The Sojourner Truth Public Charter School Revenue Bonds Project Approval Resolution of 2024

This resolution authorizes the District of Columbia to issue up to $40 million in revenue bonds to help The Sojourner Truth Public Charter School finance specific projects. The funds will be used to pay off existing loans, cover costs for leasehold improvements at the school's Perry Street location, and support the construction and development of a new facility at 16th Street. The bill also allows the school to use the money for working capital needs and to pay fees associated with issuing the bonds. By approving this financing, the District enables the charter school to secure capital for its infrastructure and operational requirements without directly spending general tax revenue.