West Virginia Secretary Of State Mac Warner

West Virginia State Treasurer's Office 2nd floor conference room 
322 70th Street SE
Charleston WV 25304

SPECIAL BOARD MEETING

Notice is hereby given that the West Virginia Hospital Finance Authority (the Authority) will conduct a special meeting on Friday, June 23, 2017, at 12:00 noon 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 for the meeting held on February 15, 2017.

3.Election of Vice Chairman.

4.The West Virginia Hospital Finance Board (the Board) will conduct a TEFRA Hearing pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the reissuance of the West Virginia Hospital Finance Authority Hospital Revenue Bond (CAMC Teays Valley Hospital Project) 2008 Series A (as amended, supplemented or otherwise modified, the CAMC Bond), which was originally issued by the Authority on September 30, 2008, in the aggregate principal amount of $26,000,000, the proceeds of which were used at CAMC Teays Valley Hospital (TVH), located at 1400 Hospital Drive, Hurricane, West Virginia, together with other available funds, to: (a) refinance indebtedness incurred to finance and refinance costs of acquiring, constructing, equipping, installing, renovating and otherwise improving hospital facilities, including buildings and related equipment, at TVH, and (b) pay costs of issuing the CAMC Bond. On May 29, 2008, a public hearing concerning the proposed issuance of the CAMC Bond was held by the Authority. The Authority, at the request of Charleston Area Medical Center, Inc., is considering extending the maturity date of the CAMC Bond for up to four (4) years, or, in the alternative, will refund the CAMC Bond and sell such refunding bond to a third-party purchaser with a maturity date to be determined (the Extension). All of such uses are permitted by the West Virginia Hospital Finance Authority Act.

5.Following the public hearing, the Board will then consider and act upon a Resolution approving certain actions, modifications and amendments to the Bond Purchase and Loan Agreement (the BPLA) entered into in connection with the CAMC Bond and the documents entered into in connection with the BPLA and the CAMC Bond to complete the Extension. A second public hearing will be held regarding the Extension on Thursday, June 29, 2017 at 10:00 a.m. in the West Virginia State Treasurers office located at 322 70th Street, SE, Charleston, West Virginia pursuant to the notice published in the Hurricane Breeze.

6.The Board will consider and act upon a Resolution approving certain amendments to the documents relating to the Authoritys Revenue Bond (Pallottine Health Services, Inc.) 2009 Series A (the Pallottine Bond), including the extension of the maturity of such Pallottine Bond by two years to July 1, 2019 and an amendment to the formula for determining the interest rate on the Pallottine Bond.

7.Discussion of budgetary matters.

8.Discussion of any upcoming bond issues of the Authority.