Authorizes the District of Columbia to issue up to $17 million in revenue bonds for Harmony DC Public Charter Schools to finance the acquisition and.
The District of Columbia is authorized to issue up to $17 million in revenue bonds to assist Harmony DC Public Charter Schools in financing the acquisition, renovation, equipping, and development of a new campus. The bonds will fund the purchase of a new campus, renovations, and other related costs. The District will not be liable for the bonds, which will be special obligations without recourse to the District. The bonds will be issued in accordance with the District of Columbia Home Rule Act and will be exempt from federal income taxes.
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