During the contribution period, the sales and use tax revenue attributable to the Waterfront Park Retail Area shall be allocated and deposited into the Waterfront Park Maintenance Fund in the following amounts:
(1) In the 12-month period beginning July 1, 2012, $380,000;
(2) In each 12-month period beginning on each July 1 thereafter that is within the contribution period, an amount equal to $380,000, increased by the increase in the CPI during the period from July 1, 2012, to the beginning of that 12-month period.
CREDIT(S)
(Mar. 3, 2010, D.C. Law 18-105, § 5, 57 DCR 11.)
HISTORICAL AND STATUTORY NOTES
Legislative History of Laws
For Law 18-105, see notes following § 10-1801.