The resolution authorizes the issuance of up to $17 million in District of Columbia revenue bonds to support Harmony DC Public Charter Schools in financing a public charter school facility project. This project involves the acquisition, renovation, and equipping of a 33,774 square foot school facility located at 2917 8th Street NE, Washington, DC, along with funding for working capital and related costs. It outlines the roles of various officials, including the Mayor, in managing the bond issuance process, while ensuring that 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.

The resolution also establishes that elected or appointed officials will not be personally liable for the payment of the bonds, and it mandates the filing of relevant documents with the Secretary of the District of Columbia. It clarifies that the issuance of bonds is at the District's discretion and does not obligate the District to issue bonds for the benefit of the Borrower or guarantee the project's viability. Additionally, it includes provisions for expiration if bonds are not issued within three years, severability of provisions, and compliance with public approval requirements, with the resolution taking effect immediately upon adoption.