PR 26-0034 Legislature · 26th Council Period (2025-2026)

National Links Trust Inc. Revenue Bonds Project Approval Resolution of 2025

This resolution authorizes the District of Columbia to issue up to $80 million in tax-exempt revenue bonds for the renovation and construction of new facilities at three public golf courses: Langston, East Potomac, and Rock Creek Park. The bonds will finance new clubhouses, driving ranges, and maintenance facilities, with repayment solely the responsibility of National Links Trust Inc. (a nonprofit organization managing the courses), not the District. The resolution ensures the bonds do not constitute a debt of the District, use its taxing power, or create financial liability for the District under the Home Rule Act.

Bill status signed all 4 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

Council Passage

Mar 2025

Signed into Law

Mar 2025

Introduced Jan 10, 2025 Signed Mar 4, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduction → Enrollment · 3 edits

MINOR

The bill was converted from a Mayor's letter introducing a draft resolution into the official enrolled version of the resolution itself. The most significant policy change is the expansion of the funded project scope to include paying interest on the bonds, credit enhancement costs, and debt service reserve funds, in addition to construction and working capital. The specific street addresses for the three golf courses were also updated to correct the directional indicators (NW/NE/SW).

Scope change

The scope of the funded project was expanded to include debt service costs (interest and reserves) and credit enhancements, which were not explicitly included in the original draft text.

SCOPE

The definition of the 'Project' was expanded to include funding for interest payments, credit enhancement costs, liquidity costs, and debt service reserve funds related to the bonds.

TECHNICAL

Street addresses for the three golf course facilities were updated to correct the directional indicators (e.g., changing '2600 Benning Road NW' to '2600 Benning Road, NE').

The document format changed from a cover letter and draft resolution to the official enrolled resolution text, including the Council's findings and findings section.

Floor votes · Council Mar 4, 2025

How they voted

12–0

Passed

Total votes 12

Mar 4, 2025

D Democratic10

10 Yea

100% Yea

I Independent2

2 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 4, 2025

Council · Passed

Council Vote: pass (12-0)

council

Feb 24, 2025

Legislature · Passed

Committee Mark-up of PR26-0034 by the Business and Economic Development Committee

legislature

Jan 21, 2025

Committee

Referred to Committee on Business and Economic Development

legislature

Jan 10, 2025

Introduced

PR26-0034 Introduced by Chairman Mendelson at Office of the Secretary

legislature

1 primary · 0 co-sponsors