NOTICE OF PUBLIC HEARING Notice is hereby given that on Monday, September 23, 2024, at 11:00 a.m. prevailing time, a public hearing will be held in the Henry C. “Hoppy” Shores Commission Courtroom, Kanawha County Courthouse, 409 Virginia Street, East, Charleston, West Virginia, at which time and place all interested parties may appear before the Kanawha County Building Commission (the “Building Commission”) and may be heard as to whether the following described Ordinance shall be put into effect. Notice is further hereby given that on August 23, 2024, the Building Commission enacted an Ordinance authorizing and directing the issuance of not more than $15,000,000 in aggregate principal amount of Kanawha County Building Commission Lease Revenue Bonds (Kanawha County Judicial Building Project) Series 2024 (the “Bonds”) to finance costs of the design, construction, renovation, expansion, improvement, furnishing and equipping of the Kanawha County Judicial Building on land owned by the Building Commission, located at 111 Court Street, Charleston, West Virginia (the “Property”), for use by The County Commission of Kanawha County (the “County Commission”) for its Judicial Building and on behalf of the inhabitants of Kanawha County. The Ordinance further provides for the leasing of the Property to the County Commission (the “Lease”). The Bonds will be special obligations of the Building Commission payable solely from the revenues, rentals, and other monies received by the Building Commission pursuant to the Lease and any other permitted lease of the Property and other security held pursuant to a bond indenture and security agreement described below and will not constitute a debt or liability of Kanawha County, West Virginia, the County Commission (except as provided in the Lease) or the State of West Virginia. The Ordinance further provides for a bond indenture and security agreement to be entered into between the Building Commission and United Bank, as Trustee (the “Trustee”) by which the Building Commission will assign to the Trustee the right to receive rental and other payments under the Lease or other leases permitted by the bond indenture and security agreement or the deed of trust which will encumber the Property to further secure the owners of the Bonds and the Building Commission will deliver the Bonds in return for the purchase price thereof to be used to pay costs of the design, construction, renovation, expansion, improvement, furnishing and equipping of the Property. The Property will be leased initially by the Building Commission to the County Commission pursuant to the Lease. A certified copy of the Ordinance is on file for review by interested persons during regular office hours in the office of the Clerk of The County Commission of Kanawha County, West Virginia, Kanawha County Courthouse, 409 Virginia Street, East, Charleston, West Virginia. Published at the direction of the Kanawha County Building Commission. Dated: September 12, 2024. G. A. Barker, Secretary Kanawha County Building Commission LC-183544 09-12,19;2024
