NOTICE OF PUBLIC HEARING
HOSPITAL REFUNDING AND IMPROVEMENT AND VARIABLE RATE DEMAND HOSPITAL REVENUE BONDS
The County of Franklin, Ohio (the "Issuer), acting by and through the County Hospital Commission of Franklin County (the "Hospital Commission"), will hold a Public Hearing on Wednesday, October 29, 2025 at 8:00 AM in the South Conference Room, 2nd Floor, Franklin County Board of Health, 280 East Broad Street, Columbus, Ohio, 43215, to discuss the possible issuance by the Issuer of its (i) Hospital Refunding and Improvement Revenue Bonds, Series 2025A (Nationwide Children's Hospital) and (ii) Variable Rate Demand Hospital Improvement Revenue Bonds, Series 2025B (Nationwide Children's Hospital) (together, the "Bonds"), in one or more series, in connection with a plan of finance, and in a principal amount currently estimated not to exceed $500,000,000 in aggregate pursuant to Chapter 140 of the Ohio Revised Code (the "Code").
The proceeds of the Bonds will be made available to Nationwide Children's Hospital, an Ohio nonprofit corporation (the "Hospital"), and will be used for (i) financing a portion of the acquisition, construction, equipping and installation of approximately $350,000,000 of improvements to certain hospital facilities of the Hospital, including but not limited to a new patient tower, parking garage, energy plant, site utilities and loading dock expansion, all to be located on the main campus of the Hospital located at 700 Children's Drive, Columbus, Ohio (collectively, the "2025 Project"), (ii) refunding on a current basis all or a portion of the Issuer's (A) $44,155,000 Adjustable Rate Hospital Facilities Revenue Refunding Bonds, Series 2013A (Nationwide Children's Hospital) (the "Series 2013A Bonds") dated June 4, 2013, (B) $22,830,000 Adjustable Rate Hospital Facilities Revenue Refunding Bonds, Series 2013B (Nationwide Children's Hospital) (the "Series 2013B Bonds" and, together with the Series 2013A Bonds, the "Series 2013 Bonds") dated June 4, 2013, and (C) $67,955,000 Hospital Facilities Revenue Refunding Bonds, Series 2022C (Nationwide Children's Hospital) (the "Series 2022C Bonds" and together with the Series 2013 Bonds, the "Prior Bonds"); and (iii) paying certain costs of issuance of the Bonds. The projects financed and refinanced by the Prior Bonds consist of construction, additions, improvements and equipping of health care facilities located at 700 Children's Drive, Columbus, Ohio, 6435 East Broad Street, Columbus, Ohio, 5675 Venture Drive, Dublin, Ohio, and 433 N Cleveland Ave, Westerville, Ohio (collectively, the "Prior Projects"). The 2025 Project will be owned by the Hospital and the Prior Projects are owned by the Hospital and will be used by the Hospital in an integrated operation for the delivery of healthcare, education, scientific research and administrative activities supporting those activities on several campuses.
The public hearing is intended to comply with the public approval requirements of Section 147(f) of the Code. THE BONDS SHALL NOT REPRESENT OR CONSTITUTE A DEBT OR PLEDGE OF THE FAITH AND CREDIT OR THE TAXING POWER OF THE COUNTY OF FRANKLIN, OHIO, THE STATE OF OHIO, OR ANY POLITICAL SUBDIVISION OF THE STATE OF OHIO. Interested persons are invited to attend this public hearing and will be given an opportunity to express their views concerning the facilities and the proposed issuance of the Bonds. Written comments may also be given by submitting them prior to the public hearing to the County Hospital Commission of Franklin County, c/o Office of Prosecuting Attorney, Franklin County Hall of Justice, 15th Floor, 373 South High Street, Columbus, Ohio 43215, Attention: Jeanine Hummer and clearly marked "RE: Nationwide Children's Hospital 2025 Bonds TEFRA Hearing" and must be received on or before the date and time of the hearing.
Dated: October 22, 2025
COUNTY HOSPITAL COMMISSION OF FRANKLIN COUNTY
/s/ Franklin Hirsch
By: Franklin Hirsch, Administrative Counsel
October 22 2025
LWOO0391481