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Committee approves $22 million in revenue bonds for Richard Wright Public Charter School
Summary
The committee approved a draft report recommending up to $22 million in District revenue bonds to finance campus modernization, expansion of instructional space, new classrooms and science labs, and a media newsroom for Richard Wright Public Charter School.
The Committee on Business and Economic Development approved a draft report recommending the issuance, sale, and delivery of up to $22,000,000 in District of Columbia revenue bonds to finance campus improvements and refinance existing indebtedness for Richard Wright Public Charter School.
Chair McDuffie described planned renovations and expansions, including modernization of the existing building, additional instructional space, updated science laboratories, and a dedicated media newsroom and theater to support the school's media-focused curriculum. "This measure authorizes the issuance, sale, and delivery of up to $22,000,000 in District of Columbia revenue bonds to finance campus improvements and refinance existing indebtedness to the Richard Wright Public Charter School," McDuffie said.
McDuffie moved the draft committee report with leave for staff to make technical, editorial, and conforming changes; members voiced 'aye' and the chair declared the measure approved unanimously by the committee.
