Hospital Revenue Bonds Issue
NOTICE OF INTENT TO ISSUE HOSPITAL REFUNDING BONDS WITH GENERAL OBLIGATION PLEDGE OF SWIFT COUNTY
NOTICE IS HEREBY GIVEN that Swift County-Benson Hospital (the “Hospital District”) intends to issue Hospital Revenue Bonds (the “Bonds”), in a principal amount of not to exceed $6,250,000, pursuant to Minnesota Laws 1992, Ch. 534, Sections 6 to 20 (the “Act”). The proceeds of the Bonds will be used to refund the outstanding Hospital Revenue Bonds (Swift County General Obligation), Series 2007 of the Hospital District. If, within ten days of the date of publication of this notice, a petition asking for an election on the proposition of issuing the bonds signed by voters equal to ten percent of the number of votes at the late regular election is filed with the undersigned Secretary, the bonds may not be issued unless approved by a majority of the electors voting on the question at a legal election.
Dated: July 17th, 2014
Swift County-Benson Hospital