NOTICE OF INTENTION TO ISSUE TRAVIS COUNTY HEALTHCARE DISTRICT CERTIFICATES OF OBLIGATION
TAKE NOTICE that the Commissioners Court (the ·'Commissioners Court") of Travis County, Texas (the '·County"), shall convene at 9:00 a.m. on Tuesday, June 27. 2023, at its regular meeting place in the Commissioners Courtroom, 700 Lavaca Street, Austin, Texas and, during such meeting. the Commissioners Court will consider the passage of one or more orders authorizing the issuance of not to exceed $100.000,000 total principal amount of certificates of obligation, on behalf of and for the benefit of Travis County Healthcare District (doing business as "Central Health") (the ·'District"), in one or more series, from time to time (collectively, the '·Certificates"), bearing interest at any rate or rates not to exceed the maximum interest rate authorized by law, as shall be determined within the discretion of the Commissioners Court at the time of issuance of the Certificates, and maturing over a period of not to exceed forty ( 40) years from their date of issuance, for the purpose of paying contractual obligations to be incuned for (i) the acquisition, construction, improvement, renovation and equipping of buildings and land in northeast and east central Travis County to provide medical and clinical services and (ii) related professional services, including legal, fiscal, engineering and design fees. and costs of issuance. The Certificates are to be payable from ad valorem taxes, within the limits prescribed by law. and surplus revenues derived from the operation of the District's healthcare facilities, such pledge being limited to $ 1,000. The estimated combined principal and interest required to pay the Certificates on time and in full is $ 165,744,250. Such estimate is provided for illustrative purposes only and is based on an assumed interest rate of 5.50%. Market conditions affecting interest rates vary based on a number of factors beyond the control of the County and the District, and neither the County nor the District can provide any assurance regarding the rate of interest that the Certificates will bear upon their issuance. As of the date of this notice. the aggregate principal amount of outstanding public securities of the District secured by and payable from ad valorem taxes (excluding public securities secured by an ad valorem tax but designated by the District as self-supporting) is $73,795,000, and based on the District" s expectations. as of the date of this notice the combined principal and interest required to pay all of the outstanding public securities of the District secured by and payable from ad valorem taxes ( excluding public securities secured by an ad valorem tax but designated by the District as self-supporting) on time and in full is $89,878,16 1. The Certificates are to be issued, and this notice is given, under and pursuant to the provisions of Subchapter C of Chapter 27 1, Texas Local Government Code, as amended and Chapter 28 I, Texas Health and Safety Code.
County Clerk,
Travis County, Texas
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