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 conditions, and to provide loans to the National Links Trust Inc. for the project.

The resolution also delineates the responsibilities of various parties involved in the bond issuance, ensuring that the bonds are special obligations of the District without recourse to its general funds or taxing power. It emphasizes compliance with the Home Rule Act and establishes the necessary framework for financing and closing documents. Importantly, it clarifies that district officials will not be personally liable for the bonds, and the authorization to issue bonds will expire if not executed within three years. The resolution includes provisions for severability and public approval requirements, taking effect immediately upon adoption.