• PUBLIC MEETING NOTICE The M...

PUBLIC MEETING NOTICE



The Montgomery County Higher Education and Health Authority (the "Authority") will hold a public hearing on February 28, 2019 at 4:00 p.m. in the offices of the Authority's Solicitor located at the Law Office of Douglas B. Breidenbach, Jr., Esquire, 1200 High Street, Suite 301, Pottstown, Pennsylvania 19464 to discuss the issuance in one or more series of tax-exempt and taxable revenue bonds pursuant to a plan of finance (the "Bonds") for the following project (the "Project"):


INITIAL OWNER: Thomas Jefferson University, a Pennsylvania non-profit corporation, and certain of its educational and healthcare controlled affiliates (collectively, "TJU"), which consists of two divisions known as Jefferson and Jefferson Health. Jefferson offers educational degree programs primarily on the Center City Campus and the East Falls Campus. Jefferson Health provides inpatient and outpatient healthcare services in four geographical areas, including, but not limited to: Center City (at facilities known as Thomas Jefferson University Hospital, Jefferson Hospital for Neuroscience, Jefferson Methodist Hospital and Magee Rehabilitation Hospital); Abington (at facilities known as Abington Hospital and Abington - Lansdale Hospital); Northeast (at facilities known as Jefferson Bucks Hospital, Jefferson Frankford Hospital and Jefferson Torresdale Hospital); and New Jersey (at facilities known as Jefferson Cherry Hill Hospital, Jefferson Stratford Hospital and Jefferson Washington Township Hospital).


PRINCIPAL AMOUNT OF BONDS: not to exceed $550,000,000 (exclusive of any original issue discount or premium).


DESCRIPTION OF THE PROJECT TO BE FINANCED: The proceeds of the Bonds will be used to:


(1) pay all or a portion of the costs of the following:


(a) the removal of the existing Woodland Garage and replacement with a new three-story garage and miscellaneous renovations to the Zipley Garage, each located at Abington Hospital;


(b) the design, construction, renovation and equipping of an eight-story 245,000 square foot patient tower addition, a new 822 car parking garage, and helipad at Jefferson Washington Township Hospital; and


(c) miscellaneous capital projects including:
i. the acquisition, installation and implementation of a patient electronic records systems at various hospital
locations;
ii. exterior enhancements and renovations at Jefferson Methodist Hospital;
iii. the expansion of a hybrid operating room at Thomas Jefferson University Hospital;
iv. the acquisition and installation of a computer infrastructure system, renovations and equipment at various hospital locations;
v. the renovation of inpatient rooms at Jefferson Hospital for Neuroscience, including at the Gibbon Building; and
vi. the construction and equipping of a new medical oncology/infusion suite at the Sidney Kimmel Cancer Center of Jefferson Washington Township Hospital;
(2) refund the Authority's Hospital Revenue Bonds, Series B of 2012 (Abington Memorial Hospital Obligated Group), which were issued to finance and refinance hospital facilities at Abington Hospital - Jefferson Health and Abington-Lansdale Hospital - Jefferson Health);


(3) pay capitalized interest on the Bonds; and


(4) pay costs and expenses incident to the issuance of the Bonds.


LOCATION OF PROJECT: The facilities to be financed for the benefit of the TJU are located at:


Jefferson and Jefferson Health - Center City: (1) its main campus in Philadelphia, Pennsylvania, which extends along Chestnut Street in the north to 8th Street in the east to Locust Street in the south to 12th Street to the west, and currently includes: Jefferson Hospital for Neurosciences, located at 9th and Walnut Street; the Scott Building, located at 1020 Walnut Street; the Hamilton Building, located on the southwest corner of 11th and Locust Streets; the green space that encompasses the remaining portion of the block bonded between 10th and 11th and Locust Streets and south of the Scott, Martin and Orlowitz buildings, which are located on the north side of the block facing Walnut Street; Medical College located at 1025 Walnut Street; Curtis Building located at 1015 Walnut Street; Western Union Building located at 1103 Locust Street; Martin Building located at 201 South 11th Street; Jefferson Alumni Hall located at 1020 Locust Street; Orlowitz Residence located at 1000 Walnut Street; Bulk 02 Facility located behind Barringer Building; Barringer Residence located at 950 Walnut Street; Edison Building located at 130 South 9th Street; TJU Parking Garage located at 221 South 11th Street; Valet Parking located at 10th & Chestnut Streets; 118 South 11th Street; MOB (Medical Office Building) located at 1100-04 Walnut Street; 137 South 10th Street; 129 South 10th Street; 929 Walnut Street; 927 Walnut Street; Bluemle Life Sciences Building located at 233 South 10th Street; COB (Clinical Office Building) located at 909 Walnut Street; 925 Chestnut Street; 900-908 Chestnut Street; Central Billing Office located at 615 Chestnut Street; 25 South 9th Street; 833 Chestnut East; Sheridan Building located at 125 South 9th Street; Jefferson Building located at 1015 Chestnut Street; Jefferson Bookstore located at 1009 Chestnut Street; Girard Building located at 10 South 11th Street; Benjamin Franklin House located at 834 Chestnut Street; Walnut Towers Building located at 800 Walnut Street; 1201 Chestnut Street; Bonatso Property located at 131 South 10th Street; Nevil Building located at 919 Walnut Street; Accounting and Systems located at 913 Walnut Street; Gibbon Building located at 111 S. 11th Street; Thompson Building located at 1020 Samson Street, Foerderer Pavilion Building located at 117 South 11th Street, Main Building located at 132 South 10th Street, all of which are located in Philadelphia, Pennsylvania; (2) Methodist Hospital Division bounded by Broad Street to the west, 13th Street to the east, Wolf Street to the north and Ritner Street to the south, all of which are located in Philadelphia, Pennsylvania; (3) additional outpatient and other locations including 3 Crescent Drive, 1726 South Broad Street; Methadone Clinic located at 2035 Washington Avenue; Jefferson Medical Care located at 2028 Spring Garden Street; Jefferson Warehouse located at 901-25 North Delaware Avenue; Jefferson Medical Practice located at 2603 South Broad Street; 22nd Street and Spring Garden Street; 2607 Rhawn Street; 1108 Chestnut Street; and Most Blessed Sacrament located at 5628 Chester Avenue, all of which are located in Philadelphia, Pennsylvania; (4) Brind Marcus Center for Integrative Medicine located 789 Lancaster Avenue, Villanova, Pennsylvania 19085; and (5) Magee Rehabilitation Hospital located at 1513 Race Street, Philadelphia, Pennsylvania 19102.


Jefferson - East Falls Campus: (1) on the campus of Jefferson, principally near the intersection of Schoolhouse Lane and Henry Avenue, Philadelphia, Pennsylvania 19144; (2) 3120 West School House Lane, Philadelphia, Pennsylvania 19144; and (3) 3339 West School House Lane, Philadelphia, Pennsylvania, 19129.


Jefferson Health - Abington: (1) Abington Hospital - Jefferson Health located at 1200 Old York Road, Abington, Pennsylvania 19001; (2) Abington-Lansdale Hospital - Jefferson Health located at 100 Medical Campus Drive, Lansdale, Pennsylvania 19446; (3) 225 Newton Road, Warminster, Pennsylvania 18974; and (4) 2701 Blair Mill Road, Willow Grove, Pennsylvania 19090; and (5) 3941 Commerce Avenue, Willow Grove, Pennsylvania 19090.


Jefferson Health - Northeast: (1) 10800 Knights Road, Philadelphia, Pennsylvania 19114; (2) 4900 Frankford Avenue, Philadelphia, Pennsylvania 19124; (3) 380 North Oxford Valley Road, Langhorne, Pennsylvania 19047; (4) 2451 Grant Avenue, Philadelphia, Pennsylvania 19114; (5) 9501 Roosevelt Boulevard, Philadelphia, Pennsylvania 19114; (6) 10160 Bustleton Avenue, Philadelphia, Pennsylvania 19116; (7) 5000 Frankford Avenue Suite 1, Philadelphia, Pennsylvania 19124; (8) Stony Hill Road & Yardley Newtown Road (Route 332), Lower Makefield, Pennsylvania 19067; and (9) Neshaminy III Condominium, 3 Neshaminy Interplex, Trevose, Pennsylvania 19053.


Jefferson Health - New Jersey: (1) 2201 Chapel Avenue West, Cherry Hill, New Jersey 08002; (2) 333 Laurel Oak Road, Suite D, Voorhees, New Jersey 08043; (3) 18 East Laurel Road, Stratford, New Jersey 08084; (4) 1 Somerdale Square, Somerdale, New Jersey 08083; (5) 101 East Laurel Road, Stratford, New Jersey 08084; (6) 201 Laurel Oaks Road, Voorhees, New Jersey 08043; (7) 435 Hurffville Cross Keys Road, Turnersville, New Jersey 08012; (8) 445 Hurffville Cross Keys Road, Turnersville, New Jersey 08012; (9) 900 Medical Center Drive, Suite 10, Sewell, New Jersey 08080; (10) 300 Medical Center Drive, Suite A1, Sewell, New Jersey 08080; (11) 400 Medical Center Drive, Suite D, Sewell, New Jersey 08080; (12) 543 Egg Harbor Road, Turnersville, New Jersey 08012; (13) 900 Medical Center Drive, Suite 10, Sewell, New Jersey 08080; (14) 540 Egg Harbor Road, Sewell, New Jersey 08080; (15) 405 Hurffville Cross Keys Road, Turnersville, New Jersey 08012; and (16) 535 Egg Harbor Rd, Sewell, New Jersey 08080.


At the public hearing, any and all persons in attendance will be afforded an opportunity to comment on the proposed Project and the issuance by the Authority of the Bonds. If you need an accommodation due to a disability and want to attend a meeting, please call (610) 970-0300 at least 24 hours in advance so arrangements can be made.


This notice is published, and the public hearing is being held by and on behalf of the Authority as the issuer of the Bonds, as required by Section 147(f) of the Code, and regulations promulgated thereunder.

MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY





Ref# 0003385143-01
PostedFebruary 13, 2019