Place an ad
WARNING: This ad has expired and is no longer valid as of August 24, 2022

Notice of Public Hearing Notice is Hereby Given

NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be held by the Board of County Commissioners of the County of Clark, Ohio (the "County") on Wednesday, August 24, 2022, at or about 10:00 AM at 3130 East Main Street, Room 151, Springfield, Ohio 45503, as a joint undertaking with Allen County, Ohio, to discuss the possible issuance by the County of Allen, Ohio (the "Issuer"), for itself and in cooperation with certain counties including the County, of its County of Allen, Ohio Hospital Facilities Revenue Bonds, Series 2022 (Bon Secours Mercy Health, Inc.), in one or more series (the "Series 2022 Bonds"), pursuant to Chapter 140, Ohio Revised Code (the "Act"). It is anticipated that the proceeds of the Series 2022 Bonds will be made available to Bon Secours Mercy Health, Inc. (the "Corporation"), a Maryland nonprofit nonstock membership corporation, and certain of its nonprofit affiliates. The Series 2022 Bonds will be issued as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended, to (i) finance and refinance, including reimbursement, additional "Hospital Facilities" as defined in Section 140.01 of the Act, located or anticipated to be located at the following locations in the County: (A) 240 Enon Road North, Enon, known as Enon MOB, (B) 1343 North Fountain Boulevard, Springfield, known as Springfield Regional Imaging Center and Hospice, (C) 2501-2503 East High Street, Springfield, known as Community Mercy Center for Occupational Health and Medicine, (D) 2600 and 2610 North Limestone Street, Springfield, known as Community Mercy Rehab Center and Springfield Regional Outpatient Center, (E) 2055 South Limestone Street, Springfield, known as South Springfield Family Medicine, (F) 2105 East High Street, Springfield, known as East Springfield Internal Medicine, (G) 30 West McCreight Avenue, Springfield, known as Mercy Crest Medical Arts Building, North Family Medicine, (H) 100 West McCreight Ave, Springfield, known as Mitchell Thomas Center fka Mercy St. John's Center, (I) 211 Northparke Road, Springfield known as Clark County Gastroenterology and Northparke Internal Medicine, (J) 218 Northparke Road, Springfield, (K) 148 West North Street, Springfield, known as Springfield Regional Cancer Center, (L) 200, 206, 216, 218, 296 O'Connor Lane, Springfield, (M) 1310, 1316, 1320 Pythian Avenue, Springfield, (N) 100 Medical Center Drive, Springfield, Ohio, (O) 200 Medical Center Drive Suite 100, Springfield, known as Community Hospital Health Services Foundation, (P) 200 West Ward Street Springfield, known as North Family Medicine Wittenberg Clinic, (Q) 346 South Burnett Road, known as CMHP lab, (R) 362 South Burnett Road, known as CMHP Wound Care Center, (S) 1911 E. High Street, Springfield, Ohio known as Cardiologists of Clark & Champaign County, (T) 234 Hubert Avenue, Springfield, Ohio known as Cardiologists of Clark & Champaign County, (U) 1840 Springfield Road, also referred to as 1840 Dayton Springfield Road, Fairborn, Ohio, known as Mercy Health Dayton Springfield Emergency Center (each, a "project" and collectively, the "projects"), the initial legal owner or principal user of each project being Community Mercy Health Partners or Mercy Health Physicians LLC, each an Ohio nonprofit corporation or limited liability company, or the Corporation, or a related party thereof; (ii) refinance all or a portion of a taxable loan, the proceeds of which refunded the outstanding principal amount of the $89,425,000 County of Allen, Ohio Adjustable Rate Hospital Facilities Revenue Bonds, Series 2017B (the "Series 2017B Bonds"); and (iii) finance certain costs associated with the issuance of the Series 2022 Bonds. The Corporation and its non-profit affiliates operate a healthcare system on several campus sites. The projects are and will be used by the Corporation in an integrated operation for the delivery of healthcare, education, scientific research and administrative activities supporting those activities on several campuses. Not more than $20,000,000 of the stated principal amount of the Series 2022 Bonds will be spent at the projects in the aggregate, and not more than $10,000,000 of the stated principal amount of the Series 2022 Bonds will be spent at any one project listed in this notice. The aggregate principal amount of the Series 2022 Bonds will not exceed $300,000,000. THE SERIES 2022 BONDS SHALL NOT REPRESENT OR CONSTITUTE A DEBT OR PLEDGE OF THE FAITH AND CREDIT OR THE TAXING POWER OF THE COUNTY OF CLARK, THE ISSUER OR ANY OTHER POLITICAL SUBDIVISION OF THE STATE OF OHIO. Interested persons are invited to attend this public hearing and will be given an opportunity to express their views concerning the proposed issuance of the Series 2022 Bonds. Written comments may also be given by submitting them to Megan Burr, Clerk of the Board of County Commissioners, Springview Government Center, 3130 East Main Street, Springfield, Ohio 45503, prior to the public hearing. /s/ Megan Burr Clerk, Board of County Commissioners County of Clark, Ohio 8-16/2022
August 16, 2022
August 24, 2022
August 24, 2022 8:05pm