NOTICE OF PUBLIC HEARING
The Toledo-Lucas County Port Authority (the
“Authority”) will hold a public hearing on behalf of
itself, and Lucas County, Ohio (“Lucas County”) and
Wood County, Ohio (“Wood County” and, together with
Lucas County, the “Counties”) at 10:00 a.m. local time
on November 23, 2026, with respect to the issuance by the Authority
of its Multifamily Housing Revenue Bonds, Series 2026 (Silver Birch
of Bowling Green Project), in one or more series pursuant to a plan
of finance (the “Bonds”), with a maximum aggregate
principal amount not to exceed $28,000,000, the proceeds of the
sale thereof to be used by the Authority to acquire, construct,
equip, install, furnish, improve and develop a 120-unit multifamily
residential rental assisted living facility for seniors, together
with ancillary and subordinate facilities on approximately 21.4
acres of vacant land located southeast of the intersection between
South Dunbridge Road and Expressway Drive with a street address of
221 South Dunbridge Road, within Wood County, Ohio, in the City of
Bowling Green (the “City”), to be known as Silver Birch
of Bowling Green (the “Project”) to be leased to and
operated by Bowling Green AAL LP, a Delaware limited partnership,
or an affiliate thereof (the “Lessee”) and to the
extent permitted, paying certain costs of issuance, paying
capitalized interest and funding debt service reserve funds, if
necessary. The Bonds will be issued pursuant to the provisions of
Sections 13 and 16 of Article VIII of the Ohio Constitution and
Sections 4582.01 through 4582.20 of the Ohio Revised Code
(collectively, the “Act”), and pursuant to the Act will
not constitute a debt, liability or obligation of the Counties, the
City, the Authority, the State of Ohio (the “State”) or
a pledge of the faith and credit of the City, the Counties, the
Authority or the State, but shall be payable solely from the funds
pledged to the payment thereof. A substantial portion of the Bonds
are expected to be issued as “exempt facility bonds”
pursuant to Section 142 of the Internal Revenue Code of 1986, as
amended (the “Code”).
The public hearing will be held at the offices of the
Authority, located at One Maritime Plaza, 7th Floor, Toledo, Ohio
43604. The public is invited to attend and comment on any of the
matters herein noted. Additionally, the public is invited to submit
written comments to the President of the Authority at the following
address: Toledo-Lucas County Port Authority, One Maritime Plaza,
7th Floor, Toledo, Ohio 43604, for receipt on or before 10:00 a.m.
on November 23, 2026. This public hearing is being held pursuant to
the provisions of Section 147 of the Code.
Dated: November 12, 2026
TOLEDO-LUCAS COUNTY PORT AUTHORITY
/s/ Thomas Winston
President
#681865
As published in The Blade.