The District of Columbia approves the issuance of up to $30.5 million in revenue bonds to finance improvements at St. Patrick’s Episcopal Day School.
The District of Columbia Council has approved the issuance of up to $30.5 million in revenue bonds to finance improvements at St. Patrick’s Episcopal Day School. The bonds will be used to refinance existing debt, fund the acquisition and improvement of a new middle school facility, and cover various related costs. The project includes the construction of a new 33,000 square foot middle school building, parking facilities, and related real and personal property. The bonds are special obligations of the District, without recourse to the District, and do not constitute a debt of the District.
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