Details for TEFRA HEARING NOTICE NOTICE OF MEETING AND PUBLIC HEARING OF THE BOARD OF COMMISSIONERS OF HALL COUNTY, NEBRASKA

TEFRA HEARING NOTICE NOTICE OF MEETING AND PUBLIC HEARING OF THE BOARD OF COMMISSIONERS OF HALL COUNTY, NEBRASKA Notice is hereby given that the Board of Commissioners of Hall County, Nebraska (the "County"), will conduct a meeting on Tuesday, May 11, 2021, at 9:00 a.m. The meeting will be held at the County's Administration Building at 121 S. Pine Street in Grand Island, Nebraska. An agenda for the meeting, kept continually current, is available for public inspection at the County Clerk's office during normal business hours, and is also posted on the County's website at hallcountyne.gov. At 9:00 a.m., the Board of Commissioners will conduct a public hearing and consider a resolution regarding the issuance by the County of its Revenue Bonds (Tabitha Grand Island Project), in one or more series pursuant to the plan of financing for the below-described Project, in the maximum aggregate face amount of not to exceed $20,000,000 (the "Bonds"), for the benefit of Tabitha Grand Island, Inc., a Nebraska nonprofit corporation (the "Borrower"). The Bonds are expected to be issued as Qualified 501(c)(3) Bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended. The proceeds of the Bonds will be loaned by the County pursuant to Sections 13-1101 to 13-1110, inclusive, Reissue Revised Statutes of Nebraska, as amended (the "Act") in furtherance of the purposes of the Act, to the Borrower for the purposes of (a) financing or reimbursing a portion of the costs of constructing and equipping a new senior living campus (expected to consist of 157 units providing a 200,000 square foot, full-continuum of senior housing and services) and associated site improvements (the "Project") and (b) financing issuance costs related to the Bonds. The Project is or will be owned and operated by the Borrower, and is or will be located at the west end of the Prairie Commons in Grand Island, Nebraska/proximate to the southwest quadrant of the intersection of Husker Highway and Prairieview Street in Grand Island, Nebraska. THE BONDS SHALL NEVER CONSTITUTE AN INDEBTEDNESS OF THE COUNTY WITHIN THE MEANING OF ANY STATE CONSTITUTIONAL PROVISION OR STATUTORY LIMITATION, SHALL NEVER CONSTITUTE NOR GIVE RISE TO A PECUNIARY LIABILITY OF THE COUNTY OR A CHARGE AGAINST ITS GENERAL CREDIT OR TAXING POWERS, AND NO TAX FUNDS WILL EVER BE USED TO PAY ANY PART THEREOF, SUCH BONDS AND THE INTEREST THEREON TO BE PAYABLE SOLELY FROM THE REVENUES DERIVED BY THE COUNTY FROM THE LOAN AGREEMENT WITH THE BORROWER. All interested persons are invited to present comments at the public hearing or to submit written comments to bond counsel to the County, Gilmore & Bell, P.C., 450 Regency Parkway, Suite 320, Omaha, Nebraska 68114, concerning the issuance of the Bonds and the Project. Marla Conley, County Clerk 4

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