VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, intends to modify certain terms of its Vermont Educational and Health Buildings Financing Agency Revenue Bond (North Country Hospital Project) 2016 Series A (the “2016 Bond”), which will result for federal income tax purposes in a deemed “reissuance” of the 2016 Bond as a “qualified 501(c)(3) bond,” as such term is defined in Section 145 of the Internal Revenue Code of 1986 (the “Code”).  Upon the deemed reissuance of the 2016 Bond, the proceeds of the deemed reissued 2016 Bond (the “Reissued Bond”) will be deemed to be loaned to North Country Hospital and Health Center, Inc. (the “Corporation”) to refund the 2016 Bond, which is currently outstanding in the principal amount of approximately $10,073,963.33.

The 2016 Bond was issued to provide funds to the Corporation to refund the Agency’s outstanding Variable Rate Demand Revenue Bonds (North Country Hospital Project) 2007 Series A (the “2007 Bonds”) and to pay certain costs incurred in connection with the issuance of the 2016 Bonds.

The 2007 Bonds were issued to provide funds to the Corporation to (i) refund the Agency’s outstanding Hospital Revenue Bond (North Country Hospital Project) 2004 Series A (the “2004 Bonds”) and Hospital Revenue Bond (North Country Hospital Project) 2002 Series A (the “2002 Bonds”); (ii) pay, or reimburse the Corporation for paying, a portion of the costs of (a) the capital expenditures comprising the Corporation’s capital budgets for its 2007, 2008 and 2009 fiscal years relating to the acquisition, construction, renovation, replacement, equipping and furnishing of its healthcare facilities, including its diagnostic imaging services, emergency room/nursing services, medical and surgical services, laboratory, information systems, medical records, administrative services and infrastructure elements, and (b) a new, one-story, approximately 19,000 square-foot, primary care building (collectively, the “2007 Project”); (iii) pay certain costs incurred in connection with the issuance of the 2007 Bonds; and (iv) pay a portion of the fees for an irrevocable, direct-pay letter of credit issued to secure the 2007 Bonds.

The 2004 Bonds were issued to provide funds to the Corporation to (i) current refund the portion of the Agency’s outstanding Variable Rate Demand Hospital Revenue Bonds (North Country Hospital and Nursing Home Project) 1996 Series A (the “1996 Bonds”) allocable to the 1996 Hospital Project described below; (ii) pay, or reimburse the Borrower for paying, a portion of the costs of acquiring, constructing, renovating or equipping capital projects with respect to the Borrower’s healthcare facilities, including (a) renovations to its existing radiology, patient area, medical service area, operating room and laboratory facilities, and (b) routine capital improvements and equipment acquisition, including CT scanner replacement, nuclear medicine gamma camera and related equipment, radiology equipment, patient area equipment, administration and information technology equipment, operating room equipment, laboratory equipment, furniture, fixtures and other major moveable equipment, and building renovations for its wood chip steam plant and chiller (collectively, the “2004 Project”); (iii) pay certain costs incurred in connection with the issuance of the 2004 Bonds; and (iv) pay a portion of the fees for an irrevocable, direct-pay letter of credit issued under a letter of credit reimbursement agreement.

The 2002 Bonds were issued to provide funds to the Corporation to (i) current refund the Agency’s outstanding (A) Hospital Revenue Bonds (North Country Hospital Project), Series 1998 (the “1998 Bonds”) and (B) Hospital Revenue Bonds (North Country Hospital Project), Series 1995 (the “1995 Bonds” and together with the 2007 Bonds, the 2004 Bonds, the 2002 Bonds, and the 1998 Bonds, the “Prior Bonds”); (ii) pay a portion of the costs of major renovations to the Emergency, Surgical, Patient and Central Supply Departments of the Borrower’s healthcare facilities, as well as the replacement of various infrastructure elements, including heating, air-handling, electrical and other mechanical systems and diagnostic and patient environment furniture, fixtures and equipment (collectively, the “2002 Project”); and (iii) pay certain expenses incurred in connection with the authorization and issuance of the 2002 Bonds.

The 1998 Bonds were issued to provide funds to the Corporation to (i) finance a portion of the cost of the purchase of computer hardware and software to upgrade the Borrower’s clinical and financial information systems (the “1998 Project”) at the Borrower’s healthcare facilities; and (ii) pay certain costs incurred in connection with the issuance of the 1998 Bonds.

The 1996 Bonds were issued to provide funds to the Corporation to (i) finance and refinance a portion of the costs of acquiring, constructing and equipping two rural health clinics (the “1996 Hospital Project”); (ii) refinance a bank loan the proceeds of which were used to acquire, construct and equip a nursing home of an affiliate of the Corporation (the “1996 Nursing Home Project”), which nursing home was sold in 2020 and is not being refinanced by the Reissued Bond; and (iii) pay certain costs incurred in connection with the issuance of the 1996 Bonds.

The 1995 Bonds were issued to provide funds to the Corporation to (i) finance a portion of the cost of the capital expenditures, comprising the Borrower’s capital budgets for its 1995, 1996, 1997 and 1998 fiscal years, at the Borrower’s healthcare facilities (the “1995 Project” and together with the 2007 Project, 2004 Project, the 2002 Project, the 1998 Project, the 1996 Hospital Project and the 1996 Nursing Home Project, the “Projects”); and (ii) pay certain costs incurred in connection with the issuance of the 1995 Bonds.

Other than the 1996 Nursing Home Project, which was sold and is not part of the refinancing for which this Notice is being published, the Corporation is and will be the legal owner and principal user of Projects.  The 2007 Project, the 2004 Project, the 2002 Project, the 1998 Project, the 1996 Hospital Project and the 1995 Project are located at 189 Prouty Drive, Newport, Vermont 05855.

Please Take Notice that the Agency will hold a public hearing, as required by Section 147(f) of the Code, at 1:00 p.m. on May 28, 2026, at which time any person may be heard regarding the modification and deemed reissuance of the Reissued Bond and refinancing of the Projects described above. 

The general public may participate in the public hearing by calling the following toll-free telephone number: 877-853-5257 and use meeting I.D.:  354 583 7863 and then press #.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than noon on May 28, 2026.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than noon on May 28, 2026.

Documents regarding the proposed Reissued Bond and other public records regarding the Prior Projects described above are in the possession of the Agency and may be viewed on the Agency’s website at http://www.vehbfa.org/non-profit-finance-announcements/.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

Published May 15, 2026

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, intends to modify certain terms of its Vermont Educational and Health Buildings Financing Agency Revenue Bond (Gifford Medical Center Project) 2021 Series A (the “2021 Bond”), which will result in a deemed “reissuance” of the 2021 Bond as a qualified 501(c)(3) bond, as defined in Section 145 of the Internal Revenue Code of 1986 (the “Code”).  Upon the deemed reissuance of the 2021 Bond, the proceeds of the deemed reissued 2021 Bond (the “Reissued Bond”) will be deemed to be loaned to Gifford Medical Center, Inc. (the “Corporation”) to refund the 2021 Bond, which is currently outstanding in the principal amount of approximately $12,501,000.

The 2021 Bond was issued to provide funds to the Corporation to refund the Agency’s outstanding Revenue Bond (Gifford Medical Center Project) 2014 Series A, (the “2014 Bond”), which was issued to provide funds to the Corporation to (i) refund the Agency’s outstanding Revenue Bond (Gifford Medical Center Project) 2010 Series A, (the “2010 Bonds”) and (ii) finance a portion of the costs of renovating, reconstructing and equipping its 30-bed skilled nursing facility that was located within the Corporation’s hospital facilities into 25, single-occupancy room, medical/surgery/transitional care units, together with the subsequent relocations of the birthing center and the inpatient physical therapy gym (collectively, the “2014 Project”).

The 2010 Bonds were issued to provide funds to the Corporation to refund the Agency’s outstanding Hospital Revenue Bonds (Gifford Medical Center Project) 2006 Series A, (the “2006 Bonds”), which were issued to provide funds to the Corporation to (i) refund the Agency’s outstanding Variable Rate Demand Hospital Revenue Bonds (Gifford Medical Center Project) 2003 Series A, (the “2003 Bonds”); and (ii) finance a portion of the costs of acquiring, constructing, renovating and equipping capital projects with respect to the Corporation’s medical care facilities, including (a) the construction of a ten-bed addition to the Corporation’s Nursing Home, the renovation and reconfiguring of the Corporation’s Rehabilitative Services Department, Diagnostic Imaging Department, Pharmacy, Laboratory and some of its provider clinics, (b) facility system upgrades, including upgrades of the Corporation’s emergency power systems, coolers, chillers and other upgrades, the addition of a new patient/visitor entrance serving the Obstetrics Department, the Medical Surgical Units, the Swing Bed Unit and the Nursing Home, and upgrades and replacements of medical technology equipment for diagnostic services (including for the Corporation’s Diagnostic Imaging Department, Respiratory Therapy Department, Laboratory and some of its provider clinics), procedural services (including for the Corporation’s Operating Room, Ambulatory Care Department and some of its outpatient clinics), and support services (including for the Corporation’s Information Systems Department and other support departments), and (c) minor renovations, soundproofing, and patient privacy and comfort improvement projects (collectively, the “2006 Project”).

The 2003 Bonds were issued to provide funds to the Corporation to (a) pay a portion of the costs of acquiring, constructing, renovating and equipping capital projects with respect to the Corporation’s medical care facilities, including building, equipment and land infrastructure renovations, in-patient and out-patient renovations, radiology equipment, including nuclear scanners, information systems, patient record renovations and equipment (HIPAA compliance), laboratory analyzers, and surgical equipment and (b) refinance existing taxable debt that financed a portion of the costs of acquiring, constructing, renovating and equipping capital projects with respect to the Corporation’s medical care facilities, including information systems, qualified clinical practice space, land improvements including parking, operating and emergency room renovations and equipment, in-patient area renovations, radiology furnishings and equipment, and new main entrance and patient receiving areas (items (a) and (b) collectively, the “2003 Project”).

The Corporation is and will be the legal owner and principal user of the 2014 Project, the 2006 Project and the 2003 Project (collectively, the “Prior Projects”).  The Prior Projects are located at the Corporation’s medical care facilities sites located (a) in Randolph, Vermont at 36-53 South Main Street, 38-44 South Main Street, and 4 Maple Street, (b) in Bethel, Vermont at 1823 VT Route 107, (c) in Sharon, Vermont at 12 Shippee Lane, (d) in Rochester, Vermont at 235 South Main Street, and (e) in Chelsea, Vermont at 356 VT Route 110.

Please Take Notice that the Agency will hold a public hearing, as required by Section 147(f) of the Code, at 11:30 a.m. on March 26, 2026, at which time any person may be heard regarding the modification and deemed reissuance of the Reissued Bond and refinancing of the Prior Projects described above. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  877-853-5257 and use meeting I.D.:  354 583 7863, Passcode 013753.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 11:00 a.m. on March 26, 2026.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 11:00 a.m. on March 26, 2026.

Documents regarding the proposed Reissued Bond and other public records regarding the Prior Projects described above are in the possession of the Agency and may be viewed on the Agency’s website at http://www.vehbfa.org/non-profit-finance-announcements/.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to enter into an agreement consisting of a Master Lease and Sublease Agreement by and among Banc of America Public Capital Corp, as Lessor (the “Lessor”), the Agency, as Lessee, and The University of Vermont Health Network Inc., The University of Vermont Medical Center Inc. (“UVMC”), The University of Vermont Health Network – Home Health & Hospice, Inc., Central Vermont Medical Center, Inc., Porter Hospital, Inc. and Helen Porter Nursing Home, Inc., as sub-lessees, and an equipment schedule with UVMC (the “Lease”), which Lease will be treated as a qualified 501(c)(3) bond, as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”).  The proceeds of the Lease will be used for the purposes of (a) paying, or reimbursing UVMC for paying, a portion of the cost of acquisition and installation of equipment and other fixed and/or moveable personal property to be used in connection with UVMC’s healthcare operations (i) at its main campus located at 111 Colchester Ave., Burlington, Vermont 05401 in the approximate amount of $10,400,000 (the “UVMC Equipment”) and (ii) at its Fanny Allen campus located at 790 Colchester Parkway, Colchester, Vermont 05446 in the approximate amount of $600,000 (collectively with the UVMC Equipment, the “Project”); and (b) paying a portion of the costs incurred in connection with the issuance of the Lease.  The amount to be advanced by the Lessor pursuant to the Lease will be used to pay, or reimburse UVMC for, the costs of the Project, which will be leased to the Agency and subleased by the Agency to UVMC.  UVMC will make Lease Payments consisting of principal and interest components to repay the principal amounts advanced pursuant to the Lease.  The aggregate principal amounts to be advanced pursuant to the Lease shall not exceed $11,000,000.

UVMC is and will be the legal owner and principal user of the Project.

Please Take Notice that the Agency will hold a public hearing, as required by Section 147(f) of the Code, at 10:30 a.m. on September 11, 2025, at which time any person may be heard regarding the proposed Lease and the financing of the Project described above. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  877-853-5257 and use meeting I.D.:  354 583 7863.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 10:00 a.m. on September 11, 2025.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 10:00 a.m. on September 11, 2025.

Documents regarding the proposed transaction and other public records regarding the Project described above are in the possession of the Agency and may be viewed on the Agency’s website at:  http://www.vehbfa.org/non-profit-finance-announcements/.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based. 

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue Bonds (Middlebury College Project) Series 2025 (the “Bonds”) in a total principal amount not to exceed $30,000,000, as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), to make a loan to The President and Fellows of Middlebury College (the “College”) for purposes of:  (a) paying, or reimbursing the College for paying, a portion of the cost of acquiring, constructing, renovating or equipping various capital improvements to its educational facilities, including (i) renovating the bathroom facilities, HVAC systems, windows and exterior doors, accessibility and life safety systems and adding a new elevator in Stewart Hall, a five story, approximately 35,000 square foot, residence hall, which will be modified to contain approximately 142 beds, (ii) renovations to Armstong Science Library to create the Quantitative Center, an approximately 12,000 square foot, two story, collaborative center within McCardell Bicentennial Hall for the College’s faculty, students and staff working in STEM and other quantitative fields, (iii) renovation of the kitchen, food service and related portions of the Kirk Alumni Center, an approximately 11,935 square foot building, (iv) construction of approximately twelve new tennis courts, (v) the construction of a new, four floor, approximately 84,000 square foot, residence hall with approximately 298 beds, and (vi) additional capital expense projects consisting of the acquisition of information technology systems, software and hardware and other campus improvements, as contemplated by the College’s annual capital expense budget (collectively, the “Project”); and (b) paying certain costs incurred in connection with the issuance of the Bonds.

The College is and will be the legal owner and principal user of the Project that will constitute an integrated operation of the College and is located on its main campus at 114 Old Chapel Road, Middlebury, Vermont 05753.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 11:30 a.m. on July 15, 2025, at which time any person may be heard regarding the issuance of the proposed Bonds and the financing of the Project. 

The general public may participate in the public hearing by calling the following toll-free telephone number: 877-853-5257, and use meeting I.D.: 858 6223 9018, passcode: 013753.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 11:00 a.m. on July 15, 2025.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 11:00 a.m. on July 15, 2025.

Documents regarding the proposed Bonds and other public records regarding the Project described above are in the possession of the Agency and will be made available upon request.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based. 

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue Bonds (The Brattleboro Retreat Project), Series 2025 A (the “Bonds”), in an aggregate principal amount not to exceed $6,515,000 as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), to make a loan to The Brattleboro Retreat (the “Corporation”) for purposes of (i) refunding the Agency’s outstanding Revenue Bonds (The Brattleboro Retreat Project) 2015 Series A (the “2015 Bonds”), and (ii) paying a portion of certain expenses incurred in connection with the issuance of the Bonds. 

The 2015 Bonds were issued to provide funds to the Corporation to refund the Agency’s outstanding Revenue Bonds (the Brattleboro Retreat Project) 2011 Series A, the proceeds of which were used to (i) pay, or reimburse the Corporation for paying, a portion of the costs of the acquisition, construction, renovation, furnishing and equipping of the ’s facilities, including repair and replacement of roofs, HVAC system upgrades, plumbing, sparklers, window replacement, flooring, tunnel system renovations and various other repairs to housing facilities, furniture and equipment for patient areas and offices and the acquisition and implementation of an electronic medical records system (the “2011 Project”), and (ii) refund the Agency’s Variable Rate Demand Revenue Bonds (the Brattleboro Retreat Project) 2007 Series A, which were issued to refinance various capital improvements of the Corporation, including the acquisition of an information assembly, processing and control system, the making of certain major repairs to the facilities of the Corporation; including electrical upgrades, alarm and security systems, roads and·landscaping, roofing, interior renovations; lighting; heating and, life-safety code improvements, improvements to a steam turbine generator and the acquisition of vehicles and heavy equipment and other furnishings and equipment, including elevators (collectively with the 2011 Project, the “Projects”). 

The Projects constitute an integrated operation of the Corporation and are all located in Brattleboro, Vermont at 178 Linden St., 256 Linden St., 672 East Orchard Street, and on the Corporation’s main campus at 22 Anna Marsh Lane, Brattleboro, Vermont 05302.  The Corporation is the legal owner and principal user of the Projects.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 11:00 a.m. on Monday, July 7, 2025, at which time any person may be heard regarding the issuance of the proposed Bonds and the refinancing of the Projects. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  833 548 0276, and use Meeting I.D.: 885 3590 2368, Passcode 471951. Members of the general public may also participate in the public hearing by Zoom using this link: https://us06web.zoom.us/j/88535902368?pwd=QUk5zumS2fFrocZBiDYVuZknmCsNdI.1.  

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 10:30 a.m. on July 7, 2025.

Documents regarding the proposed Bonds and other public records regarding the Projects described above are in the possession of the Agency and will be made available upon request.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based. 

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue, pursuant to a plan of financing, one or more series of its Vermont Educational and Health Buildings Financing Agency Revenue Bond (the “Bonds”) as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), in an aggregate principal amount not to exceed $60,000,000 for the following purposes: (1) in a total principal amount not to exceed $50,800,000, to make a loan to The University of Vermont Medical Center, Inc. (“UVMC”) for the purposes of: (a) paying, or reimbursing UVMC for paying, a portion of the cost of (i) acquiring, constructing, equipping and furnishing a facility for the relocation of its Dermatology and Ophthalmology practices, including the fit-up of approximately 24,115 department gross square feet and the construction of a 2,220 square feet metal panel and masonry addition for staff entry, freight/staff elevator, loading area, and support space for the building in the approximate amount of $33,000,000 (the “Tilley Project”), and (ii) acquiring the 22 acre Fanny Allen Campus in the approximate amount of $17,800,000 (the “Fanny Allen Project,” and collectively with the Tilley Project, the “UVMC Project”); and (b) paying a portion of the costs incurred in connection with the issuance of the Bonds; (2) in a total principal amount not to exceed $1,800,000, to make a loan to Helen Porter Nursing Home, Inc. (the “Nursing Home”) for the purpose of refunding the Agency’s Revenue Bond (Helen Porter Nursing Home Project) Refunding Series 2015A, which was issued to refinance the costs of renovations to the Nursing Home’s nursing care facility (the “Nursing Home Project”) and paying a portion of the costs of issuance of the Bonds; and (3) in a total principal amount not to exceed $7,400,000, to make a loan to Porter Hospital, Inc. (“Porter Hospital”) for the purpose of refunding the Agency’s Revenue Bond (Porter Hospital Project) Refunding Series 2015A, which was issued to refinance the costs of various capital improvements to its health care facilities (the “Porter Hospital Project”) and paying a portion of the costs of issuance of the Bonds.

UVMC is and will be the legal owner and principal user of the Tilley Project, which is located at 350 Tilley Drive, South Burlington, Vermont 05403, and the Fanny Allen Project, which is located at 790 College Parkway, Colchester, Vermont 05446.  The Nursing Home has been and will be the legal owner and principal user of the Nursing Home Project, which is located at 30 Porter Drive, Middlebury Vermont 05753.  The Porter Hospital has been and will be the legal owner and principal user of the Porter Hospital Project, which is located at its main campus at 115 Porter Drive, Middlebury, Vermont 05753.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 9:30 a.m. on June 25, 2025, at which time any person may be heard regarding the issuance of the proposed Bonds and the financing and refinancing of the projects described above. 

The general public may participate in the public hearing by calling the following toll-free telephone number: 888 475 4499 and use meeting I.D.: 863 2399 4817, passcode 447800.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 9:00 a.m. on June 25, 2025.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 9:00 a.m. on June 25, 2025.

Documents regarding the proposed Bonds and other public records regarding the Project described above are in the possession of the Agency and may be viewed on the Agency’s website at:  http://www.vehbfa.org/non-profit-finance-announcements/.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based. 

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue Bond (Northeastern Vermont Regional Hospital Project) 2024 Series A (the “Bonds”) in a total principal amount not to exceed $16,500,000, as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), to make a loan to Northeastern Vermont Regional Hospital, Inc. (the “Hospital”) for the purposes of: (i) paying, or reimbursing the Hospital for paying, a portion of the cost of acquiring, constructing, equipping and furnishing a capital expansion and renovation of its main hospital facility in St. Johnsbury, including approximately 16,000 square feet of new and renovated space involving the approximately 5,800 square feet expansion of its Emergency Department, the replacement of an existing chiller, and the approximately 5,000 square feet expansion and improvement of its laboratory and pharmacy (the “Project”); (ii) paying capitalized interest on the Bonds; and (iii) paying certain costs incurred in connection with the issuance of the Bonds.

The Hospital is and will be the legal owner and principal user of the Project, all of which constitutes an integrated operation of the Hospital and located on its main campus at 1315 Hospital Drive, St. Johnsbury, Vermont 05819.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 10:00 a.m. on December 3, 2024, at which time any person may be heard regarding the issuance of the proposed Bonds and the financing of the Project described above.

The general public may participate in the public hearing by calling the following toll-free telephone number: 833 548 0282 and use meeting I.D.: 354 583 7863#. Members of the general public may also participate in the public hearing by Zoom. Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 9:30 a.m. on December 3, 2024.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 10:00 a.m./p.m. on December 3, 2024.

Documents regarding the proposed Bonds and other public records regarding the Project described above are in the possession of the Agency and may be viewed on the Agency’s website at: http://www.vehbfa.org/non-profit-finance-announcements/.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings. Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue Bonds (Landmark College Project), Series 2024 A (the “Bonds”), in an aggregate principal amount not to exceed $11,795,000 as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), to make a loan to Landmark College, Inc. (the “Corporation”) for purposes of (i) refunding the Agency’s outstanding Revenue Bonds (Landmark College Project) 2014 Series A (the “2014 Bonds”), and (ii) paying a portion of certain expenses incurred in connection with the issuance of the Bonds. 

The 2014 Bonds were issued to provide funds to the Corporation to (i) pay, or reimburse the Corporation for paying, a portion of the costs of the acquisition, construction, furnishing and equipping of a 28,000 square-foot Science, Technology & Innovation Center (STI Center), an artificial-turf athletic field, an on-campus residence for the President of the Corporation and other capital expenditures with respect to the Corporation’s facilities (collectively, the “2014 Project”), (ii) refund the Agency’s outstanding Revenue Bonds (Landmark College Project) 2004 Series A (the “2004 Bonds”), and (iii) pay a portion of certain expenses incurred in connection with the issuance of the 2014 Bonds. 

The 2004 Bonds were issued to provide funds to the Corporation to (i) pay, or reimburse the Corporation for paying, a portion of the costs of the acquisition and construction of five, 16-unit student residential buildings and a related common building, aggregating approximately 18,000 square feet, the renovation of the Corporation’s East Academic Building to provide approximately 32,000 square feet of new academic space, and the expansion and renovation of the Corporation’s dining hall (collectively, the “2004 Project”), (ii) refund the Agency’s Tender Revenue Bonds (Landmark College Project) 1989 Series A (the “1989 Bonds”), and (iii) pay certain costs incurred in connection with the issuance of the 2004 Bonds.

The 1989 Bonds were used to refinance certain indebtedness of the Corporation incurred to acquire the Corporation’s campus in Putney, Vermont, and to finance the costs incurred by the Corporation in connection with certain additions, extensions and improvements to its then-existing educational facilities (the “1989 Project” and, together with the 2004 Project and the 2014 Project, the “Projects”).

The Projects constitute an integrated operation of the Corporation and are located on the Corporation’s campus at 19 River Road South in Putney, Vermont 05346.  The Corporation is the legal owner and principal user of the Projects.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 11:00 a.m. on Friday, April 19, 2024, at which time any person may be heard regarding the issuance of the proposed Bonds and the refinancing of the Projects. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  888 475 4499, and use Meeting I.D.:  821 1699 0733, Passcode 956029.  Members of the general public may also participate in the public hearing by Zoom using this link:  https://us06web.zoom.us/j/82116990733?pwd=HafgszfE3DmrA3aqItC2x0bslF1eUG.1. 

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 10:00 a.m. on April 19, 2024.

Documents regarding the proposed Bonds and other public records regarding the Projects described above are in the possession of the Agency and will be made available upon request.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based. 

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue and Refunding Bonds (Stratton Mountain School and Ski Foundation Project) Series 2024 (the “Bonds”), in an aggregate principal amount not to exceed $7,250,000 as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), to make a loan to Stratton Mountain School and Ski Foundation, Inc. (the “Corporation”) for purposes of (i) refunding the Agency’s outstanding Revenue and Refunding Bonds (Stratton Mountain School and Ski Foundation Project) Series 2014 (the “2014 Bonds”) and (ii) paying a portion of certain expenses incurred in connection with the issuance of the Bonds.

The 2014 Bonds were issued for the purposes of (i) paying, or reimbursing the Corporation for paying, a portion of the costs of the acquisition, construction, furnishing and equipping of an approximately 10,000 square-foot, two-story academic facility, an approximately 10,000-square foot training facility, and other routine capital expenditures with respect to the Corporation’s existing facilities (collectively, the “2014 Project”), (ii) refunding the Agency’s outstanding Revenue and Refunding Bonds (Stratton Mountain School and Ski Foundation Project) 2004 Series A (the “2004 Bonds”), (iii) refinancing taxable debt of the Corporation that financed the acquisition of passenger vans (the “Prior Obligations Project”), and (iv) paying a portion of certain expenses incurred in connection with the issuance of the 2014 Bonds. 

The 2004 Bonds were issued to provide funds to the Corporation  (i) to finance a portion of the costs of acquiring, constructing, renovating and equipping an approximately 16,000 square-foot, two-story gymnasium, an approximately 3,000 square-foot, two-story faculty residence, an approximately 5,000 square-foot, two-story faculty residence and dormitory, and other capital improvements with respect to certain of the Corporation’s existing facilities (collectively, the “2004 Project”), (ii) to current refund the portion of the Agency’s outstanding Capital Asset Financing Program Revenue Bonds, Series 1999-1 allocable to the Corporation the proceeds of which were used to finance a portion of the costs of acquiring, constructing, renovating and equipping a new campus consisting of an approximately 14,000 square-foot, two-story academic building, an approximately 20,000 square-foot dining hall/dormitory building, an approximately 7,500 square-foot, two-story field house and a campus green and soccer field (collectively, the “1999 Project”), (iii) to refinance taxable debt that financed a portion of the 1999 Project and to acquire passenger vans (together with the 1999 Project, the 2004 Project, the 2014 Project and the Prior Obligations Project, the “Projects”), and (iv) to pay a portion of certain expenses incurred in connection with the issuance of the 2004 Bonds.

The Projects constitute an integrated operation of the Corporation and are located at the Corporation’s campus at 7 World Cup Circle, Stratton Mountain, Vermont 05155.  The Corporation is the legal owner and principal user of the Projects.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 2:00 p.m. on Tuesday, February 13, 2024, at which time any person may be heard regarding the issuance of the proposed Bonds and the refinancing of the Projects. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  877 853 5257, and use meeting I.D.:  354 583 7863.  Members of the general public may also participate in the public hearing by Zoom using this link:  https://us06web.zoom.us/j/3545837863?omn=84795907238. 

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than noon on February 13, 2024.

Documents regarding the proposed Bonds and other public records regarding the Projects described above are in the possession of the Agency and will be made available upon request.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

VERMONT EDUCATIONAL AND HEALTH BUILDINGS FINANCING AGENCY NOTICE OF PUBLIC HEARING

Vermont Educational and Health Buildings Financing Agency, Burlington, Vermont (the “Agency”), a body corporate and politic constituting a public instrumentality of the State of Vermont, proposes to issue its Vermont Educational and Health Buildings Financing Agency Revenue Bonds (Middlebury College Project) Series 2023 (the “Bonds”) in a total principal amount not to exceed $50,000,000, as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”) to make a loan to The President and Fellows of Middlebury College (the “College”) for purposes of: (i) paying, or reimbursing the College for paying, a portion of the cost of acquiring, constructing, renovating or equipping a new dormitory consisting of approximately 298 beds and 87,000 square feet and the decommissioning and demolition of Battell Hall dormitory (collectively, the “Project”); and (ii) paying certain costs incurred in connection with the issuance of the Bonds.

The College is and will be the legal owner and principal user of the Project that will constitute an integrated operation of the College and is located on its main campus in Middlebury, Vermont 05753.

Please Take Notice that the Agency will hold a public hearing as required by Section 147(f) of the Code at 10:00 a.m. on June 14, 2023, at which time any person may be heard regarding the issuance of the proposed Bonds and the financing of the Project. 

The general public may participate in the public hearing by calling the following toll-free telephone number:  1-833-548-0282, and use meeting I.D.:  838 1220 5790#.  Members of the general public may also participate in the public hearing by Zoom.  Requests for Zoom access should be submitted to the Agency via email at michael@vtbondagency.org no later than 9:00 a.m. on June 14, 2023.

Written comments may also be submitted to the Agency via email at michael@vtbondagency.org no later than 9:00 a.m. on June 14, 2023.

Documents regarding the proposed Bonds and other public records regarding the Project described above are in the possession of the Agency and will be made available upon request.

Any person who decides to appeal any decision made by the Agency with respect to any matter considered at its hearing will need a record of the proceedings.  Such person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.