The District of Columbia approves the issuance of up to $37 million in revenue bonds to finance Maret School's building renovations and refinancing.
The District of Columbia approves the issuance of up to $37 million in revenue bonds to finance Maret School's building renovations and refinancing of existing bonds. The bonds will fund the purchase and renovation of a new building, refinancing of previous bond series, and other related costs. The Maret School, a nonprofit corporation, will use the proceeds to renovate its facilities and pay off existing debt. The District will not be liable for the bonds, which are not considered general obligations of the District. The bonds will be issued under the Maret School, Inc.
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