PUBLIC HEARING - Tax-exempt revenue bonds will be loaned to The Laurels Retirement & Assisted Living LLC

NOTICE OF 

PUBLIC HEARING

THE HEALTH AND 

EDUCATIONAL FACILITIES

BOARD OF THE TOWN OF GREENEVILLE, TENNESSEE

    Notice is hereby given that an authorized representative of The Health and Educational Facilities Board of the Town of Greeneville, Tennessee (the “Issuer”), will hold a public hearing by teleconference on November 20, 2024, at 2:30 p.m., Eastern Time, with respect to the proposed issuance by the Issuer of its qualified 501(c)(3) tax-exempt revenue bonds in a maximum principal amount of not to exceed $4,500,000 (the “Bonds”). The proceeds of the Bonds will be loaned to The Laurels Retirement & Assisted Living LLC (the “Borrower”), whose sole member is Free Will Baptist Family Ministries, Inc., to refinance a prior loan, the proceeds of which were used to finance the acquisition, construction, renovation and equipping of a senior living facility at 5635 BSG Drive, Norton, Virginia 24273, which is owned and operated by the Borrower.  The telephonic public hearing will be held pursuant to the requirements of Section 147(f) of the U.S. Internal Revenue Code of 1986, as amended. Those wishing to participate may access the hearing by calling the following toll-free telephone number: 877-853-5247, Conference ID: 688 784 3185. Any person interested in the issuance of the Bonds or the locations or purposes of the assets to be financed or refinanced with the proceeds of the Bonds is invited to dial into the public hearing (which may be continued or adjourned to a later date), and they will be given an opportunity to express their views. 

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