Volume 44 - Issue 35 - August 28, 2025
State of Kansas
Kansas Development Finance Authority
Notice of Hearing
Notice is hereby given that the Kansas Development Finance Authority (“KDFA”) will hold a public hearing at 9:00 a.m. (Central Time) September 12, 2025, in the Conference Room in the office of KDFA, 534 S. Kansas Ave., Suite 800, Topeka, Kansas, regarding the proposed issuance by the Colorado Health Facilities Authority (“COHFA”) of certain revenue bonds (the “Bonds”), in a principal amount not to exceed $978,895,000 for the benefit of CommonSpirit Health (“CommonSpirit”), with up to $13,000,000 of the proceeds thereof to be used to finance or refinance certain projects located within the State of Kansas (the “Kansas Projects”) that are owned or operated by CommonSpirit, CommonSpirit Kansas, Inc. (f/k/a St. Catherine Hospital) and/or their affiliates or subsidiaries (collectively, the “Kansas Affiliates”).
The proceeds of the Bonds may be used to (a) finance, refinance, pay, or reimburse the costs of the projects described below for the Kansas Affiliates and additional projects in other jurisdictions (including in Colorado, Arizona, Georgia, Iowa, Minnesota, Nebraska, Ohio, Oregon, and Texas (collectively, the “Other Jurisdictions”)); (b) refinance all or a portion of (i) (A) a taxable loan that refinanced COHFA’s Revenue Bonds (CommonSpirit Health) Series 2019B-1 and (B) COHFA’s Revenue Bonds (CommonSpirit Health) Series 2019B-2, portions of which financed or refinanced the Kansas Projects for the benefit of the Kansas Affiliates and additional projects in the Other Jurisdictions and (ii) the Development Authority of Catoosa County Revenue Bonds (CHI Memorial Hospital – Georgia) Series 2025); (c) pay certain expenses incurred in connection with the issuance of the Bonds; and (d) fund a debt service reserve fund for, and/or capitalized interest on, all or any portion of the Bonds.
The Kansas Projects are owned or operated by CommonSpirit or the Kansas Affiliates. The Kansas Projects consist of the financing or refinancing in an amount up to $13,000,000 of the costs of the acquisition, construction, renovation, and installation of certain additions and improvements to and equipment of the St. Catherine Hospital campus, bordered generally by E. Walnut Street on the north, N. 4th Street on the east, E. Spruce Street on the south and N. 6th Street on the west, and identified by various addresses including, but not limited to 401 E. Spruce St., Garden City, Kansas.
CommonSpirit reserves the right to allocate and reallocate the proceeds of Bonds to any of the locations set forth in this notice (and in the notice of public hearing for the Other Jurisdictions), notwithstanding the dollar amounts set forth herein or therein.
The bonds shall not represent or constitute a debt or pledge of the faith and credit or the taxing power of the state of Kansas.
Interested individuals may participate in the public hearing in person or via conference call. Please call toll-free at 844-621-3956 and use access code 145 880 8929 followed by # to join the hearing.
The public hearing is required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”). Any person who wishes to express an opinion regarding the Kansas Projects, either orally or in writing, will be given the opportunity to do so at the public hearing at the above-stated time and place. Following the public hearing, KDFA will be asked to give its approval pursuant to Section 147(f) of the Code, as the applicable elected officials of the governmental unit having within its jurisdiction the above-described Kansas Projects.
Rebecca Floyd
President
Kansas Development Finance Authority
Doc. No. 053425
