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NOTICE of PUBLIC HEARING Notice Is Hereby Given That a Public (Notice date: April 23, 2018; 4:00pm) NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be conducted by the Massachusetts Development Finance Agency (“MassDevelopment”) on May 8, 2018, at 10:30 a.m. at 99 High Street, 11th Floor, Boston, Massachusetts 02110. If MassDevelopment’s offices are closed on May 8, 2018, due to unforeseen circumstances, including adverse weather conditions, the public hearing will be held on the next business day on which MassDevelopment’s offices are open at the same time and location. The purpose of the hearing will be the proposal of CareGroup, Inc. (together with any affiliates, “CareGroup”), that MassDevelopment finance the following projects at the following locations: (1) Beth Israel Deaconess Medical Center, Inc. (“BIDMC”), with major facilities located at its East Campus located at 330 and 364 Brookline Avenue, Boston, and located on and bounded generally by Brookline Avenue, the Fenway, Avenue Louis Pasteur and Longwood Avenue (“East Campus”), its West Campus, having a principal address of One Deaconess Road, Boston, and located on and bounded generally by Brookline Avenue, The Riverway and Longwood Avenue, Boston (“West Campus”), and 99, 109, and 131 Brookline Avenue, 21-27 Burlington Avenue, 20 Overland Street, 375 Longwood Avenue, 1135 Tremont Street, and 3 Blackfan Circle, Boston; 1135 Tremont Street, Boston; 200 Boylston Street, Chestnut Hill; 148 Chestnut Street, Needham; 1000 Broadway, Chelsea; 482 Bedford Street, Lexington; and 230 Bowdoin Street, Dorchester (collectively, the foregoing are referred to as the “BIDMC Facilities”); (2) Beth Israel Deaconess Hospital-Needham, Inc. (“BID-Needham”) with facilities located at 148 Chestnut Street and 111 Lincoln Street, Needham (the “BID-Needham Facilities”); (3) Beth Israel Deaconess Hospital-Plymouth, Inc. (“BID-Plymouth”) with facilities located at 275 Sandwich Street, Plymouth (the “BID-Plymouth Facilities”); and (4) Beth Israel Deaconess Hospital-Milton, Inc. (“BID-Milton”) with facilities located at 199 Reedsdale Road and 100 Highland Street, Milton (the “BID-Milton Facilities”); and such projects to be owned and operated by CareGroup and its affiliates for health care purposes and consisting of: (I) (a) the financing of the acquisition and implementation of a new shared patient billing and electronic medical records system for the BID-Needham Facilities, the BID-Milton Facilities and the BID-Plymouth Facilities, and information technology improvements at the BIDMC Facilities, the BID-Needham Facilities, the BID- Plymouth Facilities and the BID-Milton Facilities; (b) the financing of the construction, renovation, furnishing and equipping of, and various other capital acquisitions related to a 10-story, approximately 395,000 gross square foot new inpatient building to be located on the BIDMC West Campus; (c) the financing of the construction, renovation, furnishing and equipping of, and various other capital acquisition related to, a 4-story, approximately 37,000 square foot new ambulatory care building at the BID-Needham Facilities and other infrastructure improvements at the BID-Needham Facilities; and (d) the financing of capital equipment and construction of improvements and renovations of BIDMC Facilities; and (II) authorize the financing of the costs of such projects by the issuance by MassDevelopment, acting under and pursuant to Massachusetts General Laws, Chapters 23G and 40D, of revenue bonds in an aggregate principal amount not to exceed $497,000,000, pursuant to a plan of finance, which bonds will not constitute (Notice date: April 23, 2018; 4:00pm) a debt or pledge of the faith and credit of MassDevelopment or of The Commonwealth of Massachusetts. Interested persons wishing to express their views on such projects and the proposed issuance of revenue bonds to finance and refinance the projects will be given the opportunity to do so at the public hearing or may, prior to the time of the public hearing, submit their views in writing to Massachusetts Development Finance Agency, 99 High Street, 11th Floor, Boston, MA 02110. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 57627724 v4 .
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