COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY TEFRA/PUBLIC HEARING

COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY TEFRA/PUBLIC HEARING NOTICE IS HEREBY GIVEN pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, and Chapter 189, Florida Statutes, as amended, that a public hearing and a special meeting of the Collier County Industrial Development Authority (the "Authority") will be held on November 17, 2025, beginning at 9:00 a.m. or shortly thereafter in the Port Room, Naples Bay Resort, 1500 Fifth Avenue South, Naples, Florida 34102. The hearing will be held in order to consider a proposed issuance by the Authority on behalf of Naples Community Hospital, Inc., a Florida not for profit corporation (the "Hospital") of its Healthcare Facilities Revenue Bonds (NCH Healthcare System Projects), in an aggregate principal amount not to exceed $130,000,000 in one or more series of qualified 501(c)(3) bonds, for the purposes described below (collectively, the "Bonds"). The proceeds from the sale of the Bonds, when and if issued, will be loaned by the Authority to the Hospital for the purpose of financing or refinancing, including through reimbursement, (i) a portion of the cost of the acquisition, design, construction, equipping, furnishing, and/or expansion of (A) an approximately 200,000 square foot, five-story, comprehensive heart and vascular center, including a three-level parking structure, and certain other capital improvements related thereto, to be known as the NCH Heart, Vascular and Stroke Institute, to be located on the NCH Baker Hospital downtown campus (the "Downtown Campus"), adjacent to the existing hospital, located at 350 7th Street North, Naples, Florida 34102, (B) an approximately 92,000 square foot, three-story, orthopedic medical and surgery center, and certain other capital improvements related thereto, to be known as the NCH/HSS Orthopedic Center (the "Orthopedic Center"), to be located on the North Naples Hospital campus ("North Naples Hospital"), located at 11190 Health Park Boulevard, Naples, Florida 34110 and (C) various other capital improvements to the Hospital's facilities located at the Downtown Campus, the Orthopedic Center, the North Naples Hospital and at the following campuses of the Hospital: (1) Lutgert Center West, located at 681 4th Avenue North, Naples, Florida 34102, (2) Lutgert Center East, located at 733 4th Avenue North, Naples, Florida 34102, (3) the NCH Medical Plaza Building, located at 311 9th Street North, Naples, Florida 34102, (4) the NCH Business Center, located at 1100 Immokalee Road, Naples, Florida 34110, (5) NCH Marco Island Health Center North and South, located at 40 South Heathwood, Marco Island, Florida 34145, (6) NCH Ave Maria Immediate Care, located at 5335 Upessa Drive, Ave Maria, Florida 34142, and (7) 2320 Vanderbilt Beach Road, Naples, Florida 34109 (items (A) through (C) collectively, the "Projects"); (ii) the funding of capitalized interest for the Bonds, if deemed necessary or desirable by the Hospital; and (iii) the payment of certain costs of issuing the Bonds, including but not limited to the premium for a new issue municipal bond insurance policy. The Projects either already are or will be owned by the Hospital. The hearing is being held for the purpose of affording the residents of Collier County, Florida (the "County") and other interested persons an opportunity to express their views, both orally and in writing, on the proposed issuance of the Bonds and the nature and location of the Projects to be financed or refinanced with the proceeds thereof. Subsequent to the hearing, the Authority will consider whether to approve the issuance of the Bonds. Thereafter, the Board of County Commissioners of Collier County, Florida (the "Board") will consider whether to approve the issuance of the Bonds. THE BONDS AND THE INTEREST THEREON SHALL NOT CONSTITUTE AN INDEBTEDNESS OR PLEDGE OF THE GENERAL CREDIT OR TAXING POWER OF THE AUTHORITY, THE COUNTY, THE STATE OF FLORIDA OR ANY POLITICAL SUBDIVISION OR AGENCY THEREOF BUT SHALL BE PAYABLE SOLELY FROM THE REVENUES PLEDGED THEREFOR PURSUANT TO A LOAN AGREEMENT OR OTHER FINANCING AGREEMENT ENTERED INTO BETWEEN THE AUTHORITY AND THE HOSPITAL PRIOR TO OR CONTEMPORANEOUSLY WITH THE ISSUANCE OF THE BONDS. THE AUTHORITY HAS NO TAXING POWER. PERSONS ARE ADVISED THAT, IF THEY DECIDE TO APPEAL ANY DECISION MADE AT THIS PUBLIC HEARING, THEY WILL NEED A RECORD OF THE PROCEEDINGS, AND, FOR SUCH PURPOSE, THEY MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. PERSONS MAY ATTEND THE HEARING IN PERSON, HOWEVER SEATING IN THE ROOM IS LIMITED, OR REMOTELY BY CALL IN. CALL IN AND/OR ZOOM INFORMATION MAY BE OBTAINED BY CONTACTING DON PICKWORTH, ATTORNEY AND ASSISTANT SECRETARY, AT (239) 404-1475 OR don@dappalaw.com. FOR QUESTIONS OR CONCERNS, OR, IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT, PERSONS NEEDING A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING, PLEASE CONTACT DON PICKWORTH, ATTORNEY AND ASSISTANT SECRETARY, AT (239) 404-1475 OR don@dappalaw.com NO LATER THAN THREE (3) DAYS PRIOR TO THE HEARING. COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY Publication Dates LSAR0400546