Page:United States Statutes at Large Volume 100 Part 3.djvu/868

 100 STAT. 2676

PUBLIC LAW 99-514—OCT. 22, 1986

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The aggregate face amount of bonds to which this subparagraph applies shall not exceed $20,000,000. (I) A facility is described in this subparagraph if— (i) an appraisal for such facility was completed on March 6, 1985, (ii) an inducement resolution was adopted with respect to such facility on June 7, 1985, and (iii) a State bond commission granted preliminary approval for such project on September 3, 1985. The aggregate face amount of bonds to which this subparagraph applies shall not exceed $3,200,000. (J) A sports facility renovation or expansion project is described in this subparagraph if— (i) such facility is a domed stadium which commenced operations in 1965, (ii) such facility has been the subject of an ongoing construction, expansion, or renovation program of planned improvements, (iii) part 1 of such improvements began in 1982 with a preliminary renovation program financed by taxexempt bonds, (iv) part 2 of such program was previously scheduled for a bond election on February 25, 1986, pursuant to a Commissioners Court Order of October 29, 1985, and (v) the bond election for improvements to such facility was subsequently postponed on December 10, 1985, in order to provide for more comprehensive construction planning. The aggregate face amount of bonds to which this subparagraph applies shall not exceed $60,000,000. (K) A facility is described in this subparagraph if— (i) the 1985 State legislature appropriated a maximum sum of $22,500,000 to the State urban development corporation to be made available for such project, and (ii) a development and operation agreement was entered into among such corporation, the city, the State budget director, and the county industrial development agency, as of March 1, 1986. The aggregate face amount of bonds to which this subparagraph applies shall not exceed $28,000,000. (L) A facility is described in this subparagraph if— (i) it is to consist of 1 or 2 stadiums appropriate for football games and baseball games with related structures and facilities, (ii) governmental action was taken on August 7, 1985, by the county commission, and on December 19, 1985, by the city council, concerning such facility, and (iii) such facility is located in a city having a National League baseball team. The aggregate face amount of bonds to which this subparagraph applies shall not exceed $200,000,000. (M) A facility is described in this subparagraph if— (i) such facility consists of 1 or 2 stadium projects (1 of which may be a stadium renovation or expansion project) with related structures and facilities,

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