Notice is hereby given that on Tuesday, October 8, 2024, a public hearing will be held by the Columbus Regional Airport Authority (the “Authority”), commencing at 10:00 a.m. Eastern Time via tollfree teleconference, with respect to the proposed issuance by the Authority of one or more series, pursuant to a plan of finance, of its Airport Revenue Bonds, Series 2025A (AMT) (the “Series 2025A Bonds”), in a maximum aggregate principal amount of $2,000,000,000, to assist in paying costs of the acquisition, construction, improving and equipping of “port authority facilities,” as defined in Section 4582.21, Ohio Revised Code (the “Project”).
The Series 2025A Bonds will be issued as exempt facility airport bonds under Section 142(a)(1) of the Internal Revenue Code of 1986, as amended. The proceeds of the Series 2025A Bonds will be used, together with other available funds, to (a) pay the Costs of Authority Facilities as defined in Chapter 4582 of the Ohio Revised Code, (b) fund capitalized interest, and (c) pay any costs of issuance.
The net proceeds of the Series 2025A Bonds after the payment of the costs of issuance thereof, combined with other available funds to the Issuer, will be used by the Authority for various Authority Facilities located at John Glenn Columbus International Airport in Columbus, Ohio. All of the foregoing Authority Facilities will be owned and operated by the Authority.
The Series 2025A Bonds are special obligations of the Authority, payable solely from and secured by moneys pledged under the master trust indenture. The Series 2025A Bonds and the interest thereon do not constitute a debt or pledge of the faith and credit of the Authority, or the State of Ohio or any political subdivision thereof, and holders or owners of the Series 2025A Bonds have no right to have taxes levied by the Authority, or the State or any political subdivision thereof.
Persons wishing to express their views on the proposed Series 2025A Bonds and the Project to be financed by the Series 2025A Bonds may participate in the hearing by teleconference or may submit their views in writing. The teleconference may be accessed by dialing the toll-free number 1-213-463-4500, followed by the access code 644871866. Any written submissions should be sent to the Issuer at 4600 International Gateway, Columbus, Ohio 43219, to the attention of the undersigned, and clearly marked “Re: Proposed $2,000,000,000 Columbus Regional Airport Authority Airport Revenue Bonds, Series 2025A (AMT)”. Written submissions should be mailed in sufficient time to be received on or before the aforesaid hearing date.
