The Field School, Inc. Revenue Bonds Project Approval Resolution of 2025

This resolution authorizes The Field School, Inc. (a private nonprofit school in Ward 3) to issue up to $25 million in tax-exempt revenue bonds. The funds will finance specific campus projects: building a 15,000-square-foot Innovation Center, renovating the Wonder Building and athletic fields, and improving parking at 2301 Foxhall Road NW. Crucially, the District of Columbia will not be liable for repayment - the bonds are non-recourse, meaning the school, not public funds, must repay them. This resolution directly affects The Field School’s ability to finance its campus improvements without using District tax revenue or credit.