The Maret School, Inc. Revenue Bonds Project Emergency Approval Resolution of 2025 authorizes the issuance of up to $37 million in revenue bonds by the District of Columbia. These funds will be loaned to Maret School, Inc., a nonprofit organization, to finance various projects, including renovations and improvements to the school's facilities. The resolution delineates the responsibilities of the Mayor and other authorized delegates in managing the bond issuance process, ensuring adherence to the District's Home Rule Act. Importantly, the bonds will be special obligations of the District, meaning they will not constitute a debt or pledge of the District's credit or taxing power, with repayment secured solely from the bond sale proceeds and specified revenues.

The resolution also clarifies that the District is not liable for any costs beyond those explicitly stated and that no claims for damages can be made against the District or its officials unless there is evidence of willful misconduct. It emphasizes that the bond issuance is at the District's discretion and does not guarantee the project's viability or the borrower's financial soundness. Additionally, the bond authorization will expire if not executed within three years, and the resolution will take effect immediately upon adoption, with a copy sent to the Mayor for further action.