The Friendship Public Charter School, Inc. Revenue Bonds Project Approval Resolution of 2026 authorizes the issuance of up to $90 million in revenue bonds by the District of Columbia to finance various projects for Friendship Public Charter School, Inc. This funding will support capital improvements across multiple school campuses and the acquisition and renovation of facilities. The resolution delineates the responsibilities of the Mayor and other authorized delegates in overseeing the bond issuance process, including document preparation and fund establishment, while ensuring that the bonds will be special obligations of the District, thereby not involving its credit or taxing power.

Additionally, the resolution outlines the terms and conditions for the bond issuance, emphasizing that the District will not incur any financial liability related to the bonds, nor will it be responsible for any payments. It includes provisions for document maintenance, information reporting, and compliance with public approval requirements, mandating that relevant documents be filed with the Secretary of the District of Columbia. The resolution also contains a severability clause to maintain the effectiveness of the remaining provisions if any part is invalidated, and it concludes with a fiscal impact statement, taking effect immediately upon adoption.