1. MIDA bond-Essentia Health
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1. MIDA bond-Essentia Health
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Client: <br /> NOTICE OF PUBLIC HEARING ON A <br /> CASS COUNTY AUDITOR PROPOSED PROJECT AND THE <br /> ISSUANCE OF REVENUE BONDS <br /> UNDER THE MUNICIPAL INDUSTRIAL <br /> Account# 10508 Ad # 1921929 DAKOTA CENTURY CODE,CHAPTER <br /> 40-57 <br /> NOTICE IS HEREBY GIVEN pursuant <br /> Phone: (701) 241-5609 to Section 147(f)of the Internal Revenue <br /> Code of 1986, as amended (the"Code") <br /> and Sections 40-57-04 and 40-57-04.1 of <br /> Fax: the Municipal Industrial Development Act <br /> of 1955, North Dakota Century Code, <br /> Address: 211 9TH ST S #D Chapter 40-47 (the "Act") that the Board <br /> of County Commissioners of Cass <br /> County, North Dakota (the "County") will <br /> PO BOX 2806 meet on Monday,June 16, 2014,at 3:30 <br /> p.m. in the County Commission Room in <br /> the Cass County Courthouse located at <br /> 211 FARGO, ND 58108-2806 kot,r for thetrpurposetofFholding at public <br /> hearing on a proposal that the County is- <br /> sue revenue bonds or notes, whether <br /> Sales Rep.: taxable or tax exempt,in one or more se- <br /> ries(the"Bonds")under the Act and Sec- <br /> tions 103 and 145 of the Code to finance <br /> 0135 Forum Legal AdTaker the costs of a proposed project described <br /> as constructing and equipping a 125,000 <br /> square foot expansion to the in-patient <br /> Phone: (701) 241-5595 hospital facilities located at 3000—32nd <br /> Avenue South, Fargo, North Dakota, and <br /> Fax: (701) 241-5540 related rand enhanced in order to provide ictreat- <br /> ment, im- <br /> proved and enhanced diagnostic, treat- <br /> ment, registration and dietary services <br /> (the"Project")and to finance the costs of <br /> Email: Iegals @forumcomm.com issuing the Bonds. <br /> The maximum aggregate principal <br /> Class.: 9950 NORTH DAKOTA LEGALS <br /> amount of the Bonds to be issued for the <br /> Project is not t expected to <br /> ed to exceed <br /> $50,000,000, and will include other costs <br /> allowed under Section 40-57-07 of the Act <br /> not financed by other sources,including a <br /> portion of the costs of issuance of the <br /> Bonds. <br /> Requested By: The proposed Project is owned and <br /> operated by Innovis Health,LLC,the sole <br /> member of which is Essentia Health, a <br /> Minnesota nonprofit corporation (the <br /> "Corporation"). <br /> The Bonds shall be limited obligations <br /> Start Date: 05/26/2014 of the County,and the Bonds and interest <br /> thereon shall be payable solely from the <br /> revenue pledged to the payment thereof <br /> End Date: 06/02/2014 and may be secured by a pledge,guaran- <br /> ty, mortgage or other encumbrances on <br /> the subject property. No holder of the <br /> Nb. of Inserts: 9 Bonds shall ever have the right to compel <br /> any exercise of the taxing power of the <br /> County or the State of North Dakota(the <br /> Dimensions: 1 col. x 75.00 6.5 PT LINES "State")to pay the Bonds, or the interest <br /> thereon, nor to enforce payment against <br /> any property of the County or the State <br /> Publications: inforum.com except money payable by the Corporation <br /> and pledged to the payment of the Bonds. <br /> As required by the Act,notice is hereby <br /> The Forum given that the Project may compete with <br /> existing enterprises. <br /> All persons interested may appear and <br /> be heard at the time and place set forth <br /> above, or may file written comments with <br /> the Total Price: $112.48 hearing set forth Auditor above.r to the date of the <br /> BY ORDER OF THE COUNTY <br /> Michael Montplaisir,County Auditor <br /> Paid Amount: $0.00 (May 26,June 2,2014) 1921929 <br /> Balance: $112.48 <br /> Page 1 of 1 <br />
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