Bill > B26-0219

This bill amends the Malcolm X Surplus Declaration and Disposition Approval Act of 2022 to extend the timeline and update details for a specific real estate development project located at 1351 Alabama Avenue, SE in Washington, D.C. The bill modifies the definition of the "Project" to specify it will include approximately 150 residential units, 7,500 square feet of daycare space, and 2,000 square feet of retail space, and updates references to the term sheet and land disposition agreement. Most significantly, the bill extends the disposition authority timeline from 2 years to 4 years after the original act's effective date, giving the developers more time to complete the project. The changes reflect updated documentation and project details transmitted by the Mayor to the City Council, specifically referencing the enrolled version of Bill 26-219. The bill will take effect after mayoral approval and a 30-day congressional review period, which is standard for District of Columbia legislation under the Home Rule Act.

Business and Industry

https://lims.dccouncil.gov/Legislation/B26-0219