NOTICE OF PUBLIC HEARING
Notice is hereby given that a public hearing will be conducted telephonically by the Vermont Economic Development Authority (“VEDA”) on Monday, August 15, 2022, at 10:00 a.m. at its offices located at 58 East State Street, Suite 5, Montpelier, Vermont 05602, regarding the proposed issuance of up to $9,800,000 stated principal amount of its tax-exempt revenue bonds (the “Bonds”) pursuant to Subchapter 4 of Title 10, V.S.A., Chapter 12 (which bonds will not constitute a debt or pledge of the faith or credit of the State of Vermont or VEDA) for the financing and refinancing of Projects (as such term is defined below) owned and operated by O.M. Fisher Home, Incorporated (together with any affiliates, the “Borrower”), in Montpelier, Vermont, which Projects comprise
(1) the refinancing of (a) an existing bank loan that financed the construction of Westview Meadows, located at 171 Westview Meadows Road, Montpelier, a continuous care facility for senior citizens consisting of 36 independent and 16 residential care apartments, including common living, dining, activity and recreational areas, with administrative areas and a residential parking lot (the “Westview Meadows Construction Project”); and (b) an existing bank loan that financed renovations at the Westview Meadows Construction Project, which included redesigning the lobby to provide a larger meeting area for residents, renovating offices and paving the driveway and parking lot (the “Westview Meadows Renovation Project”); (2) financing for the construction of a new 15-unit, 18-bed memory care clinic and certain related renovations at The Gary Residence, located at 149 Main Street, Montpelier (“The Gary Residence Project,” and together with the Westview Meadows Construction Project and the Westview Meadows Renovation Project, the “Projects”); and (3) payment of the costs of issuance and other common costs of the Bonds.
All persons wishing to participate in the public hearing are invited to attend the public hearing at VEDA’s Montpelier office address above. Written comments may be directed to VEDA at 58 East State Street, Montpelier, Vermont 05602. Participants may also access the hearing via teleconference using the toll-free telephone number, passcode and instructions listed below:
- Dial the toll-free call-in number: (888) 392-4560
- Enter the Passcode: 6183869 and # when prompted
- When prompted, clearly state your first and last name as well as your department/agency, if applicable.
Vermont Economic Development Authority
ate: August 8, 2022
