The resolution authorizes the issuance of up to $80 million in revenue bonds by the District of Columbia to support the National Links Trust Inc. in financing a project that involves the renovation and construction of three golf course facilities in Washington, D.C. This initiative aims to enhance local sports, entertainment, and recreational facilities, thereby contributing to the economic development and welfare of the District's residents. The Mayor is empowered to oversee the bond issuance process, including setting the terms and ensuring compliance with applicable laws.

The resolution delineates the responsibilities of involved parties, including the Mayor and bond counsel, while clarifying that the bonds will not create a financial obligation for the District. Proceeds from the bonds will be allocated for project-related expenses such as construction and equipment purchases. It also includes provisions to limit the District's liability, ensures the validity of signatures on the bonds, and mandates reporting requirements to the Council. Importantly, the resolution states that the issuance of bonds is at the District's discretion and does not guarantee the project's viability or the financial soundness of the Borrower, with a three-year expiration for the bond authorization if not executed within that period.