- This event has passed.
NOTICE OF PUBLIC HEARING
June 14, 2021 @ 2:00 pm - 5:00 pm CDT
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the Travis County Healthcare District (the “District”), pursuant to Chapter 281, Health and Safety Code, as amended, will hold a public hearing on Monday, June 14, 2021, commencing at 2:00 p.m. in the board room of the District headquarters located at 1111 E. Cesar Chavez St, Austin, Texas 78702, to provide an opportunity for all interested persons to be heard with respect to the proposed issuance by the Commissioners Court (the “Court”) of Travis County, Texas, in the name of and behalf of the District, of the Travis County Healthcare District Certificates of Obligations, Series 2021 (Limited Tax) (the “Certificates”) (qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code, as amended) in the aggregate maximum principal amount of $15,155,000, pursuant to an order to be adopted by the Commissioners Court authorizing the issuance of the Certificates.
The Certificates are being issued pursuant to a plan of finance for the purpose of paying contractual obligations to be incurred for (i) the acquisition, construction, improvement, renovation and equipping of buildings and land to be used as medical clinics located at the southeast corner of the intersection of Sandifer Street and Gilbert Road in Hornsby Bend, Texas and the southwest corner of the intersection of Elroy Road and Ross Road in Del Valle, Texas and (ii) the payment of all professional fees and services related thereto (collectively, the “Projects”). A portion of the proceeds of the Certificates will be used to pay certain expenses in connection with the issuance of the Certificates. The Project will be owned by the District and operated by Central Texas Community Health Centers d/b/a CommUnityCare, a Texas nonprofit corporation and an entity described under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The Certificates are secured by and payable from the collection of the District’s annual ad valorem tax, levied, within the limits prescribed by law, upon all taxable property within the District, and from a lien on and pledge of certain surplus revenues derived from the operation of the District’s healthcare facilities, such lien and pledge being limited to $1,000.
All interested persons are invited to attend the hearing to express their views, both orally and in writing, with respect to the Certificates and the Project. Any interested persons unable to attend the hearing may submit their views in writing to the Vice-President and Chief Financial Officer of the District c/o Orrick, Herrington & Sutcliffe LLP, Attn: Taylor Raymond, 300 W 6th Street, Suite 1850, Austin, Texas 78701, prior to the date scheduled for the hearing.