NOTICE OF PUBLIC HEARING
AND PUBLIC MEETING
OF THE CITY OF ST. PETERSBURG HEALTH FACILITIES AUTHORITY
NOTICE IS HEREBY GIVEN that a public hearing and meeting will be held on the 21st day of October, 2025 at 1:00 p.m. in Room 100 of City Hall of the City of St. Petersburg located at 175 5th Street North, St. Petersburg, Florida 33701 by the City of St. Petersburg Health Facilities Authority (“SPHFA”) relating to the issuance by Maryland Health and Higher Educational Facilities Authority (the “Issuer”) of the Issuer’s Revenue Bonds, The Johns Hopkins Health System Issue, Series 2025, pursuant to a plan of finance described herein in one or more installments or series in an aggregate principal amount not to exceed $70,000,000 (collectively, the “Bonds”) for the purpose of financing and refinancing (including through reimbursement): the financing and refinancing of the acquisition, construction, expansion, renovation or equipping on the Johns Hopkins All Children’s Hospital campus located at 501 6th Avenue South, St. Petersburg, Florida 33701 of (1) pathway expansion for the emergency department, providing space for general and behavioral emergent care; (2) expansion of the current surgery platform; (3) the addition of a permanent interior MRI to the imaging department; and (4) the replacement of the steam line running from the All Children’s Hospital central plant to the main hospital (the “Project”). The Bonds will be qualified 501(c)(3) bonds as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”). The Bonds will be issued for the benefit of The Johns Hopkins Health System Corporation, a nonprofit corporation (the “Corporation”). Johns Hopkins All Children’s Hospital, Inc. is the initial legal owner and principal user of the Project. It is the intention of the Corporation and the Issuer that the first series of Bonds will be issued no later than one year from the date of approval of the plan of finance described herein.

The Bonds and the interest thereon will be limited obligations of the Issuer payable solely from (i) loan payments to be made by the Corporation and (ii) other moneys pledged therefor under the financing documents for the Bonds. The Bonds will not constitute a general indebtedness or a charge against the general credit of the Issuer. Neither the faith nor credit of the Issuer, the City of St. Petersburg, Florida, the SPHFA, the State of Florida, or any political subdivision or municipality thereof, will be pledged to the payment of the principal of or interest on the Bonds and the Bonds shall not constitute a debt, liability or obligation of the Issuer, the City of St. Petersburg, Florida, the SPHFA, the State of Florida, or any political subdivision or municipality thereof. Neither the Issuer nor the SPHFA has taxing power.

The public hearing held by the SPHFA is required by Section 147(f) of the Code. Any person interested in the proposed issuance of the Bonds may be heard as described below. Subsequent to the public hearing, the City Council of the City of St. Petersburg, Florida (the “Council”) will consider whether to approve the issuance of the Bonds, as required by Section 147(f) of the Code.

The public hearing held by the SPHFA will be conducted in a manner that provides a reasonable opportunity to be heard for persons with differing views on the issuance of the Bonds. All interested persons are invited to attend this hearing and, either personally or through their representative, present oral or written comments and discussion concerning the proposed issuance of the Bonds for the Project, particularly the Facilities located in the City of St. Petersburg. Written comments or questions for the SPHFA’s consideration may be submitted to the City of St. Petersburg Health Facilities Authority, c/o City Attorney’s Office, One Fourth Street North, 10th Floor, St. Petersburg, Florida 33701.
If you are a person with a disability who needs an accommodation in order to participate in this meeting or have any questions, please contact the City Clerk’s Office at (727) 893-7448. If you are deaf/hard of hearing and require the services of an interpreter, please call our TDD number, (727) 892-5259, or the Florida Relay Service at 711, as soon as possible. The City requests at least 72 hours advance notice, prior to the scheduled meeting, for accommodations.
Comments made at the hearing and the meeting are for the consideration of the Council and the SPHFA, and will not bind any legal action to be taken by the Council or the SPHFA in connection with the consideration and approval of the financing and the issuance of the Bonds. IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE SPHFA WITH RESPECT TO ANY MATTER CONSIDERED AT SUCH HEARING OR MEETING, SUCH PERSON WILL NEED A RECORD OF THE PROCEEDINGS AND, FOR SUCH PURPOSE, SUCH PERSON WILL NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED.
DATED: October 12, 2025.
By: CITY OF ST. PETERSBURG HEALTH
FACILITIES AUTHORITY
10/12/25 59915