NOTICE OF TELEPHONIC PUBLIC HEARING WITH RESPECT TO PROPOSED REVENUE BOND FINANCING BY THE DISTRICT OF COLUMBIA

9:30 A.M., April 17, 2024

TELEPHONIC CONFERENCE DIAL-IN

PHONE NUMBER: 1-877 304 9269;

PASSCODE: 591074

Notice is hereby given that the District of Columbia (the “District”) will hold a telephonic public hearing with respect to the proposed issuance by the District of its tax-exempt revenue bonds (in one or more series or issues) in an aggregate principal amount not to exceed $45,000,000 (the “Bonds”). The proceeds of the Bonds will be used to make a loan to D.C. Preparatory Academy (the “Borrower”). The loan will be used to finance, refinance or reimburse the Borrower for certain costs of: (1) the renovation, equipping and development of approximately 41,400 square feet of an approximately 104,300 square foot public charter school facility located at 2330 Pomeroy Road, SE, Washington, D.C. (the “Pomeroy Facility”); (2) refinancing of certain existing indebtedness, the proceeds of which were used to finance or refinance the costs of the acquisition and renovation of the Borrower’s approximately 47,000 square foot public charter school facility public charter school facility located at 1409 V Street, SE, Washington, D.C. (the “V Street Facility” and together with the Pomeroy Facility, the “Facilities”); (3) funding certain working capital costs, to the extent financeable relating to the Bonds; (4) funding any credit enhancement costs, liquidity costs or debt service reserve fund relating to the Bonds; and (5) paying cost of issuance and other related costs to the extent permissible relating to the Bonds.

The Facilities will be operated and managed by the Borrower. The V Street Facility will be leased to the District. The Facilities will be used by the Borrower in connection with its charitable purposes. The Bonds will be special, limited obligations of the District payable from loan payments received from the Borrower and other amounts pledged therefor. The Bonds will not be a general obligation of the District and will not be a pledge of or involve the faith and credit or the taxing power of the District.

The telephonic public hearing, which may be continued or adjourned, will be held at 9:30 a.m. on April 17, 2024, using the dial-in telephone number and access code provided at the top of this notice. Persons who wish to present oral testimony at the telephonic hearing should provide their names, addresses and telephone numbers, as well as the organization they represent (if any), to William Liggins at (202) 727-6365. Each person presenting oral testimony will be limited to 4 minutes and should provide Mr. Liggins with 5 written copies of their testimony at, or prior to, the hearing. Persons wishing to submit only written testimony may submit their testimony by 5:00 p.m. on April 15, 2024, to: William Liggins, Office of the Deputy Mayor for Planning and Economic Development, D.C. Revenue Bond-Enterprise Zone Program, 1015 Half Street, S.E., Suite 675, Washington, D.C. 20003 or email to William.liggins@dc.gov.

April 9, 2024 Ad#82631