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Administrative Law

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Hospital Finance Authority
Date/Time: 9/17/2020 -- 12:00 PM
Location:
322 70th Street SE
Charleston WV 25304
State Treasurer's 2nd floor conference room
Purpose:

NOTICE OF PUBLIC HEARING

Notice is hereby given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended (the Code), that on Thursday, September 17, 2020, a public hearing will be held in the second-floor conference room in the West Virginia State Treasurers Office located at 322 70th Street, SE, Charleston, West Virginia, and by teleconference at 1-800-466-8543, passcode 285355, commencing at 12:00 Noon, local time, with respect to the proposed issuance by the West Virginia Hospital Finance Authority (the Issuer) of qualified 501(c)(3) bonds as defined in Section 145 of the Code and as described below.

The Issuer intends to issue its Hospital Revenue Bonds (HealthNet Aeromedical Services, Inc.), in one or more series, in an aggregate principal amount not to exceed $8,500,000 (collectively, the 2020 Bonds), the proceeds of which will be loaned to HealthNet Aeromedical Services, Inc. (HealthNet), and used by HealthNet, together with other available funds, to pay, finance, refinance or reimburse payment by HealthNet of the costs of one (1) medically configured Airbus Model EC-145 helicopter, SN 9861 (the Helicopter), together with all related equipment and accessories, and professional fees related thereto for the benefit of West Virginia University Hospitals, Inc., a West Virginia nonprofit corporation (WVUH). The Helicopter will be primarily used by WVUH and hangered at 300 Lawless Road, Westover, WV 26501.

The 2020 Bonds will be special obligations of the Issuer and will not constitute a debt or a pledge of the faith and credit of the Issuer or a pledge of the faith and credit or taxing power of the State of West Virginia or any political subdivision thereof. Persons wishing to express their views on the proposed issuance of the 2020 Bonds may appear at the hearing or may submit their views in writing regarding the proposed issuance of the 2020 Bonds. Any written submissions should be sent to the West Virginia Hospital Finance Authority, 322 70th Street SE, Charleston, West Virginia 25304, Attention: Chairman, and clearly marked Re: West Virginia Hospital Finance Authoritys Hospital Revenue Bonds (HealthNet Aeromedical Services, Inc.). Written submissions should be mailed in sufficient time to be received before September 17, 2020.

West Virginia Hospital Finance Authority, James R. Christie, Chairman.

4837-3456-

NOTICE OF PUBLIC HEARING

Notice is hereby given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended (the Code), that on Thursday, September 17, 2020, a public hearing will be held in the second-floor conference room in the West Virginia State Treasurers Office located at 322 70th Street, SE, Charleston, West Virginia, and by teleconference at 1-800-466-8543, passcode 285355, commencing at 12:00 Noon, local time, with respect to the proposed issuance by the West Virginia Hospital Finance Authority (the Issuer) of qualified 501(c)(3) bonds as defined in Section 145 of the Code and as described below.

The Issuer intends to issue its Hospital Revenue Bonds (HealthNet Aeromedical Services, Inc.), in one or more series, in an aggregate principal amount not to exceed $8,500,000 (collectively, the 2020 Bonds), the proceeds of which will be loaned to HealthNet Aeromedical Services, Inc. (HealthNet), and used by HealthNet, together with other available funds, to pay, finance, refinance or reimburse payment by HealthNet of the costs of one (1) medically configured Airbus Model EC-145 helicopter, SN 9861 (the Helicopter), together with all related equipment and accessories, and professional fees related thereto for the benefit of West Virginia University Hospitals, Inc., a West Virginia nonprofit corporation (WVUH). The Helicopter will be primarily used by WVUH and hangered at 300 Lawless Road, Westover, WV 26501.

The 2020 Bonds will be special obligations of the Issuer and will not constitute a debt or a pledge of the faith and credit of the Issuer or a pledge of the faith and credit or taxing power of the State of West Virginia or any political subdivision thereof. Persons wishing to express their views on the proposed issuance of the 2020 Bonds may appear at the hearing or may submit their views in writing regarding the proposed issuance of the 2020 Bonds. Any written submissions should be sent to the West Virginia Hospital Finance Authority, 322 70th Street SE, Charleston, West Virginia 25304, Attention: Chairman, and clearly marked Re: West Virginia Hospital Finance Authoritys Hospital Revenue Bonds (HealthNet Aeromedical Services, Inc.). Written submissions should be mailed in sufficient time to be received before September 17, 2020.

West Virginia Hospital Finance Authority, James R. Christie, Chairman.

4837-3456-4554v2

Notes:
Meeting was accepted : 9/10/2020 12:01:15 PM

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