Georgetown University Revenue Bonds Project Emergency Declaration Resolution of 2025

This bill authorizes the District of Columbia to issue up to $675 million in tax-exempt revenue bonds for Georgetown University's campus projects, without the District assuming financial liability. The bonds will refund previous District bonds used to fund specific university projects, including a new science center at 3700 O Street, renovations at law center facilities, and technology upgrades across multiple campus locations. The resolution explicitly states the District will not be liable for repayment, as the bonds are "without recourse to the District" and do not constitute a debt or pledge of the District's credit. This is a financing mechanism for Georgetown University, not a new public policy or service.