Notice is hereby given that on Tuesday, October 22, 2019, commencing at 9:00 a.m. EDST, a public hearing will be held by the Columbus-Franklin County Finance Authority (the “Authority”) at its office at 350 East First Ave, Suite 120, Columbus, OH 43201, with respect to the proposed execution and delivery by the Authority of tax-exempt bonds (the “Bonds”) or a tax-exempt Master Lease-Purchase and Sublease-Purchase Agreement (OCLC, Inc. Project) and one or more Acquisition Schedules (the “Lease Documents”) in a maximum principal amount not to exceed $30,000,000 in one or more series pursuant to a plan of finance. The Bonds or Lease Documents will be issued as qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended, to assist OCLC, Inc. (the “Company”), a Section 501(c)(3) organization, in renovating, improving, acquiring and installing assets to be used to provide bibliographic, cataloging, and reference services for libraries (the “Project”) in furtherance of authorized purposes under Chapter 4582, Ohio Revised Code, including activities that enhance, foster, aid, provide and promote economic development, recreation, education, culture and research within the jurisdiction of the Authority being generally research, distribution and commercial facilities.
The Project is located entirely within the County of Franklin, Ohio, at 6565 Kilgour Place, Dublin, Ohio 43017 and 4151 Executive Parkway, Suite 150, Westerville, Ohio 43081. The Bonds or the Lease Documents, as applicable, will be special obligations of the Authority and will not constitute a debt or a pledge of the faith and credit of the Authority or of the State of Ohio (the “State”) or any other political subdivision of the State, and there will be no right to have taxes levied by the general assembly of the State or taxing authority of any political subdivision of the State for any payments under the Bonds or the Lease Documents, as applicable.
The initial owner and operator of the Project identified as of the date hereof is the Company. Persons wishing to express their views on the proposed transactions may appear at the hearing or may submit their views in writing. Any written submissions should be sent to the attention of the Board of Directors of the Columbus-Franklin County Finance Authority, 350 East First Ave, Suite 120, Columbus, OH 43201, Attention: President, Jean Carter Ryan and clearly marked “Re: Columbus-Franklin County Finance Authority, Master Lease-Purchase and Sublease-Purchase Agreement (OCLC, Inc. Project)”. Written submissions should be mailed in sufficient time to be received before the hearing date.
By order of the President of the Columbus-Franklin County Finance Authority.
By /s/ Jean Carter Ryan
President, Columbus-Franklin County Finance Authority