| Purpose: Notice is hereby given that the West Virginia Hospital Finance Authority (the Authority) will conduct a special meeting on Wednesday, May 20, 2015, at 1:00 p.m. in the second floor conference room in the West Virginia State Treasurers office located at 322 70th Street, SE, Charleston, West Virginia. The purposes for which this meeting is being held and the agenda for the meeting will include the following items: 1.Call to Order. 2.Reading and Approval of Minutes. 3.Election of Officers. 4.Consideration of and action on Resolution authorizing the issuance by the Authority of a series of refunding revenue bonds in an aggregate principal amount not to exceed $5,800,000 for the purpose of refunding a portion of the Authoritys outstanding Hospital Revenue Bonds (Valley Health System Obligated Group) Series 2009 (the Series 2009 Bonds). The Series 2009 Bonds financed the construction of the replacement hospital for Hampshire Memorial Hospital, Inc. in Romney, West Virginia. 5.The Board of the Authority (the Board) will conduct a TEFRA Hearing pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the proposed issuance by the Authority of bonds, the proceeds of which will be loaned to Potomac Valley Hospital of W. Va., Inc., a West Virginia nonprofit corporation (PVH), and used by PVH, together with other funds made available, to: (i) refinance certain indebtedness that financed the acquisition, construction, installation, renovation and equipping of PVHs hospital facility located at 100 Pin Oak Lane, Keyser, West Virginia; and (ii) finance costs of issuance incurred in connection with the issuance of such bonds. 6.The Board will conduct a TEFRA Hearing pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the proposed issuance by the Authority of bonds, the proceeds of which (a) will be loaned to St. Josephs Hospital of Buckhannon, Inc., a West Virginia nonprofit corporation (SJH), and used by SJH, together with other funds made available, to: (i) refund a portion of the outstanding principal amount of the Variable Rate Demand Revenue and Refunding Revenue Bonds, 2003 Series A-1 (Pallottine Health Services, Inc. Project) issued by the Issuer for the purpose of financing and refinancing the acquisition, construction, installation, renovation and equipping of SJHs hospital facility located at 1 Amalia Drive, Buckhannon, West Virginia 26201; and (ii) finance costs of issuance incurred in connection with the issuance of the bonds; and (b) will be loaned to West Virginia University Hospitals, Inc., a West Virginia nonprofit corporation, as Obligated Group Agent (the Obligated Group Agent) on behalf of the West Virginia United Health System Obligated Group (the Obligated Group) and used by the Obligated Group, together with other funds made available, to: (i) finance the acquisition of the facilities of SJH not otherwise financed by the SJH Bonds located at 1 Amalia Drive, Buckhannon, West Virginia 26201 by United Hospital Center, Inc., a West Virginia nonprofit corporation and member of the Obligated Group; and (ii) finance costs of issuance incurred in connection with the issuance of such bonds. 7.Following the public hearings, the Board will then consider and act upon Resolutions approving the issuance of bonds for the purposes set forth in Sections 5 and 6 above. 8.Possible other actions relating to the bond issues referenced in 4, 5 and 6 above. 9.Update and possible action on pending litigation. 10.Update and possible action on various outstanding bond issues of the Authority. 11.Discussion of budgetary matters. 12.Update on upcoming bond issues of the Authority. The Board will also conduct regular business. |