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<br />EXHIBIT A
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<br />NOTICE OF PUBLIC HEARING ON A
<br />PROPOSAL FOR ISSUANCE OF SENIOR HOUSING AND HEALTHCARE REVENUE NOTES
<br />(NEW HARMONY CARE CENTER PROJECT)
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<br />Notice is hereby given that the City Council of the City of Little Canada, Minnesota (the
<br />"City"), will meet in City Council chambers at the Little Canada City Hall, 515 Little Canada Rd E, in
<br />the City, and/or by telephone or other electronic means, as allowed under Minnesota Statutes,
<br />Section 13D.021, at 7:30 p.m. on ___________, ___________, 2021, to consider the City adopting a
<br />housing program to finance, in part, a project hereinafter described pursuant to Minnesota Statutes,
<br />Chapter 462C, by the issuance of tax-exempt revenue bonds or other obligations (the "Bonds") by the
<br />City and the issuance of tax-exempt revenue notes or other obligations by one or more other
<br />governmental issuers (with the City, the "Issuers”).
<br />New Harmony Care Center, Inc. (the "Borrower"), a Minnesota nonprofit corporation and
<br />501(c)(3) organization, the sole member of which is Elim Care, Inc., a Minnesota nonprofit
<br />corporation and 501(c)(3) organization, the sole member of which is Cassia, a Minnesota nonprofit
<br />corporation and 501(c)(3) organization, proposes to (i) finance the acquisition, construction, and
<br />equipping of a new senior healthcare and housing facility, including approximately 48 skilled nursing
<br />beds, 16 transitional skilled nursing beds, 35 independent apartment units, 36 assisted living apartment
<br />units, 14 memory care apartment units, and 12 care suite apartment units, to be located at 1534 County
<br />Road C East in the City of Maplewood, Minnesota (the “Host City”); (ii) fund any required reserve
<br />funds; and (iii) pay all or a portion of costs of issuance (collectively, the “Project”). The Project,
<br />known as New Harmony Care Center, is and will be owned and operated by the Borrower.
<br />The aggregate estimated principal amount of the Bonds to finance the Project and related costs
<br />will be an amount not to exceed $36,000,000, with the aggregate estimated principal amount of the
<br />Bonds to be issued by the City not to exceed $8,000,000.
<br />The Bonds, as and when issued, will not constitute a charge, lien, or encumbrance upon any
<br />property of the Issuers or the Host City, except the Project and the revenues to be derived from the
<br />Project. The Notes will not be a charge against the Issuers’ or the Host City’s general credit or taxing
<br />powers but will be payable from sums to be paid by the Borrower pursuant to one or more revenue
<br />agreements.
<br />A draft copy of the proposed housing program is available for inspection at City Hall during
<br />normal business hours.
<br />At the time and place fixed for the public hearing, the City Council of the City will give all
<br />persons who appear at the hearing an opportunity to express their views with respect to the proposal
<br />for the housing program and the Bonds. Written comments will be considered if submitted at the
<br />above City office on or before the date of the hearing.
<br />PLEASE NOTE: Due to COVID-19, the public hearing will be conducted via telephone or
<br />other electronic means as allowed under Minnesota Statutes, Section 13D.021. Please refer to the City
<br />of Little Canada's website at https://www.littlecanadamn.org/AgendaCenter or call City Hall at 651-
<br />766-4029 to learn how to attend the public hearing via telephone or electronically.
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