- City Clerk
- Orlando Health Public Notice
Orlando Health Public Notice
Notice of Public Hearing
Notice is Hereby Given that a public hearing will be held by the City Council (the “Council”) of the City of Clermont, Florida (the “City”) on Tuesday, December 13, 2022 at 6:30 p.m. in the Clermont City Council Chambers of Clermont City Hall, located at 685 West Montrose Street in Clermont, Florida, regarding a plan by the Orange County Health Facilities Authority (the “Authority”) to issue its Hospital Revenue Bonds (Orlando Health Obligated Group) in an aggregate principal amount not to exceed $175,000,000 with respect to the healthcare facilities in Clermont, Florida described in this notice, in one or more series over the longest period permitted by law. The proceeds of the bonds issued under such plan (the “Bonds”) will be loaned to South Lake Hospital, Inc., a Florida not-for-profit corporation (“South Lake”) and will be qualified 501(c)(3) bonds (as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), and will be used to (a) finance, refinance, or reimburse the costs of acquiring, constructing, renovating and equipping a new 5-story bed tower addition to the existing Orlando Health South Lake Hospital, as well as an expansion of the existing women’s pavilion located therein, together with related, offices, parking and ancillary facilities of South Lake (the initial principal user of such facilities), located or to be located on the current South Lake Hospital Campus at 1900 Don Wickam Drive in Clermont, Florida, (b) provide one or more debt service reserve funds for the benefit of all or a portion of the Bonds, if deemed necessary or desirable, (c) pay a portion of the interest to accrue on the Bonds, if deemed necessary or desirable, (d) pay certain working capital expenditures, if deemed necessary or desirable, and (e) pay certain costs of issuance of the Bonds, including the costs of any credit or liquidity enhancement thereof, if deemed necessary or desirable.
The public hearing is required by Section 147(f) of the Code. Interested individuals are invited to express their views, both orally and in writing, on the proposed issuance of the Bonds by the Authority for the benefit of Orlando Health. Comments at the public hearing are invited. Written comments may be submitted to Orlando Health or to the City in care of its City Clerk at 685 West Montrose Street, Clermont, Florida 34711 or by email at at firstname.lastname@example.org, until the conclusion of the public hearing. At the conclusion of the public hearing, the Council will consider the adoption of a resolution approving the issuance of the Bonds solely for the purposes of Section 147(f) of the Code. A copy of the proposed resolution can be inspected at the office of the City Clerk at the address set forth above. Additional information can be obtained from Orlando Health or the City in care of its City Clerk at the address listed above.
In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (352) 241-7330 (Voice) no later than two (2) business days prior to the proceeding or by contacting the City Clerk’s Office at email@example.com. TTY users may call via 711 (Florida Relay Service) no later than two (2) business days prior to the proceeding.
Pursuant to Section 286.0105, Florida Statutes, the City hereby advises that if any person decides to appeal any decision made by the Council with respect to any matter considered at such hearing, such person will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and the evidence upon which the appeal is to be based.
Tracy Ackroyd Howe, MMC
December 6, 2022