The bill authorizes the issuance of up to $37 million in District of Columbia revenue bonds for Maret School, Inc.

The bill allows the issuance of up to $37 million in District of Columbia revenue bonds to finance renovations, construction, and other costs for Maret School, Inc. The funds will cover expenses such as developing, designing, equipping, and renovating the Maret Campus, paying interest on prior bonds, and funding a debt service reserve fund. The Council finds that the economic uncertainty necessitates expediting the bond issuance process to avoid delays that could affect the school's ability to secure favorable interest rates. The resolution takes effect immediately upon approval.

The bill authorizes the issuance of up to $37 million in District of Columbia revenue bonds for Maret School, Inc.

The bill allows the issuance of up to $37 million in District of Columbia revenue bonds to finance renovations, construction, and other costs for Maret School, Inc. The funds will cover expenses such as developing, designing, equipping, and renovating the Maret Campus, paying interest on prior bonds, and funding a debt service reserve fund. The Council finds that the economic uncertainty necessitates expediting the bond issuance process to avoid delays that could affect the school's ability to secure favorable interest rates. The resolution takes effect immediately upon approval.