745; 48 DCR 83).
All fees to be paid, and any deposits to be made, by or on behalf of the Development Sponsor in connection with the initial development, construction, equipping, and furnishing of the Mandarin Oriental Hotel Project under , are hereby deferred until the Development Sponsor sells the Mandarin Oriental Hotel Project, as evidenced by the recordation of a deed conveying title to Square 299, Lot 831, at which time such amounts shall be due and payable without penalty or interest.
The amount of all taxes, fees, and deposits deferred under subsection (b) of this section, §§ , , , and , shall not exceed, in the aggregate, $4 million.
This section shall apply upon the closing of the sale of the Mandarin TIF Bonds.
Annotations
The subpart heading was added by the Codification Counsel as part of the codification of , §§ as Subpart 5 of this part.
Section 7018 of repealed section 5 of .
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 2-1217.32
What does D.C. Code § 2-1217.32 cover?
Section 2-1217.32 ("Mandarin Oriental Hotel Project fee deferral.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 2-1217.32?
A common citation format is "D.C. Code § 2-1217.32" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 2-1217.32 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.