NOTICE OF PUBLIC HEARING
Notice is hereby given that on October 20, 2025, The Oklahoma Development Finance Authority (the "Oklahoma Authority") will conduct a public hearing as required by Section 147(f) of the Internal Revenue Code of 1986 (the "Code") with respect to the proposed issuance by the Indiana Finance Authority (the "Indiana Authority") of qualified 501(c)(3) bonds, as defined in Section 145 of the Code, in one or more series (the "Bonds") for hospitals or other healthcare facilities as further described below, in a principal amount not to exceed One Billion Four Hundred Seven Million Dollars ($1,407,000,000). A portion of the proceeds of the Bonds in the respective maximum principal amounts set forth below will be loaned to Ascension Health Alliance d/b/a Ascension ("Ascension"), a Missouri not-for-profit corporation and an organization described in Section 501(c)(3) of the Code, to finance (including reimburse) or refinance the acquisition, construction, equipping, repair, restoration, reconditioning, remodeling and/or installation of certain capital improvements to certain hospital, health facilities and related facilities, including land, owned and/or principally used by one or more of St. John Medical Center, Inc. and/or St. John Broken Arrow, Inc. (the "Oklahoma Project Affiliates") in the State of Oklahoma and generally located at the locations listed below, in the aggregate maximum principal amount at each such location as described in this notice: (i) the campus of Ascension St. John Medical Center, generally located at 1923 S Utica Avenue, Tulsa, Oklahoma and generally bounded by South Utica Avenue, East 17th Street, South Xanthus Avenue, and East 21st Street ($100,000,000 maximum principal amount) and (ii) the campus of Ascension St. John Jenks, generally located at 3029 W Main Street, Jenks, Oklahoma and generally bounded by West 96th Street, North Franklin Street, and North Douglas Street ($12,000,000 maximum principal amount). The Oklahoma Project Affiliates are each an affiliate of Ascension, are each a nonprofit corporation and are each an organization described in Section 501(c)(3) of the Code. The remainder of the proceeds of the Bonds will be used by other affiliates of Ascension for projects located in the states of Indiana, Florida, Illinois, Kansas, Maryland, Tennessee, Texas and Wisconsin.
The Bonds, if issued, will not constitute an indebtedness of the State of Oklahoma within the meaning of any Oklahoma constitutional provision or statutory limitation or constitute or give rise to a pecuniary liability of the State of Oklahoma or a charge against the general credit or taxing powers.
The hearing will commence at 11:00 a.m., or as soon thereafter as practicable and will be held at the offices of The Oklahoma Development Finance Authority 9220 North Kelley Ave., Oklahoma City, Oklahoma 73131. At such public hearing, the hearing officer shall invite discussion pertaining to such proposed financing and refinancing and issuance of the Bonds. Persons attending will have an opportunity to make a brief statement regarding the proposed financing and refinancing and issuance of the Bonds. Written comments may be submitted in advance of the public hearing at the Oklahoma Authority's offices at the above stated address. If written comments are to be submitted they should be submitted no later than 5:00 p.m., on October 17, 2025.
Subsequent to the public hearing, the Governor of the State of Oklahoma will consider whether to approve the Bonds, as required by Section 147(f) of the Code.
Dated: October 13, 2025
THE OKLAHOMA DEVELOPMENT FINANCE AUTHORITY
By: Michael D. Davis, President
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October 13 2025
LOKL0385571