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NOTICE OF PUBLIC HEARING

Notice is hereby given that a public hearing will be conducted by the Development Finance Agency (“MDFA”) on Friday, December 4, 2015, at 10:00 a.m. at its offices located at 99 High Street, , Massachusetts, on the proposal of Partners HealthCare System, Inc. (“Partners”), whose main address is 800 , Suite 1100, Boston, Massachusetts 02199, to approve a plan of financing generally consisting of (with all addresses in Massachusetts):

I. Financing additional new costs of:

A. (1) the construction of an approximately 384,000 square foot building by The Brigham and Women’s Hospital (“Brigham”) located on a portion of the existing parcel at 60, 74 Fenwood Road bounded by Fenwood Road, Vining Street and the Vining Street Extension, in Boston, to house clinical and research space and approximately 406 underground parking spaces; (2) the renovation of a 46-bed level III neonatal intensive care unit and construction of a new 20-bed level II special care nursery at Brigham comprising approximately 34,032 square feet and located at 75 Francis Street in Boston; (3)(a) the construction of an approximately 400 space underground parking facility by Brigham under 15 Francis Street, Boston, (b) the development and implementation of a system-wide common revenue processing and clinical application system, called Partners eCare, to improve the performance of Partners and its affiliates in dimensions of quality, cost and service and to integrate care across diverse and growing systems and thereby to coordinate care and (c) a data center for backup and disaster recovery to be located at 559 Forest Street in Marlborough; and (4) the construction of a 768,000 square foot office building located on Revolution Drive (Assembly Row) in Somerville to house administrative personnel; and

B. the renovation, equipping and furnishing of various facilities and the acquisition or construction of various other capital improvements for Partners and its affiliates, at the respective addresses listed above and at the following locations to the extent not included therein: (1) Brigham and Women’s Health Care, Inc. (“BWHC”), Brigham, and Brigham & Women’s Faulkner Hospital, Inc. (“Faulkner”) facilities at 60, 74 Fenwood Road, 15, 45, 48, 70, 75, 80 and 90 Francis Street, 181 and 221 Longwood Avenue, 500 , Richardson Fuller Building Parking, 10 Vining Street, 101 and 116 and 77 Avenue Louis Pasteur in Boston, 830 and 850 Boylston Street in Brookline, 20 Patriot Place in Foxborough, 640, 1133 and 1153 Centre Street and 3297 Washington Street in and 1828-1832 Centre Street in West Roxbury; (2) The Massachusetts General Hospital (“MGH”) and The General Hospital Corporation (“The General”) facilities at 16, 30, 40, 40R, 60, 66, 80, 90 and 100 Blossom Street, 165, 175, 185, 275 and 316 Cambridge Street, 215, 255, 265, 267, 273 and 275 , 30, 32, 35 and 55 Fruit Street, 12 Garden Street, 1, 3 and 9 Hawthorne Place, 99 and 125 Nashua Street, 10, 15 and 40 Parkman Street, 25 North Anderson Street, 1 and 10 North Grove Street, 10 Whittier Place, 0, 2, 5 and 10 Emerson Place, 1 Bowdoin Square, 1 Hawthorne Place, 294 Washington Street, 332 , 388 Commonwealth Avenue, Charles Street Parking Garage at 165 Cambridge Street, Fruit Street Parking Garage, Wang Ambulatory Care Center Parking Lot on Parkman Street in Boston, 185 Alewife Brook Parkway in Cambridge, 100 1st Avenue, 62 13th Street, 73 High Street and 76 Monument Street in Charlestown, 80, 100 and 151 Everett Avenue in Chelsea, 102 Endicott Street in Danvers, 19-23 Norwood Street in Everett, 1 Maguire Road in Lexington, 300 Broadway and 300 Ocean Avenue in Revere, 40 and 52 Second Avenue in Waltham; (3) Martha’s Vineyard Hospital at One Hospital Road in Oak Bluffs; (4) Nantucket Cottage Hospital at 57 Prospect Street in Nantucket; (5) Newton-Wellesley Hospital (“NWH”) facilities at 2000 and 2014 Washington Street in Newton, 9 Hope Avenue in Waltham, 25 Washington Street in Wellesley and 45 Colpitts Road in Weston; (6) North Shore Medical Center (“NSMC”) facilities at 480, 490, 496 and 500 Lynnfield Street and 694 Western Avenue in Lynn, 1 Widger Road in Marblehead, 6 Essex Center Drive and 17 Centennial Park in Peabody, 108 Jefferson Avenue, 116R, 55, 57, 79 and 81 Highland Avenue in Salem; (7) The McLean Hospital Corporation (“McLean”) facilities at 115 Mill Street and 127 Pleasant Street in Belmont; (8) Spaulding Nursing and Therapy Center North End (“Spaulding”) facilities at 70 Fulton Street in Boston; (9) The Spaulding Hospital-Cambridge, Inc. facilities at 1575 Cambridge Street in Cambridge; (10) Rehabilitation Hospital of the Cape and Islands, Inc. (“RHCI”) facilities at 311 Service Road in East Sandwich and 280-D Route 130 in Sandwich; (11) FRC, Inc. facilities at 1245 Centre Street in West Roxbury; (12) Shaughnessy-Kaplan Rehabilitation Hospital, Inc. (“Shaughnessy”) facilities at 1 Dove Avenue in Salem; (13) Partners facilities at 38 13th Street in Charlestown, 100 Endicott Street in Danvers and 128 1st Avenue in Needham; and (14) Cooley Dickinson Health Care Corp. facilities at 100 and 170 University Drive, 313 Northampton Road and 150 Infirmary Way in Amherst, 175 in Belchertown, 238 Northampton Street in Easthampton, 10 and 40 Main Street and 15 Straw Avenue in Florence, 232-234 and 380 Russell Street in Hadley, 4 West Street in Hatfield, 38 Mulberry Street in Leeds, 30, 61 and 193 Locust Street, 25 Graves Avenue, 76 Carlon Drive, 168 Industrial Drive, 264 Elm Street, 241 King Street, 1 and 9 Denniston Place, 2 and 90 Conz Street, 8 and 22 Atwood Drive in Northampton, 21 Elm Street and 235 Greenfield Road in South Deerfield, 84 Willimansett Street in South Hadley, 6 Parc Place and Big Y Shopping Center in Southampton, 65 Springfield Road in Westfield, 14 Williams Street in Williamsburg and 58 Old North Road in Worthington; and

II. Refinancing existing completed projects including:

A. (1) the construction and improvements by NWH of various portions of the NWH Hospital complex (as defined below), including the acquisition of and upgrades to various items of capital equipment at the NWH Hospital complex; (2) the following projects owned and/or operated by The General: (a) tenant improvements and fit out of approximately 355,000 square feet of space leased by The General at Charles River Plaza (185 Cambridge Street in Boston); (b) construction and renovation of four operating rooms of approximately 28,200 square feet at the ambulatory surgery center operated by The General known as MGH West and located at 40 Second Avenue in Waltham; and (c) renovations to various clinical areas at (i) The General’s Chelsea Health Center located at 151 Everett Avenue in Chelsea, and (ii) The General’s main campus bounded by Charles Street, Blossom Street, Cambridge Street and Fruit Street in Boston (“The General’s Main Campus”); (3) the following projects owned and/or operated by the Brigham: (a) a portion of the cost of acquisition by the Brigham of the ServiCenter located at 80 Francis Street in Boston, which includes a parking garage with approximately 650 parking spaces, physicians’ offices, hospital supply handling facilities and a small parcel of vacant land; (b) renovations to ambulatory clinical areas at 850 Boylston Street in Brookline; (c) renovations and upgrades to inpatient and outpatient clinical areas and physician faculty offices at various locations on the Brigham’s main campus at 15-75 Francis Street in Boston; (d) construction of a cardiovascular center of approximately 350,000 square feet at 70 Francis Street in Boston; (e) administrative and research space renovations to facilities at 801 Massachusetts Avenue in Boston; (f) renovations to clinical space at One Brookline Place in Brookline; (g) renovations to clinical space and physician faculty offices at One in Boston; and (h) the acquisition and installation of capital equipment and construction of improvements and renovations to existing facilities at the above locations; (4) the construction and renovation by NWH of approximately 77,000 square feet of space used for the emergency department, operating room build-out, and ambulatory build-out and a 570 space parking garage all located at 2014 Washington Street in Newton (the “NWH Hospital complex”); and (5) the acquisition and improvements of a portion of the building located at 128 First Avenue in Needham and installation of capital equipment therein used by Partners as a data center; B. (1) the following projects at the NWH Hospital complex: (a) the conversion of 22 beds, approximately 8,800 gross square feet, of the 42-bed maternity unit to labor delivery recovery rooms; (b) the renovation of the inpatient pediatric unit, approximately 11,000 gross square feet, and the relocation of the inpatient and outpatient pediatric gastroenterology facility; (c) the relocation and expansion of the outpatient physical therapy rehabilitation services area, approximately 5,000 gross square feet, including the upgrading of equipment and treatment facilities; and (d) NWH’s five-year capital plan to acquire and upgrade hospital equipment and to undertake various internal renovations; (2)(a)(i) the demolition of the former residence hall portion of approximately 58,400 square feet of the former Boston Lying-In Hospital complex, (ii) the construction of a new seven-level research laboratory wing of 99,659 square feet on the demolition site, (iii) the construction of a main arrival space for the new research facility to provide handicapped access to the complex, and (iv) the purchase and installation of furnishings, fixtures and equipment in the new research facility; (b)(i) the construction of an approximately 268,000 square foot Center for Women and Newborns on the site of the existing Tackaberry Building, located adjacent to the Inpatient Tower on the main campus, used for obstetrical, outpatient and other support services, (ii) the construction and renovation of various clinical facilities situated on the Brigham main campus, including the amphitheater and the chemo infusion/transfusion suite in Building B, (iii) the acquisition, construction and renovation of various offices and ambulatory care facilities located at the Brigham main campus, the Ambulatory II Building, 45 Francis Street in Boston, the Brookside Health Center, 3293-3297 Washington Street in Jamaica Plain, the Southern Jamaica Health Center, 685-687 Center Street in Jamaica Plain, the ServiCenter Office Building/Warehouse 90 Francis Street in Boston, the Neville House, 10 Vining Street in Boston, 454 Brookline Avenue in Boston, 850 Boylston Street in Chestnut Hill, the 333 Longwood Building, 333 Longwood Avenue in Boston, and Brook House, 55 Pond Avenue in Boston, (iv) the acquisition, construction and renovation of various research facilities and offices located at the Brigham main campus, the Peter Brent Brigham Building, 721 Huntington Avenue in Boston, the former Lying-In Campus located in part at 211- 229 Longwood Avenue in Boston, Channing Research Laboratories, 180 Longwood Avenue in Boston, 850 Boylston Street in Chestnut Hill, the Seeley G. Mudd Research Building, 250 Longwood Avenue in Boston, 201 Brookline Avenue in Boston, and Brook House, 55 Pond Avenue in Boston, and (v) the acquisition by BWH of certain capital equipment, including but not limited to information and telecommunication systems, radiological and other general medical and laboratory equipment to be located at one or more of the aforementioned locations; (3) the construction of a cardiovascular center of approximately 420,000 square feet at 70 Francis Street in Boston consisting of inpatient beds, operating rooms, outpatient procedure and clinic areas, and ancillary support departments; (4) the construction of a building of approximately 500,000 square feet at The General’s Main Campus to house a relocated and expanded radiation oncology department, expanded emergency services, three levels of operating and procedure suites, 150 neurosciences and medical oncology intensive care and acute care patient rooms, a new sterile processing department and a new central receiving dock; (5) the acquisition of a condominium unit or units at Charles River Plaza in Boston and consisting of the properties identified as 165 Cambridge Street, 175 Cambridge Street and the Charles River Plaza parking facility, as well as the property known as 75 Blossom Court in Boston; (6) renovations to clinical space at The General’s Main Campus; (7) renovations and improvements to inpatient clinical areas by NSMC at NSMC’s main campus, 81 Highland Avenue in Salem; (8) the construction of a multi- specialty, ambulatory care center at 100 Endicott Street in Danvers, to house the MGH/NSMC Cancer Center, eight day-surgery suites, diagnostic imaging, diagnostic cardiology, laboratory services/phlebotomy, and a family/patient resource center; and (9) the acquisition and installation of a system-wide revenue management system at 529 Main Street in Charlestown; C. (1)(a) the construction of an approximately 59,953 square foot 140-bed nursing home and the acquisition of land therefor by North End Community Health Committee, Incorporated, which project was subsequently acquired and is currently owned and operated by Spaulding Nursing and Therapy Center North End, and which project is located at 70 Fulton Street in Boston; and (b)(i) the acquisition of an approximately 62,809 square foot building for a school for medical personnel located at Building 36, 100 First Avenue, Charlestown Navy Yard in Charlestown to be owned and operated by The MGH Institute of Health Professions, Inc. (“IHP”); (ii) the construction of approximately 560,000 square feet of additional new space in an ambulatory care building, to consist of a total of approximately 660,000 square feet; (iii) the construction of a portion of an approximately 720-space parking garage to be attached to the aforementioned ambulatory care building, the aforementioned projects to be owned and operated by The General at The General’s Main Campus; and (iv) the acquisition and installation of capital equipment and construction of improvements and renovations to existing facilities for Partners and its affiliates listed above, at the respective addresses listed above and, in the case of The General, also at facilities in the Charlestown Navy Yard in Charlestown, 15 Parkman Street in Boston and for the following other affiliates of Partners: AtlantiCare, with major facilities located at 490 Lynnfield Street, 500 Lynnfield Street and 212 Boston Street in Lynn, BWHC and Brigham, with major facilities located at 221 Longwood Avenue and 15, 45 and 75 Francis Street in Boston, Faulkner, with major facilities located at 1137, 1153 and 1155 Centre Street and 30 Whitcomb Avenue in Boston, McLean, with major facilities located at 115 Mill Street in Belmont, NWH, with major facilities located at 2014 Washington Street in Newton, NSMC, with major facilities located at 57 and 81 Highland Avenue in Salem, RHCI, with major facilities located at 311 Service Road in East Sandwich, and Spaulding, with major facilities located at 125 Nashua Street in Boston, and Shaughnessy, with major facilities located at 1 Dove Avenue in Salem; (2)(a) the construction of (i) a four-level Ambulatory Services Building located on Brigham’s Francis Street campus and connected to Brigham’s existing Ambulatory Services Building; and (ii) a combination parking structure/mid-campus entry point, directly connected to the new Ambulatory Building with parking for approximately 240 cars on four levels; (b) the construction of (i) a sixteen-story, 751- bed patient tower with administrative and support facilities but excluding the chapel contained therein; (ii) a two-story laboratory building connected to the ambulatory care center; (iii) a three- story building housing emergency, primary care and other ambulatory services; and (iv) a two- level supportive structure for the foregoing facilities housing surgery, radiology and other services, all located at 75 Francis Street in Boston; (c)(i) electrical upgrades at The General’s Main Campus and the construction, renovation and equipping of the Wellman Building and the Edwards Research Building, both located on The General’s Main Campus, and the acquisition of Spaulding; and (ii) construction and renovation of the Blake Building located on The General’s Main Campus; and (3)(a) renovations and improvements to Brigham’s emergency department at 75 Francis Street in Boston; (b) planning costs including any environmental remediation costs and the construction of an approximately 240,000 square foot replacement facility located on Parcel 6 in the Charlestown Navy Yard in Charlestown and comprised of approximately 132 beds; and (c) the installation of software and the renovation, equipping and furnishing of various facilities and the acquisition or construction of various other capital improvements for Partners and its affiliates at the respective addresses listed in the paragraphs above; which projects are or will be owned and operated by Partners and its respective affiliates, as described above. Partners has requested the financing and refinancing of such costs by the issuance by MDFA of revenue bonds in an aggregate principal amount not to exceed $665,000,000, which bonds do not and will not constitute a debt or pledge of the faith and credit of The Commonwealth of Massachusetts or MDFA.

Interested persons wishing to express their views on the Project or the issuance of such obligations to finance and refinance the Project 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 MDFA at 99 High Street, Boston, Massachusetts 02110.

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY