The "Georgetown University Revenue Bonds Project Emergency Approval Resolution of 2025" seeks the Council of the District of Columbia's authorization for the issuance of up to $675 million in tax-exempt revenue bonds. These funds will be utilized by Georgetown University for various projects, including the construction and renovation of academic buildings, a research laboratory, and a new science center, as well as upgrades to technology infrastructure and general facility improvements. Importantly, the resolution clarifies that these bonds will not constitute a general obligation of the District, meaning they will not involve the District's credit or taxing power, thereby ensuring no financial liability for the District.

The resolution emphasizes the public benefits of the project, which include enhancing educational and housing opportunities for District residents, contributing to community betterment, and creating job opportunities. The Mayor is granted authority to oversee the bond issuance process, ensuring compliance with relevant laws and regulations. The financial feasibility of the bond issuance has been confirmed, and the resolution includes a fiscal impact statement from the Chief Financial Officer. It is presented as an emergency measure, urging prompt action from the Council, and is set to take effect immediately upon approval.