CLASSIFIEDS
00098884 —
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
9:30 A.M., January 8, 2026
800-320-6495; or Zoom at: https://zoom.us/join
Meeting ID: 910 9329 7279; Passcode: 597013
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 $25,000,000 (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 acquisition, renovation, equipping and development of an approximately 42,000 square foot public charter school facility located at 711 Edgewood Street NE, Washington, D.C. (the “Facility”); (2) funding certain working capital costs, to the extent financeable relating to the Bonds; (3) funding any credit enhancement costs, liquidity costs or debt service reserve fund relating to the Bonds; and (4) paying cost of issuance and other related costs to the extent permissible relating to the Bonds.
The Facility will be owned, operated and managed by the Borrower. The Facility 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 9:30 a.m. on January 8, 2026, using the dial-in telephone number and access code or the Zoom 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 Zoom 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 January 6, 2026, to: William Liggins, Office of the Deputy Mayor for Planning and Economic Development, D.C. Revenue Bond-Enterprise Zone Program, 1015 Half Street, SE, Suite 675, Washington, DC 20003 or email to William.liggins@dc.gov.
December 29th, 2025 Ad#98884