1. MIDA Bond-Essentia Health - Laserfiche WebLink

Proiect: the payment of costs of issuance of the Bonds and a reserve fund, if any, therefor, any termination payment payable by the Borrower with respect to any interest rate hedge transaction entered into with respect to the Bonds, all in connection with the financing and refinancing of the acquisition of the following assets of Dakota Clinic, Ltd. and Dakota Specialty Institute d/b/a Innovis ("DC/I") in connection with the affiliation of the Borrower with DC/I: a) an approximately 201,260 square foot clinic and equipment located therein at 1702 South University Drive, Fargo, North Dakota, in the County; b) an approximately 338,300 square foot hospital building and equipment located therein at 3000 32nd Avenue South, Fargo, North Dakota, in the County (the "Hospital Building"); c) equipment located at clinics at 3902 13th Avenue South, 2710 North Broadway and in the Hospital Building, each in Fargo, North Dakota, in the County; d) an approximately 28,749 square foot clinic and equipment located therein at 401 3rd Street, Jamestown, North Dakota; e) an approximately 9,950 square foot clinic and equipment located therein at 132 4th Ave. NE, Valley City, North Dakota; f) an approximately 41,775 square foot clinic and equipment located therein at 275 South 11 th, Wahpeton, North Dakota and g) equipment located at a clinic leased at 59th Avenue North, Casselton, North Dakota, in the County. Resolution: this resolution of the County, adopted January 22, 2008, authorizing the issuance of the Bonds; Trustee: U.S. Bank National Association, its successors and assigns; and Underwriter: Piper Jaffray & Co. and Goldman, Sachs & Co., either acting jointly or separately with respect to a series of Bonds or a subseries within a series. Section 2. Findings. It is hereby found and declared that: (a) the financing of the Project is in the public interest of the County, is necessary and desirable and in furtherance of the public health and welfare by the provision of necessary health care facilities so that adequate health care services are available to residents of the State of North Dakota at reasonable cost; (b) the financing of, the issuance and sale of the Bonds, the execution and delivery of the Loan Agreement, the Indenture, the Joint Powers Agreement and the Bond Purchase Agreement and the performance of all covenants and agreements of the 3