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Title:
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An Act concerning the Issuance and Sale of Special Obligation Bonds in the aggregate principal amount not to exceed $95,000,000 for the financing of a portion of the costs of the convention center relating to the National Harbor Convention Center Special Taxing District and National Harbor Convention Center Development District
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Title
An Act concerning the Issuance and Sale of Special Obligation Bonds in the aggregate principal amount not to exceed $95,000,000 for the financing of a portion of the costs of the convention center relating to the National Harbor Convention Center Special Taxing District and National Harbor Convention Center Development District
Background
This Bill authorizes the issuance and sale of special obligation bonds in an aggregate principal amount not to exceed $95,000,000 for the financing of a portion of the costs of the convention center relating to the National Harbor Convention Center Special Taxing District and National Harbor Convention Center Development District to be secured by the taxes levied on the tax increment, certain County hotel occupancy taxes and special hotel rental taxes and determining certain terms and provisions in connection with the issuance, sale and payment of such bonds.