D.C. Act 21-497. Extension of Time to Dispose of the Strand Theater Emergency Amendment Act of 2016.

D.C. Act 21-497. Extension of Time to Dispose of the Strand Theater Emergency Amendment Act of 2016.

AN ACT

To amend, on an emergency basis, An Act Authorizing the sale of certain real estate in the District of Columbia no longer required for public purposes to extend the time in which the Mayor may dispose of certain District-owned real property, commonly referred to as the Strand Theater, located at 5131 Nannie Helen Burroughs Avenue, N.E., and designated for tax and assessment purposes as Lot 801 in Square 5196.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Extension of Time to Dispose of the Strand Theater Emergency Amendment Act of 2016".

Note § 10-801

Sec. 2. Section 1 of An Act Authorizing the sale of certain real estate in the District of Columbia no longer required for public purposes, approved August 5, 1939 (53 Stat. 1211; D.C. Official Code § 10-801), is amended by adding a new subsection (d-6) to read as follows:

"(d-6) Notwithstanding subsection (d) of this section, the time period within which the Mayor may dispose of District-owned real property located at 5131 Nannie Helen Burroughs Avenue, N.E., designated for tax and assessment purposes as Lot 801 in Square 5196 ("Property"), for the construction of a mixed-use residential and retail development, which was approved by the Council pursuant to the Strand Theater Disposition Approval Resolution of 2009, effective October 9, 2009 (Res. 18-263; 56 DCR 8410), is extended to December 9, 2016.".

Sec. 3. Applicability.

This act shall apply as of September 11, 2016.

Sec. 4. Fiscal impact statement.

The Council adopts the fiscal impact statement of the Chief Financial Officer as the fiscal impact statement required by section 4a of the General Legislative Procedures Act of 1975, approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).

Sec. 5. Effective date.

This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 90 days, as provided for emergency acts of the Council of the District of Columbia in section 412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; D.C. Official Code § 1-204.12(a)).