00090726 —

Mar 12-1:50
Listing Began:

Description

Seller's Comments and Description:

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

10:30 A.M., February 25, 2025

TELEPHONIC CONFERENCE DIAL-IN

PHONE NUMBER: 1 304-306-2335;

PASSCODE: 864062028#

MICROSOFT TEAMS MEETING

Meeting ID: 271 980 577 609;

Passcode: it2Ex3YV

Notice is hereby given that the District of Columbia (the “District”) will hold a virtual 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 $80,000,000 (the “Bonds”). The proceeds of the Bonds will be used to make a loan to National Links Trust Inc. (the “Borrower”). The loan will be used to finance, refinance or reimburse the Borrower for certain costs of: (1) the renovation, construction, rehabilitation and equipping of three existing golf course facilities, including clubhouses, maintenance facilities and driving ranges, with street addresses at 6100 16 th Street NW, Washington, DC, 2600 Benning Road NW, Washington, DC and 972 Ohio Drive, SW, Washington, DC (collectively, the “Facilities”), (2) the purchase and installation of certain equipment and furnishings, together with other property, real and personal, functionally related and subordinate to the Facilities; (3) funding certain working capital costs, to the extent financeable relating to the Bonds; (4) funding interest on the Bonds and 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 owned by the Borrower. 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 virtual public hearing, which may be continued or adjourned, will be held at 10:30 a.m. on February 25, 2025, using the dial-in telephone number and access code or the Microsoft Teams meeting 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) 812-6090. Please feel free to contact William Liggins at William.liggins@dc.gov to request a meeting invitation to the Microsoft Teams meeting. 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 February 21, 2025, 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.

February 17, 2025 Ad#90726





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