WASHINGTON -- A House committee will review next week two proposed projects that would use a municipal finance technique that is new to the District of Columbia.

The proposals, to build a $200 million sports arena and a $521 million convention center project, would involve issuance of taxable and tax-exempt revenue bonds by two newly created authorities, the Sports Commission and the Washington Convention Center Authority. The district has never used authorities to finance facilities, a technique commonly used by other jurisdictions.

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