Authorizes issuance of up to $375 million in District of Columbia revenue bonds to finance the Wonder Plaza redevelopment project.
The bill authorizes the District of Columbia to issue up to $375 million in revenue bonds to finance the Wonder Plaza redevelopment project. The project involves renovating a historic building into a mixed-use facility with student housing, a health and wellness center, retail, and dining. The bonds will fund acquisition costs, construction, refinancing existing debt, and other project costs. The bonds are special obligations of the District without recourse to the District. The District will not be liable for bond payments or project costs.
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