Denver Post, Notice is hereby given that the Executive Director of the Colorado Educational and Cultural Facilities Authority (the "Authority") will conduct a public hearing on October 8, 2014 (the "Public Hearing") concerning the approval of the plan of finance involving the making by the Authority of its Variable Rate Demand Revenue Tax-Exempt Loan (National Jewish Federation Bond Program) in one or more series in an aggregate principal amount not to exceed $14,500,000 (the "Loan"). The Public Hearing is a forum to discuss the making of the Loan to finance the plan of finance and the projects described below. Proceeds of the Loan will be loaned by the Authority to The Boulder Jewish Community Center, a Colorado nonprofit corporation and 501(c)(3) organization (the "Borrower"), for a plan of finance comprised of the following elements: (a) to finance or reimburse costs for the acquisition, construction and equipping of a 52,000 square foot Jewish community center on a 9-acre campus located at the corner of Arapahoe Avenue and Cherryvale Road in Boulder, Colorado; (b) to refinance a mortgage for the Borrower's property located at 3800 Kalmia Avenue, Boulder, Colorado 80308 which is the current location of the Jewish community center and school (the properties described in subsections (a) and (b) are hereinafter referred to as the "Facilities"); (c) to finance working capital and capitalized interest; and (d) to finance certain costs of the Loan (the "Project"). The Facilities will be owned and operated by the Borrower. The Loan and the interest thereon shall never constitute the debt or indebtedness of the Authority or any political subdivision of the State of Colorado (the "State") within the meaning of any provision of the Constitution of the State and shall not constitute nor give rise to a pecuniary liability or a charge against the general credit or taxing powers of the Authority or the State or any political subdivision of the State. All interested parties are invited to attend and present comments at the Public Hearing regarding the plan of finance, the Project and the making of the Loan. The Public Hearing on the plan of finance, the Project and the making of the Loan will be held on Wednesday, October 8, 2014 at 10:00 a.m., at the offices of the Authority located at 1981 Blake Street, Denver, Colorado 80202-1272. Written comments may also be submitted to the Authority at the Authority's address set forth above, until the date of the public hearing.
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