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Public Notices

MEETING NOTICE

WEST VIRGINIA HOSPITAL FINANCE AUTHORITY
SPECIAL BOARD MEETING
August 11, 2026
12:00 Noon

Notice is hereby given that the West Virginia Hospital Finance Board of the West Virginia Hospital Finance Authority (the “Authority”) will conduct a special meeting on Tuesday, August 11, 2026, at 12:00 noon in Conference Room 4Q at the law offices of Bowles Rice LLP, 600 Quarrier Street, Charleston, West Virginia. Members of the public may join the meeting in person by attending at the time and place noted above or by teleconference, Toll Free dial in number 888-475-4499, Meeting ID 820 1229 4745, Passcode 707044.

The purposes for which this meeting is being held and the agenda for the meeting will include the following items:

  1. Call to Order.
  2. Reading and Approval of Minutes of prior meeting(s).
  3. Election of Secretary-Treasurer.
  4. The Board of the Authority will conduct a TEFRA Hearing pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the proposed issuance by the Authority of its Hospital Revenue Refunding and Improvement Bonds (Marshall Health Network Obligated Group), in an aggregate principal amount not to exceed $110,000,000 (the “Bonds”), the proceeds of which Bonds will be loaned to Marshall Health Network, Inc., a West Virginia nonprofit corporation (the “Corporation”), as obligated group agent (the “Obligated Group Agent”), on behalf of the Marshall Health Network Obligated Group, which, on the date of the issuance of the Bonds, will consist of (i) the Corporation, (ii) Cabell Huntington Hospital Inc., a West Virginia nonprofit corporation (“Cabell”), and (iii) St. Mary’s Medical Center, Inc., a West Virginia nonprofit corporation (“St. Mary’s”) (each a “Member,” and, collectively, the “Obligated Group”), and used to: (a) finance the costs of currently refunding the Issuer’s outstanding (i) Hospital Revenue Refunding Bonds (Cabell Huntington Hospital, Inc.), Series 2008 A, issued in the original aggregate principal amount of $48,480,000, and (ii) Hospital Revenue Refunding Bonds (Cabell Huntington Hospital, Inc.), Series 2008 B, issued in the original aggregate principal amount of $48,475,000; (b) finance or reimburse, as applicable, all or a portion of the costs of the design, acquisition, construction, improvement, alteration, equipping, and installation, as applicable, of capital expenditures of Cabell, St. Mary’s and Pleasant Valley Hospital, Inc. d/b/a Rivers Health (“Rivers Health”), as further described in that Notice of Public Hearing posted on the Secretary of State’s and Authority’s website on August 3, 2026; and (c) pay the costs of issuing the Bonds and related costs.
  5. Following the public hearing, the Board will then consider and act upon a Resolution approving the issuance of the Bonds for the purposes set forth in paragraph 4 above.
  6. Discussion of and possible action on BRIM Questionnaire.
  7. Discussion of and possible action on budgetary matters.
  8. Discussion of possible upcoming bond issues of the Authority.

NOTICE OF PUBLIC HEARING

Notice is hereby given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”) that on Tuesday, August 11, 2026, a public hearing will be held in Conference Room 4Q at the law offices of Bowles Rice LLP, 600 Quarrier Street, Charleston, WV 25301, and by teleconference, Toll Free dial in number: 1-888-475-4499, Meeting ID: 820 1229 4745, Password: 707044, commencing at 12:00 Noon, local time, with respect to the proposed issuance by the West Virginia Hospital Finance Authority (the “Issuer”) of qualified 501(c)(3) bonds as defined in Section 145 of the Code and as described below.

The Issuer intends to issue its Hospital Revenue Refunding and Improvement Bonds (Marshall Health Network Obligated Group), in one or more series, on a taxable or tax-exempt basis, and in an original aggregate principal amount not to exceed $110,000,000 (the “Bonds”), the proceeds of which will be loaned to Marshall Health Network, Inc., a West Virginia nonprofit corporation (the “Corporation”), as obligated group agent (the “Obligated Group Agent”) on behalf of the Marshall Health Network Obligated Group, which on the date of the issuance of the Bonds will consist of (i) the Corporation, (ii) Cabell Huntington Hospital Inc., a West Virginia nonprofit corporation (“Cabell”) and (iii) St. Mary’s Medical Center, Inc., a West Virginia nonprofit corporation (“St. Mary’s”) (each a “Member,” and collectively, the “Obligated Group”), and used to:

(A) currently refund the Issuer’s outstanding (i) Hospital Revenue Refunding Bonds (Cabell Huntington Hospital, Inc.), Series 2008 A, issued in the original aggregate principal amount of $48,480,000, and (ii) Hospital Revenue Refunding Bonds (Cabell Huntington Hospital, Inc.), Series 2008 B, issued in the original aggregate principal amount of $48,475,000 (together, the “Bonds to be Refunded”).

The proceeds of the Bonds to be Refunded were used to (i) currently refund a portion of Cabell’s then-outstanding indebtedness (the “2004 Refunded Bonds”), the proceeds of such 2004 Refunded Bonds having been used to (a) refund certain prior indebtedness of Cabell, the proceeds of which were used to finance the costs of acquisition and construction of certain improvements to the Cabell, including a dialysis center, a three-story addition to house an expanded Central Sterile and Storage/Receiving Department, shell space for future expansion of services, and a new surgical suite, renovation and relocation of surgical support services, and acquisition of certain equipment for Cabell, all located at 1340 Hal Greer Boulevard, Huntington, WV 25701, and operated by Cabell; (b) finance the costs of acquisition and construction of the patient tower located at the Cabell Huntington Hospital campus and of acquisition of certain equipment for Cabell, all located at 1340 Hal Greer Boulevard, Huntington, WV 25701, and operated by Cabell, including through the reimbursement of certain capital expenditures previously made therefor, (c) capitalizing interest on a portion of the 2004 Refunded Bonds, during and for a reasonable period of time after construction of the afore-mentioned improvements; (d) fund a debt service reserve fund for the 2004 Refunded Bonds; and (e) pay the costs of issuing the 2004 Refunded Bonds; and (ii) pay the costs of issuing the Bonds to be Refunded.

(B) finance or reimburse all or a portion of the costs of design, acquisition, construction, improvement, alteration, equipping, and installation, as applicable, of capital expenditures for the following Hospital Facilities (as defined in Chapter 16, Article 29A of the Code of West Virginia of 1931, as amended):

  1. on behalf of Cabell, equipment and improvements related to the radiology department, the respiratory therapy department, and the radiologic oncology department, to be located at the Cabell Huntington Hospital campus at 1340 Hal Greer Boulevard, Huntington, West Virginia, 25701 and 1400 Hal Greer Boulevard, Huntington, West Virginia, 25701, and at the Marshall Health-Teays Valley outpatient clinic, at 300 Corporate Center Drive, Scott Depot, West Virginia 25560, all operated by Cabell, in a principal amount not to exceed $23,000,000;
  1. on behalf of St. Mary’s, equipment and improvements related to replacement of beds and stretchers, the radiology department, the respiratory therapy department, the cardiac unit, the surgical unit, the cardiac cath unit, and the pharmacy, to be located on the St. Mary’s Medical Center campus at 2900 1st Avenue, Huntington, West Virginia 25702, and Huntington Internal Medicine Group outpatient clinic, 3075 U.S Route 60, Huntington, WV 25705, all operated by St. Mary’s, in a principal amount not to exceed $25,500,000; and
  1. on behalf of Pleasant Valley Hospital, Inc. d/b/a Rivers Health (“Rivers Health”), equipment and improvements to the radiology and respiratory therapy departments, to be located on the River’s Health campus at 2520 Valley Drive, Point Pleasant, West Virginia 25550, operated by Rivers Health, in a principal amount not to exceed $2,500,000;

(C) Pay costs of issuing the Bonds and related costs.

The Bonds will be special obligations of the Issuer and pursuant to the Act, will not constitute a debt or a pledge of the faith and credit of the Issuer or a pledge of the faith and credit or taxing power of the State of West Virginia or any political subdivision thereof. Persons wishing to express their views on the proposed issuance of the Bonds may appear at the hearing or may submit their views in writing regarding the proposed issuance of the Bonds and the nature of the projects to be financed therewith. Any written submissions should be sent to the West Virginia Hospital Finance Authority, Box 2B, Albert T. Summers Center, 1124 Smith Street, Charleston, WV 25301, Attention: Chairman, and clearly marked “Re: West Virginia Hospital Finance Authority’s Hospital Revenue Refunding and Improvement Bonds (Marshall Health Network Obligated Group).” Written submissions should be mailed in sufficient time to be received before Tuesday, August 11, 2026.

The State of West Virginia acting by and through the West Virginia Hospital Finance Authority, James R. Christie, Chairman.

Copyright 2026 by West Virginia Hospital Finance Authority