Page:United States Statutes at Large Volume 96 Part 2.djvu/564

 96 STAT. 1926

PUBLIC LAW 97-378—DEC. 22, 1982

remain available until expended and be advanced upon request of the Mayor: Provided, That there is hereby rescinded $48,832,500 in capital loan authority. DIVISION OF EXPENSES

The following amounts are appropriated for the District of Columbia for the current fiscal year out of the general fund of the District of Columbia, except as otherwise specifically provided: GOVERNMENTAL DIRECTION AND SUPPORT

Report to Congress.

Governmental direction and support, $69,545,500: Provided, That not to exceed $2,500 for the Mayor, $2,500 for the Chairman of the Council of the District of Columbia, and $2,500 for the City Administrator shall be available from this appropriation for expenditures for official purposes: Provided further. That not to exceed $7,500 of this appropriation shall be available for test borings and soil investigations: Provided further. That none of the funds appropriated for the Office of Financial Management shall be apportioned and payable for debt service for short-term borrowing on the bond market: Provided further. That any program fees collected from the issuance of debt shall be available for the payment of expenses of the debt management program of the District of Columbia: Provided further, That notwithstanding any other provision of law, there is hereby appropriated $1,689,000 to pay legal, management, investment and other fees and administrative expenses of the District of Columbia Retirement Board of which $425,000 shall be derived from the general fund and not to exceed $1,264,000 shall be derived from the earnings of the applicable retirement funds: Provided further. That J^\^Q District of Columbia Retirement Board shall provide to the Congress a quarterly report of the allocations of charges by fund and of expenditures of all funds: Provided further. That the District of Columbia Retirement Board shall provide the Mayor for transmittal to the Council of the District of Columbia an item accounting of the planned use of appropriated funds in time for each annual budget submission and the actual use of such funds in time for each annual audited financial report. ECONOMIC DEVELOPMENT AND REGULATION

Economic development and regulation, $58,485,400: Provided, That the District of Columbia Housing Finance Agency established by section 201 of D.C. Law 2-135, effective March 3, 1979 (D.C. Code 45-2111), based upon its capability of repayments as determined each year by the Council of the District of Columbia from the Agency's annual audited financial statements to the Council of the District of Columbia, shall repay $4,000,000 to the general fund at an interest rate of 4 percent per annum for a term of fifteen years, with a deferral of payments for the first three years: Provided further. That notwithstanding the foregoing provision, the obligation to repay all or a part of the $4,000,000 shall be subject to the rights of the holders of any bonds or notes issued by the Agency and shall be repaid to the District only from available operating revenues of the Agency which are in excess of the amounts required for debt service, reserve funds, and operating expenses: Provided further. That upon commencement of the debt service payments, such

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