Notice of Public Hearing Regarding Plan of Finance

NOTICE OF PUBLIC HEARING REGARDING PLAN OF FINANCE INVOLVING THE ISSUANCE OF REVENUE BONDS BY THE PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY FOR THE BENEFIT OF EMORY UNIVERSITY YOU ARE HEREBY NOTIFIED that, pursuant to the provisions of Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), a public hearing (the "Hearing") will be held on the 16th day of May, 2025, at 11:00 a.m., regarding a plan of finance (the "Plan of Finance") proposed by Emory University, a Georgia non-profit corporation (together with its affiliates, "Emory") involving the issuance by the Private Colleges and Universities Authority (the "Issuer") of its qualified 501(c)(3) bonds as defined in Section 145 the Code, for hospitals or other healthcare facilities (the "Bonds") for the benefit of Emory, to finance or refinance the Facilities as hereinafter described and to refund certain outstanding indebtedness of the Issuer or Emory. The Hearing will be located at the offices of Alston & Bird LLP, One Atlantic Center, 49th Floor, 1201 West Peachtree Street, Atlanta, Georgia 30309-3424 and is also accessible via conference call (Dial In: 888-525-7866 and Participant Passcode: 4048817528). The Bonds may be issued by the Issuer pursuant to the Plan of Finance from time to time and in one or more series in an aggregate principal amount of (i) up to $950,000,000 to finance or refinance for Emory the cost of the acquisition, construction and installation of the Facilities, and (ii) up to $500,000,000 to refund obligations previously issued by the Issuer or Emory to finance or refinance land, buildings, equipment, facilities and improvements for Emory. The Facilities consist of land, buildings, equipment, facilities, and improvements used or to be used by Emory in connection with the educational and healthcare operations of Emory. The main campus of Emory is located in Atlanta, Georgia and the address of its principal office is 201 Dowman Drive, Atlanta, Georgia. The Facilities are located on the main campus of Emory (which includes Emory University Hospital at Wesley Woods located at 1821 Clifton Road, Atlanta, Georgia and Emory University Hospital located at 1364 East Clifton Road, N.E., Atlanta, Georgia), as well as on other sites that are used by Emory as part of its integrated education and healthcare operations. The Facilities may include, but are not limited to: · Emory University capital projects located on the main campus. The cost of such Facilities is expected to be approximately $383,315,000. · The Emory University Hospital Midtown located at 550 Peachtree Street, N.E., Atlanta, Georgia. The cost of such Facilities is expected to be approximately $31,000,000. · The Oxford College Campus located in Oxford, Georgia with the main address at 100 Hamell Street, Oxford, Georgia. The cost of such Facilities is expected to be approximately $94,000,000. · Executive Park 12 located at 12 Executive Park Drive, N.E., Atlanta, Georgia. The cost of such Facilities is expected to be approximately $18,000,000. · The Emory Saint Joseph's Hospital located at 5665 Peachtree Dunwoody Road, Atlanta, Georgia. The cost of such Facilities is expected to be approximately $361,000,000. · The Emory Decatur Hospital located at 2701 North Decatur Road, Decatur, Georgia. The cost of such Facilities is expected to be approximately $62,685,000. The facilities being financed or refinanced by refunding obligations previously issued by the Issuer or Emory include education and healthcare facilities of Emory located on the main campus referred to above or other locations proximate thereto, or at other sites operated by Emory as part of its integrated healthcare and university operations. The owner or operator of the Facilities financed or refinanced by the Bonds is or will be Emory. The Bonds will not constitute an indebtedness or general obligation of the Issuer or the State of Georgia or any political subdivision thereof, but will be payable solely from amounts paid to the Issuer by Emory pursuant to one or more loan agreements to be entered into between the Issuer and Emory and not from any other fund or source. Any person interested in the proposed issuance of the Bonds or the nature or locations of the Facilities financed by the Bonds may appear at the Hearing using the conference call dial-in instructions set forth above and be heard or may submit their views in writing. Written comments should be submitted to the Private Colleges and Universities Authority, c/o Alston & Bird LLP, 1201 West Peachtree Street, Atlanta, Georgia 30309-3424, Attention: Amber Pelot or emailed to amber.pelot@alston.com, and should be mailed in sufficient time to be received before the date of the hearing. The Issuer will not conduct any performance audit or performance review with respect to the Bonds as such terms are described in Section 36-82-100, Official Code of Georgia Annotated. PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY 5-7-25