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Notice of Public Hearing on Proposed Issuance By

NOTICE OF PUBLIC HEARING ON PROPOSED ISSUANCE BY THE PUBLIC FINANCE AUTHORITY OF ITS CHARTER SCHOOL REVENUE AND REFUNDING BONDS (D.A.T.E. PROJECT) IN AN AGGREGATE MAXIMUM STATED PRINCIPAL AMOUNT NOT TO EXCEED $11,000,000 FOR THE BENEFIT OF DEKALB ACADEMY OF TECHNOLOGY & THE ENVIRONMENT INC. Notice is hereby given that on June 27, 2019, a public hearing, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), will be held by an attorney with Kutak Rock LLP, as Bond Counsel (in such capacity, the "Hearing Officer"), as the designee of the Public Finance Authority (the "Authority"), a commission organized under and pursuant to the provisions of Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended (the "Act"), in DeKalb County, Georgia (the "County"), with respect to the proposed issuance by the Authority of its Charter School Revenue and Refunding Bonds (D.A.T.E. Project), in one or more series or issuances as part of a plan of finance and/or refinance (the "Bonds"), in an aggregate maximum stated principal amount not to exceed $11,000,000. The hearing will commence at 1:00 p.m., or as soon thereafter as the matter can be heard, and will be held at the charter school facility of DeKalb Academy of Technology & the Environment Inc., 1492 Kelton Drive, Stone Mountain, Georgia 30083. The Bonds are expected to be issued pursuant to the Act by the Authority, and the proceeds from the sale of the Bonds will be loaned to DeKalb Academy of Technology & the Environment Inc. (the "Borrower"), a Georgia nonprofit corporation and an organization described in Section 501(c)(3) of the Code, and used for the following purposes: (a) refinancing certain existing indebtedness of the Borrower relating to its existing charter school facility located at 1492 Kelton Drive, Stone Mountain, Georgia 30083, in the County (the "Facility"), (b) funding certain capital improvements to or expansions or equipping of the Facility, (c) funding any required reserve funds for the Bonds, (d) funding any required interest on the Bonds and (e) paying certain costs of issuing the Bonds (collectively, the "Project"). The Facility is and will be owned by the Borrower and is and will be principally used and operated by the Borrower as a public charter school. All or a majority of the Bonds are expected to be issued as, or convertible to, tax-exempt qualified 501(c)(3) bonds. The Bonds will be special limited obligations of the Authority payable solely from funds paid by the Borrower to the Authority, and certain funds and accounts established by the bond indenture for the Bonds. Neither the County, the State of Georgia nor any municipal corporation or political subdivision thereof will have any liability whatsoever for the repayment of the Bonds. The public hearing will provide an opportunity for all interested persons to express their views, both orally and in writing, on the proposed issuance of the Bonds and the financing and/or refinancing of the Project. Any person interested in the issuance of the Bonds may appear and be heard or submit written comments. Any person wishing to submit written comments regarding the proposed issuance of the Bonds, the financing and/or refinancing of the Project or any matter related thereto should do so by presenting such written comments to the Hearing Officer at the beginning of the hearing. All such public comments must be received by the Hearing Officer prior to the close of the hearing for consideration. This notice is given pursuant to the provisions of Section 147 of the Code and the Act. Additional information concerning the Project may be obtained from the Borrower at 1492 Kelton Drive, Stone Mountain, Georgia 30083. Public Finance Authority 6-20/2019
June 20, 2019
June 27, 2019
June 27, 2019 8:10pm