NOTICE OF PUBLIC HEARING The Indiana Finance Authority (the "Authority") will hold a public hearing on November 15, 2011, at 10:00 a.m. in the offices of the Authority located at One North Capitol Avenue, Suite 900, Indianapolis, Indiana, with respect to the proposed issuance of one or more series of hospital revenue bonds (the "Bonds") by the Authority or reissuance of one or more series of hospital revenue bonds of the Authority (the "Prior Bonds" as described below) in an aggregate principal amount not to exceed Three Hundred Twenty Million Five Hundred Thousand Dollars ($320,500,000) pursuant to a plan of finance for various capital facilities as more fully described below. The proceeds of the Bonds will be loaned to Indiana University Health, Inc. (the "Corporation"), an Indiana nonprofit corporation, and will be used to (i) refund one or more series of the Authority's taxable and tax-exempt Hospital Revenue Bonds (Indiana University Obligated Group) Series 2011 (the "2011 Bonds"), the Authority's Hospital Revenue Bonds (Clarian Health Obligated Group) Series 2006A and Series 2006B (the "2006 Bonds"), the Hospital Authority of Monroe County Hospital Revenue Refunding Bonds, Series 1997 (Bloomington Hospital, Inc. Project) (the "BHI 1997 Bonds"), the Hospital Authority of Monroe County Hospital Revenue Bonds, Series 1999B (Bloomington Hospital Obligated Group) (the "BHI 1999B Bonds"), the Hospital Authority of Delaware County, Indiana Hospital Revenue Refunding Bonds, Series 1997 (Cardinal Health System Obligated Group) (the "Cardinal 1997 Bonds" and together with the 2011 Bonds, the 2006 Bonds, the BHI 1997 Bonds and the BHI 1999B Bonds, the "Prior Bonds"), thereby refinancing the costs of acquiring, constructing, renovating, expanding and equipping certain healthcare facilities originally financed or refinanced with the proceeds thereof (the "Projects" as described below), (ii) refund existing debt obligations incurred by the Corporation in connection with the financing or refinancing of various healthcare facilities (the "Prior Debt"), (iii) finance, refinance or reimburse the costs of acquiring, constructing, renovating, expanding and equipping certain healthcare facilities of the Corporation (the "Projects" as described below), (iv) fund one or more debt service reserve funds, if any, (v) obtain credit enhancement, if any, for the Bonds, and (vi) pay certain costs of issuing the Bonds, including underwriter's discount. The aggregate principal amount of the portion of the Prior Bonds to be reissued will not exceed $70,500,000. The proceeds of the Prior Bonds and of the Prior Debt were used, and the proceeds of the Bonds are expected to be used, to finance or refinance the costs of acquiring, constructing, renovating, expanding and equipping healthcare facilities located at: 1701 N. Senate Boulevard, 2140 Boulevard Place, 2124 Boulevard Place, 2128 Boulevard Place, 550 North University Boulevard, 702 Barnhill Drive, 1110 West Michigan Street, 201 Pennsylvania Parkway, Suite 325, 8820 South Meridian Street, Suite 225, 9670 East Washington Street, Suite 135, 6920 Parkdale Place, #207 and #203, 2620 Kessler Boulevard East Drive, Suite 100, 4850 Century Plaza Road, 1101 Southeastern Avenue, 333 West 11th Street, 1311 North Shadeland Avenue, 6349 South East Street, 1919 North Capitol Avenue, 5603 West Raymond Street - Park Fletcher Suite A, 7301 Georgetown Road, 2039 North Capitol, 4880 Century Plaza Road, 950 North Meridian Street, 340 West 10th Street, a monorail system connecting the Clarian's campuses located at 550 North University Boulevard, including a stop at 350 West 11th Street and 541 Clinical Drive, all in Indianapolis, Indiana; the intersection of 146th and Hazeldell in Noblesville, Indiana; 2401 University Avenue, 2901 West Jackson Street, 5501 West Bethel Avenue, 4870 East Jackson Street, 221 North Celia Avenue, 2598 West White River Boulevard, 800 South Tillotson Avenue, Suite A, 3715 South Madison Street, 1500 Neeley Avenue, 3300 West Community Drive, and 205 North Tillotson Avenue, Basement and First Floor, all in Muncie, Indiana; 11700 North Meridian Street in Carmel, Indiana; 200 High Park Avenue, 1721 South Main Street, 1135 Professional Drive, 1115 Professional Drive, 2006 South Main Street, 112 High Park Avenue, Suite 2, 2100 South Main Street, 110 High Park Avenue, 2018 South Main Street, 2012 South Main Street, Suite A, 2014 South Main Street, Suite A, 1302 College Avenue, Suite 1, 1700 South Main Street, 2016 South Main Street, 101 Marilyn Avenue, Suite 3, 2016 South Main Street, Suite B, 2014 South Main Street, Suite B, and 114 High Park Avenue all in Goshen, Indiana; 1007 Lincoln Way in LaPorte, Indiana; 1606 North Seventh Street and 2900 West 16th Street each in Bedford, Indiana; 2521 East Market Street in Nappanee, Indiana; 1033 North Indiana Avenue in Syracuse, Indiana; 23919 US 33 in Elkhart, Indiana; 222 US 20 in Middlebury, Indiana; 220 Bloomingdale Drive in Bristol, Indiana; 1150_ Lincolnway South in Ligonier, Indiana; 68370 Clinton Street, Suite A and 68370 Clinton Street, Suite B, each located in New Paris, Indiana; 1111 N. Ronald Reagan Parkway in Avon, Indiana; 1000 South Main Street in Tipton, Indiana; 2209 John R. Wooden Drive in Martinsville, Indiana; 1101 O'Connor Boulevard and 720 South Sixth Street each located in Monticello, Indiana; 601 West Second Street, 605 West Second Street, 2620 Cota Drive, 393 East Miller Drive, 888 Auto Mall Road, 3443 West Third Street, and 2920 McIntire Drive all located in Bloomington, Indiana; 642 West Hospital Road in Paoli, Indiana; 5165 McCarty Lane and property southeast of the intersection of McCarty Lane and Veterans Memorial Parkway, West of I-65, each located in Lafayette, Indiana; 13000 East 136th Street in Fishers, Indiana; 2200 Forest Ridge Park, Suite 120 in New Castle, Indiana; 349 West First Street in Albany, Indiana; 1809 South Main Street in Upland, Indiana; 1420 South Pilgrim Boulevard in Yorktown, Indiana; and 410 Pilgrim Boulevard and 400 Pilgrim Boulevard each located in Hartford City, Indiana (collectively the "Projects"). The Projects financed or refinanced with the proceeds of the Bonds are or will be owned and operated by the Corporation or related healthcare corporations and constitute "health facility property" within the meaning of Indiana Code 5-1-16. The Bonds will be issued by the Authority pursuant to Indiana Code Sections 4-4-10.9 and 11 and Indiana Code Section 5-1-16 et. seq., as supplemented, and a resolution proposed for adoption by the members of the Authority. The proceeds of the issuance of the Bonds and of the reissuance of a portion of the Prior Bonds will be used to finance and refinance the Projects and fund related costs. The Bonds will be issued as tax exempt qualified 501(c)(3) bonds under Section 145 of the Internal Revenue Code of 1986, as amended. The Bonds and the reissued Prior Bonds will not be in any respect general obligations of the Authority, the State of Indiana, or any political subdivision thereof, but will be special, limited obligations of the Authority as the principal of, premium, if any, and interest on the Bonds and the reissued Prior Bonds will be payable solely from the revenues and receipts derived from the repayment of the loan by the Corporation. The Bonds and the reissued Prior Bonds will not be payable in any manner from revenues raised by taxation. The Bonds and the reissued Prior Bonds shall not constitute a debt, liability or obligation of the Authority, the State of Indiana or any political subdivision thereof, or a pledge of the faith and credit or taxing power of any of them, and shall be payable only as aforesaid. The public hearing is being held pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended. The public is invited to comment on any of the matters herein noted, and all taxpayers, residents or interested parties who appear will be given a reasonable opportunity to express their views, both orally and in writing, on the Projects and the proposed plan of issuing the Bonds, reissuing the Prior Bonds and other matters relating to the Bonds and Prior Bonds. Written comments may also be submitted to the Authority through the Public Hearing Officer, One North Capitol, Suite 900, Indianapolis, Indiana 46204, and will be received until 5:00 p.m. on November 14, 2011. Dated this 28th day of October, 2011.
INDIANA FINANCE AUTHORITY By /s/ Cindy Herron Cindy Herron, Public Hearing Officer o28
