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HomeMy WebLinkAboutexhibitsEXHIBIT A De Miami tferata www.herald.com www.eiherald.com PUBLISHED DAILY MIAMI-DADE-FLORIDA STATE OF FLORIDA COUNTY OF MIAMI-DADE Before the undersigned authority personally appeared: JEANNETTE MARTINEZ who on oath says that he/she is CUSTODIAN OF RECORDS of The Miami Herald, a daily newspaper published at Miami in Miami -Dade County, Florida; that the attached copy of advertisement was published in said newspaper in the issues of: September 21, 2003 Affiant further says that the said The Miami Herald is a newspaper published at Miami, in the said Miami -Dade County, Florida and that the said newspaper has heretofore been continuously published in said Miami -Dade County, Florida each day and has been entered as second class mail matter at the post office in Miami, in said Miami -Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said ne rapers(s), w * \Z; Sworn to and subscribed before me this _29th day of _September, 2003 My Commission Expires: August 1, 2006 Silvia Acosta Notary ,:„„ �y ,, SILVIA ACOSTA ;' MY COMMISSION jl CO 138634 f EXPIRES: August 1, 2006 d i dtd Thru WEN Public Underwrites Sit r. ,. Ea TItioe T,_ :, fIp 11 ttrye+tI��tt..�#t nf..,;. that a Ilo'hearing w1111,.b ,on to corn ens! 8: oomtobilt'af bitty Huy, It IerM,orldp '' 6Xyulh F' at the Adttdin Admico nistration Building, 444 8.W. 2nd Avenue, South ' eth f CFI"ppen Miami, Florida 3.3130... The ••" hearing is la being held pn :to ,the public the up ovlaloons{n amnion 147( of the. Internal Ryypp us': Code of with ' M 10 ded tlii her call (1! a4i amount not o exc eed .cooHealth ylepeenue Health B(th genagn8ona), and pya amount not to slabbed 0,000,000 Health Mm gwanua oonda, Catholic Health lee Sail leave, Ber,1011 - 20030 (the ri314hh SM1en120098 ,tile "t3erlaa, • be wed to ..-0^ �i01w fib.. • Holy Cross Hospital Mo. +n Pori �autl*idafs Fielder. ly CioMr' ', ryo�rnnMsitt?ofr,�',, renovattions with •• tMtr0f$tthq ';or r rnlMMlledlrwlacc rW. Lenpvetions and I ter of grivftlheriVrdcroriatrol hrt "inert* ,.. n Mors, the • atara- laltlono of a ,.. I acasin telsn1 try monitors.. . rl , , r,arlticare b. a.rpunlwostat,one to .' .areas,parklna care sxpanaatton, and otter misoeifenslow oapltat be' exolM4lturss, . with ba'rro;wing t°a opproxlmetuy 8,000•,000. ''th SeThe ries 2003C ' Sonde will be wood to finance a project for In mercy ¢ F a. 0ei onsta O the •xpanslon at tlw M6roy Hospital p np`sment, and miscelleneoue ooa�el enditures witty0pl�tthexpe expected borrowing to be aapppprroo0.0ximate00ly. • 520,0. r • In addition► of s y 2003 Bonds i1 p cep to •b:ret vrf funespect1.ai y. serfs. of -per 850.. 2009 Bondy, end. (b) Zops�yy coats of issuance h eek Mapaot to each aeries 99f the 8ariee J!3 Banda. racsd esol the '.- es 2003 Bonds will be loaned by the Authority to Catholic Health Bast. and will Ms tried* available by Catholic Health East to its affiliates Holy Cross Hospital and Mercy Hospital for the above -described financing purposes with respect to their -- facilities and the Projects described above, The Holy Cross Hospital Projects described above are owned and operated by Holy Crosse Hospital and are located on or contiguous to the Holy Cross Hospital facilities e1 4728 North Federal #llghweyy, Fart Lauderdale, Florida 33308. The Mercy Hospital Pra acts dssCrlbsd ■ ove are owned and operated by Mercy Hospital and are located on or coeenlrotiggYuous p�to the facilities et 3083 South Miami Avenue, Mlaml, Florida 33133. ,Intotined • )ipirnbara of the •e. Invited to d:'ntllrrlttsn Y¢... „y be thl • Mwwn below. 4 ere advised •l- . an preen: - Yd _.::mat:11% the . turf �hanlrrp such r reacwparaano 01 dla a proPaedl and, for may aiw�ssuncoaerhddt t� the • .lmwnoarlbbsa(tlm record of end Bta the testimevidenony upon the ■ppsd Iewhlah 1c its based, the Honda Mall not be a debt. IIaq Illty ppr obiIqatlon o1 'the Autllonty the CIty,of _ M�tiami t 1s City a1 .n Stpaotet cube or. 11.¢ Ibn :thttrbittl, but bbyyomr1lta� .Fast. hS ,Au has tie taxing power Ate` ,;'• to oo�imenrl on of pubI ulta ;.y'yj��13a IamI. Attention: Rn be '' Director, A v,rattm p�"ihle ,maibe igt byhM Arlty, 8liauid any decide to eaIpp�sotlaaelrghfyany dwislon its City ' oil�Fort, atudards1i or the this • Marl lg, he o she of the ar iy need to fie assure that'a 'verbatim record ;:01 Meproceeding* .,1 made; which record Inoludeethe tallmony and evidence upon which the appeal le to be heard. .` the Am ricans with Oisabllltlea . Act of rr1ee990,,pstrheenw needs aedgal cmmm_oite /anal . Imstt If othoAutl oiity1i not fled at leea1 48 hours prior to the 'public' hearing by contacting_the 8 Findrfrose nos fnotedlca •ha1ovethe . CIly of Miami, lorlda eatth Faol l ltles_Au t horlt,! EXHIBIT A SUN -SENTINEL PUBLISHED DAILY FORT LAUDERDALE, BROWARD COUNTY, FLORIDA BOCA RATON, PALM BEACH COUNTY, FLORIDA MIAMI, MIAMI DADE COUNTY, FLORIDA STATE OF FLORIDA COUNTY OF BROWARD/PALM BEACH/MIAMI DADE BEFORE • UNDO- . GN -y THORITY, PERSONALLY APPEARED WHO, ON OATH, SAYS THAT E IS 'UL AUT ORIZED REPRESENTATIVE OF THE CLASSIFIED PARTMENT OF THE SUN -SENTINEL, DAILY NEWSPAPER PUBLISHED IN BROWARD/PALM BEACH/MIAMI DADE COUNTY, FLORIDA, AND THAT THE ATTACHED COPY OF ADVERTISEMENT, BEING A: SERIES 2003B AND 2003C IN THE MATTER OF: Series 2003E and 2003C IN THE CIRCUIT COURT, WAS PUBLISHED IN SAID NEWSPAPER IN THE ISSUES OF: 9/22 11611037 AFFIANT FURTHER SAYS THAT THE SAID SUN -SENTINEL IS A NEWSPAPER PUBLISHED IN SAID BROWARD/PALM BEACH/MIAMI DADE COUNTY, FLORIDA, AND THAT THE SAID NEWSPAPER HAS HERETOFORE BEEN CONTINUOUSLY PUBLISHED IN SAID BROWARD/PALM BEACH/MIAMI DADE COUNTY, FLORIDA, EACH DAY, AND HAS BEEN ENTERED AS SECOND CLASS MATTER AT THE POST OFFICE IN FORT LAUDERDALE, IN SAID BROWARD COUNTY, FLORIDA, FOR A PERIOD OF ONE YEAR NEXT PRECEDING THE FIRST PUBLICATION OF ATTACHED COPY OF ADVERTISEMENT; AND AFFIANT FURTHER SAYS THAT HE/SHE HAS NEITHER PAID, NOR PROMISED, ANY PERSON, FIRM, OR CORPORATION, ANY DISCOUNT, REBATE, COMMISSION, OR REFUND, FOR THE PURPOSE OF SECURING THISADVERTISEMENT FOR PUBLICATION IN SAID NEWSPAP (' r' ATURI= OF AFFIANT) SWORN TO AND SUBSCRIBED BEFORE ME ON: 22-September-2003 , A.G. (SIGNATURE OF NOTARY PU; C] "'"''R Taro L Setak r MYCOMMISSION4 ODC24939 EXPIRES 71/Iy ?I, 20t15 aON0a6 fHRU TROY f.UN IN9UNANCE, iTfC. (NAME OF NOTARY, TYPED, PRINTED, OR STAMPED) PERSONALLY KNOWN PRODUCED IDENTIFICATION OR NOTICE Of PUBLIC N/AIINN ?' .a REGARD4N43 THE PROiC$1D I3$UA3iCE OF • 44' NOT SACEEDIN O SUr0 CITY OFIi et i-, HEALTH FACILmft AUTNOBITY HEALTH SYSTEM REVENUE BONDS, -", • CATHOLIC HEALTH EAST ISSUE. ],„i ;,, SERIES 2003B AND SERIES 2003C •.riy Please take notice that a publIc Marinate comments at 6:00 p.m. will be held on October a, 2003 by Bm behalf of the City Of Mliml, Florida Health Facilitlei Authority (the 'Authority"). at the City of Miami Ar ministration Building, 444 S.W. 2nd Avenue, 5041 Conference Room, 6th Floor. Mang, Florida 3313A , . The hearing is open to the public and is being heldpur- suant to the provisions of Section 147(f) of the Inter. nal Revenue Code of 1986, as amended, with regNaart— ta the proposed issuance by the Authority of (!),;a' amount not to exceed S38,000,000 Health Systerp .Revenue Bonds Catholic Health East Issue, S T.,, 7003E (the 'Series 2003B Bonds'), and (ID an am not to exceed 320,000,000 Health System Ravine. Bonds, Catholic Health fast Issue, Series 2003C Ohs "Series 2003C Bonds", and together with the Series 20038 Bonds, the 'Series 2003 Bonds"). The procee t of the Series 2003 Bonds will be used to provide kir a plan of financing for Catholic Health East and its Affili- ates Holy Cross Hospital, Inc., of Fort Lauderdale. and Mercy Hospital, Inc., of Miami. The hearing is a joint hearing to be held by the Authority an behalf of the City of Miami and the City of Fort Lauderdale, with.re, spect to the financing 01hoapital facilities located In, those two Jurisdictions (the 'Projects"). The proceeds of the Series 2003B Bonds will be used to finance a project for Holy Cross Hospital, Inc. Ii Fort Lauderdale, Florida. ma Holy Crass Project cow sista of improvements, construction and renovations - with respect to Holy Cross' emergency department, heart center, operating rooms, and the Holy CtoCs. MR/CT Center, retrofitting of the Incinerator, routine, and miscellaneous renovations and repiacement&to various facilities, including the vascular lab, the is quisitlon of bariatrlc operating room equipmen two - new cardiac cath labs on the third floor of the t center, improvements to elevators, the acquisition o1 a linear accelerator, telemetry monitors, and critical care beds, renovations to the ambulatory care areas, parking garage expansion, and other miscellaneous capital expenditures, with the expected borrowing to be approximately S38,000.000. The proceeds 01 the Series 2003C Bonds will be uua' to finance a project far Mercy Hospital, Inc. In Miim Florida. The Mercy Project consists of the exparf3 of the Mercy Hospital Emergency Department; other miscellaneous capital expenditures, wit* he. expected borrowing to be approximately' S20,000,000. 4 In addition,, proceeds of the Series 2003 Bonds wllPbk' applied to (a) fund a debt service reserve fund, if amp with respect to each series of the Series 2003 Bonet; and (b) pay costs of issuance with respect to eachse, ries of the Series 2003 Bonds. Proceeds of the Serer 2003 Bonds will be loaned by the Authority to Catholic Health East, and will be made available by Catpgtk. Health East to its affiliates Holy Cross Hospital and' Mercy Hospital for the above -described financinggpurr_ poses with respect to their facilities and the Projects described above. The Holy Cross Hospital Project s6 de, scribed above are owned and operated by Holy Cross Hospital and are located on or contiguous to the Holy. ' Cross Hospital facilities at 4725 North Federal disk way, Fort Lauderdale, Florida 33308. The Mercy WW1 pital Projects described above are owned and op r ed by Mercy Hospital and are located on or cantle Bus to the Mercy Hospital facilities at 3663 South M amt Avenue, Mlaml, Florida 33133. y •...I interested members of the public are invited t6; tr; 'tend. written comments may be submitted to thlf thority at the address shown below. Persons are a IOWthat if any person decides to appeal any e x sion made by the board with respect to any VIP considered at such hearing, such person will need's, record of the proceedings and. for such purpose: mail, need to ensure that a verbatim record of the proceed ings•is made, which record includes the testirfl nyiI andbased, the evidence upon which the appeal is to , The Bonds shall not be a debt, liability or obli atiod of 11 the Authority, the City of Miami, the City of Dort Lei derdale, or the law State of Florida or any political st1< vision thereof, but shall be payable solely from -psis Iments made by Catholic Health East. The Autllerbr i ,has no taxing power. asµ • i 'Any person wishing to comment in writing on theaa44 Projects should do so within 14 days after the datref publication of this notice to City of Miami, FIOr i Health Facilities Authorl 444 S.W. 2nd AvedIN - Suite 635, Miami,. Florlds 33130. Attention: Finance Director. A verbatim transcript of the proceedkl, this hearing will not be prepared by the Au Should any person decide to appeal any made by the Authority; the City of Fort the City of Miami after this hearing, he Or need a record of the proceedings and he or shtf need to assure that a verbatim record of the pr Ings is made, which record includes the testtrtiony and evidence upon which the appeal is to be In accordance with the Americans with Dia Act of 1990. the needs of persons requesting of accommodation thawing or vlsuelly shall be met 1f the Authority is 8011Md at least 48 hils4 prior to the publlC hearing by contacting the AMMO_ office at the addraea noted above. - EXHIBIT B MINUTES OF THE MEETING OF THE CITY OF MIAMI, FLORIDA HEALTH FACILITIES AUTHORITY OCTOBER S, 2003 A m eeting o f t he C ity of M iami, F lorid a H ealth F acilities A uthori ly was h eld at 6 :00 P.M. on Wednesday, October 8, 2003 at 444 S.W. 2"a Avenue, 6th Floor, South Conference Room, Miami, Florida 33130. Members Present: Members Absent: City Staff and Pro- Fessionals Present: Dr. Rosie Molina, Dr. Keri Lee Livingstone, Marcelino FeaI None Pete Chircut, Secretary; Diane Gomez, Assistant Secretary; C. Roland Galdos, Assistant City Attorney; Kenneth M. Myers, Squire, Sanders & Dempsey L.L.P., Local Bond Counsel; Jerry Mashburn, Senior Vice President mid Chief Financial Officer of Mercy Hospital; Marissa G. Wortman, Assistant Vice President, Hanifen Imhoff, Financial Advisors to the City. Bond Counsel advised that the first order of business was to approve the minutes of the previous meeting, which was held on October 16, 2001. Upon motion made, seconded and passed, the minutes were approved. The next item of business was to elect a new Chairpc� ion and Vice Chairperson u r the Authority. U pon motions m ade, s econded a rid passed, D r. Keri Lee Livingstone w as e lected Chairperson and Marcelino Feal was elected Vice Chairperson of the Authority. Pete Chircut remains as Secretary and Diana Gomez remains as Assistant Secretary. 13159.1 Mimi 1 The next item of business was to consider proposed financings on behalf of Mercy Hospital in Miami and Holy Cross Hospital in Fort Lauderdale, Florida (the latter being done pursuant to an Interlocal Agreement). A public hearing was held on these financings on this date immediately prior to this meeting, in accordance with the requirements of the Federal Tax Equity and Fiscal Responsibility act of 1982, as amended, commonly known as "TEFRA." The records of the Authority include the transcript of said TEFR1 public hearing. Counsel then read to the Authorial.-. by title only, the two resolutions to be considered, tlic full resolutions having bc,t, presented to the Authority members and having been filed as part of the records of the Authority. RESOLUTION NO. 03-01 A RESOLUTION OF . THE CITY OF MIA.MI, FLORIDA HEALTH FACILITIES AUTHORITY AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $38,000,000 HEALTH SYSTi.::;1 REVENUE BONDS, t .., i-IOLIC HEALTH EAR ISSUE, SERIES 2003B, OF THE AUTHORITY, THE PROCEEDS OF WHICH WILL BE LOANED TO CATHOLIC HEALTH EAST TO FINANCE THE COST OF THE ACQUISITION, CONSTRUCTION, INSTALLATION AND EQUIPPING OF CERTAIN HEALTH CARE FACILITIES OF HOLY CROSS HOSPITAL, INC.; AUTHORIZING THE EXECUTION AND DELIVERY OF AN INTELOCAL AGREEMENT WIT'' THE CITY OF FORT ' T TDERDALE, FLORIDA IN CONNECTION WITH THE ISSUANCE OF SUCH BONDS; APPROVING THE FORMS OF BOND INDENTURE, LOAN AGREEMENT AND BOND PURCHASE AGREEMENT; AUTHORIZING A NEGOTIATED SALE OF THE BONDS; REQUESTING APPROVAL BY THE CITY IN CONNECTION W1"1 iI SUCH BONDS; APPROVING THE FORM OF A PRELIMINARY OFFICIAL -STATEMENT WITH RESF,r'T TO SUCH BONDS, AL mRORIZING THE DELIVEi' V THEREOF, AND AUTHORIZING THE CHAIR OR VICE CHAIR AND THE SECRETARY OR ANY ASSISTANT SECRETARY OF T' :E AUTHORITY TO APPROVE THE DISTRIBUTION OF A FINAL OFFICIAL STATEMENT WITH RESPECT THERETO; DESIGNATING THE B OND TRUSTEE; AUTHORIZING THE TAKING OF ALL OTHER NECESSARY ACTIONS IN CONNECTION WITH THE ISSUANCE 01, THE BONDS AND PROVIDING AN EFFECTIVE DATE. 13159.1 Miami 2 RESOLUTION NO. 03-02 A RESOLUTION OF THE CITY OF MIAMI, FLORIDA HEALTH FACILITIES AUTHORITY AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $20,000,000 HEALTH SYSTEM REVENUE BONDS, CATHOLIC HEALTH EAST ISSUE, SERIES 2003C, OF THE AUTHORITY, THE PROCEEDS OF WHICH WILL BE LOANED TO CATHOLIC HEALTH EAST TO FINANCE THE COST OF THE ACQUISITION, CONSTRUCTION, INSTALLATION AND EQUIPPING OF CERTAIN HEALTH CARE FACILITIES OF MERCY HOSPITAL, INC.; APPROVING THE FORMS OF BOND INDENTURE, LOAN AGREEMENT AND BOND PURCHASE AGREEMENT; AUTHORIZING A NEGOTIATED SALE OF THE B ONDS; REQUESTING APPROVAL B Y THE CITY IN CONNECTION WITH SUCH BONDS; APPROVING THE FORM OF A PRELIMINARY OFFICIAL STATEMENT WITH RESPECT TO SUCH BONDS, AUTHORIZING THE DELIVERY THEREOF, AND AUTHORIZING THE CHAIR OR VICE CHAIR AND THE SECRETARY OR ANY ASSISTANT SECRETARY OF AUTHORITY TO A,. ;`ROVE THE DISTRIBUTION OF A FINAL OFFICIAL STATEMENT WITH RESPECT THERETO; DESIGNATING THE BOND TRUSTEE; AUTHORIZING THE TAKING OF ALL OTHER NECESSARY ACTIONS IN CONNECTION WITH THE ISSUANCE OF THE BONDS AND PROVIDING AN EFFECTIVE DATE. Upon motions '11de, seconded and passed, 'hese Resolutions authorizin, ic•wuance of the bonds of the Authority for the projects identified in the TEFRA Notices of Hearing and the TEFRA hearing itself, were approved. There being no fkl rther business to come befo. ' the meeting, the meeting was adjourned. 13159.1 Miami STATE OF FLORIDA ) ) SS: COUNTY OF MIAMI-DADE ) I, Pete Chircut, Secretary of the City of Miami, Florida Health Facilities Authority, DO HEREBY CERTIFY that the above foregoing is a true and correct account of the minutes of the Authority meeting held on October 8, 2003. IN WITNESS WHEREOF, I 11,, hereunto set my hand and official seal this 8th day of October, 2003, (SEAL) B y: ary 13150.1 Miami 4 COUNSEL: Miami/13043. i CITY OF MIAMI, FLORIDA HEALTH FACILITIES AUTHORITY MINUTES OF TEFRA HEARING REGARDING TIIE PROPOSED ISSUANCE OF NOT EXCEEDING S58,000,000 CITY OF MIAMI, FLORIDA HEALTH FACILITIES AUTHORITY CATI l OLIC HEALTH EAST ISSUE, SERIES 2003B AND 2003C October 8, 2003 This Tearing is being conducted ., and on behalf of the Ci:_ Miami, Florida Health Facilities Authority. Attending the hearing on behalf of the Authority were the following persons: Dr. Rosie Molina, Authority Member Marcelino Feal, Authority Member Dr. Keri Lee Livingstone, Authority Member Pete Chircut, Secretary of the Authority Diana Gomez, As ;stant Secretary of the Author'+v Kenneth M. Myers, Squire, Sanders & Dempsey L.L.P., counsel for the Authority, and Roland C. Galdos, Assistant City Attorney Marissa G. Waltman, Assistant Vice President, Hanifen Imhoff, Financial Advisors to the City We are now conducting the public hearing on the proposed financing for two projects, one located in the City of Miami, Miami -Dade County, Florida, on behalf of Mercy Hospital, Inc., and the other. Holy Cross Host),Lai, Inc. of Fort Lauderdale; Lorida. The hearing on bci<<zit of Holy Cross Hospital, Inc. is being conducted under the authority of an Interlocal Agreement between the City of Fort Lauderdale and the Authority. This public hearing is being conducted pursuant to the requirements of the Federal Tax Equity and Fiscal Rcsnonsibility Act of 1982, as :mended by the Tax Reform Act of 1986, together referred to for purposes. of this hearing as TEFRA and c. mhodied in Section 147(0 of he Internal Revenue Code of 1986, as amended LLiie "Code"). TEFRA req ,,yes that in order for the interest on 501(c)(3) hospital revenue bonds to be exempt from federal income tax, the bonds and the projects which they will finance must be approved by either a voter referendum or by an applicable elected body or person, after a public hearing following reasonable public notice. A transcript of this hearing will be provided to the City Commission of the City of Miami at a regular meeting of the Commission, at which time the Commission will, for purposes of Section I47(f) of the Code, approve or disapprove the financings to be undertaken by the Authority for the benefit and on behalf of Mercy Hospital, Inc. and Holy Cross Hospital, Inc. It should be noted that the proceedings of this public hearing are being recorded and will be maintained as a permanent record. The Notice of' Public Hearing was published in The Miami Herald on September 21, 2003, and by the Sun Sentinel on September 22, 2003, advising that the Authority would hold this public hearing on October 8, 2003, at 6:00 p.m., at the City of Miami Administration Building, on the proposed financings to be undertaken by the Authority for the benefit and on hehalf of Mercy Host), .. 1 ; ' d Holy Cross Hospital. The affidavits showing Proof of Publication in the Miami Herald and the Sun Sentinel will be part of the records of these financings. Anyone wishing to speak or submit written testimony should give his or her name and address for the record. COUNSEL The proceeds of the Series 2003B bonds proposed to be issued by the LONTINUING: Authority will be used to finance a project for Holy Cross Hospital, Inc. in Fort Lauderdale, Florida. The Holy Cross Project consists of improvements, construction and renovations with respect to Holy Cross' emergency department, heart center, operating rooms, and the Holy Cross MR/CT Center, retrofitting of the incinerator, routine and miscellaneous renovations and replacements to various facilities, including the vascular lab, the acquisition of bariatric operating room equipment, two new cardiac cath labs on the third floor of the heart center, improvements to elevators, the acquisition of a hi gar accelerator, telemetry m, .dots, and critical care beds, renovations to the ambulatory care areas, parking garage expansion, and other miscellaneous capital expenditures, with the expected borrowing to be approximately $38,000,000. Miami/13043.1 The proceeds of the Series 2003C Bonds proposed to be issued by the Authority will be used to finance a, project for Mercy Hospital, Inc. in Miami, Florida. The Mercy Hospital Project consists of the expansion of the M.Hospital Emergency I_-.,.)urtrnent, and other mist..:i.Lncous capital expenditures, with the expected borrowing to be approximately $20,000,000. These two series of bonds are referred to together as the "Series 2003 Bonds," 2 In addition, proceeds of the Series 2003 Bonds will be applied to (a) fund a debt service reserve fund, if any, with respect to each series of the Series 2003 Bonds; and (b) pay costs of issuance with respect to each series of the Series 2003 Bonds. Proceeds of the Series 2003 Bonds will be loaned by the Authority to Catholic Health East, and will be made available by Catholic Health East to its affiliates Holy Cross Hospital and Mercy Hospital for the above -described financing purposes with respect to their facilities and the projects described above. The Holy Cross Hospital Projects described above are owned and operated by Holy Cross Hospital and are located on or contiguous to the Holy Cross Hospital facilities at 4725 North Federal Highway, Fort Lauderdale, Florida 33308. The Mercy Hospital Projects described above are owned and operated by Mercy Hospital and are le '. ! on or contiguous to tli. Mercy Hospital facilities at 3663 South Miami Avenue, Miami, Florida 33133. Any final approval of the Authority is conditioned upon the Authority's approval of the plans of financing and approval of the financing documents. Testimony will now be heard by anyone desiring to speak on the proposed Project. The record reflects that Jerry Mashburn, Senior Vice President and Chief Financial Officer of Me nv Hospital and Linda Wilford, Chief Financial Officer and Gerald Morris, General Counsel of Holy Cross Hospital are in attendance to answer any questions. Is there anyone who wishes to speak or file written testimony on this matter? Let the record reflect that no one appeared to offer oral or written testimony. This concludes the public hearing. Secretary City of Miami, Florida Health Facilities Authority Miami/ 13043.1