| Purpose: NOTICE OF PUBLIC HEARING THE WEST VIRGINIA HOSPITAL FINANCE AUTHORITY NOTICE IS HEREBY GIVEN, pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, that the West Virginia Hospital Finance Authority (the "Authority") contemplates the adoption of a bond authorizing resolution (the "Resolution") at a special meeting to be held on THURSDAY, JUNE 23, 2016, at NOON, prevailing time, which Resolution would approve the issuance of its Hospital Refunding Revenue Bonds, Series 2016 (St. Marys Medical Center, Inc.) in the maximum aggregate principal amount of $10,000,000 (the "Series 2016 Bonds"), pursuant to Chapter 16, Article 29A of the Code of West Virginia, 1931, as amended, to refund certain bonds heretofore issued by the Authority for the benefit of St. Marys Medical Center, Inc., a West Virginia nonprofit corporation (the "Borrower"), being the Authoritys Revenue Bond (Pallottine Health Services, Inc.) 2009 Series A (the "Prior Bonds"), and paying costs of issuance of the Series 2016 Bonds and related costs. The Borrower is the owner and operator of St. Marys Medical Center, a general acute-care hospital facility, located at 2900 First Avenue and/or 2825 Fifth Avenue, both in Huntington, West Virginia 25702. The Prior Bonds were issued to finance or refinance the acquisition, construction, equipping and installation of certain hospital facilities, as that term is defined in the Act including, without limitation, (i) construction of a parking garage, (ii) acquisition and installation a new chiller plant, (iii) acquisition and installation of a patient monitoring system and (v) acquisition of capital equipment and making improvements to the Borrowers existing facilities, owned and operated by the Borrower and located at 2900 First Avenue and/or 2825 Fifth Avenue, both in Huntington, West Virginia 25702. The Series 2016 Bonds shall not constitute an indebtedness of the Authority, but shall be special and limited obligations of the Authority, payable solely from the revenues, other amounts and properties pledged therefor under a Trust Indenture between the Authority and the Trustee thereunder, and neither the Series 2016 Bonds nor the interest thereon, nor any charge in connection therewith, shall be a charge against the general credit or taxing powers, if any, of the Authority, nor shall the same ever constitute an indebtedness of the Authority within the meaning of any constitutional provision or statutory limitations. A public hearing will be held on the question of issuing the Series 2016 Bonds, before the members of the Authority at a special meeting thereof, which public hearing shall be held in the second floor conference room in the West Virginia State Treasurers office located at 322 70th Street, Charleston, West Virginia 25304, on THURSDAY, JUNE 23, 2016, at NOON prevailing time, and any person or persons interested may appear before the Authority to present written or oral protests, comments and suggestions and be heard as to the proposed issue of Series 2016 Bonds and the nature of the facilities and as to whether or not the Resolution shall be adopted. Following said public hearing, the Authority intends to vote on the adoption of said Resolution and to take such action as it deems proper. Additional information concerning the above may be obtained from, and written comments should be addressed to: Camden P. Siegrist, Esq., counsel to the Authority, at the offices of Bowles Rice LLP, 600 Quarrier Street, Charleston, West Virginia 25301. /s/ James R. Christie Chairman |