4152-1490-5414.2
CERTIFICATE OF PUBLICATION
This Certificate of Publication is delivered on the date set forth below for the purposes of demonstrating compliance with Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code") and applicable Treasury Regulations (the "Regulations"). The undersigned, as representative of the City of Fresno (the " City"), hereby certifies as follows:
1. A Notice of Public Hearing containing the language attached as Exhibit A (the "Notice") with respect to the plan of finance, the issuance of the bonds, notes or obligations (the "Bonds") and the project described therein (the "Project"), was published on the City's primary website address of https://www.fresno.gov on [_____ __], 2023.
2. The Notice was published in an area of the City's website which is used to inform residents within its geographical jurisdiction about public hearings to be held by the City affecting them and which is clearly identified and accessible to members of the general public seeking information concerning the plan of finance, the issuance of the Bonds and the Project.
3. Evidence of the website publication of the Notice is attached hereto as Exhibit B. The City will maintain records evidencing that the Notice was timely published as set forth in Sections 1 and 2 above for the period referred to in Section 4 below, and acknowledges it is responsible for maintaining such records.
4. The Notice remained continuously published on the City's website for the entire period of seven (7) or more days from the date of the original publication described in Section 1 above to the hearing date described in the Notice. The City held the hearing as described in the Notice on the date and at the time as described therein.
5. Following the hearing, the City approved of the issuance of the Bonds pursuant to a plan of finance for the Project as the applicable elected representative as required by Section 147(f) of the Code and the Regulations.
Dated this ___ of __________, 2023.
By: _____________________________
Name: __________________________
Title: ___________________________
4152-1490-5414.2
EXHIBIT A
NOTICE OF PUBLIC HEARING
4152-1490-5414.2
NOTICE OF PUBLIC HEARING
REGARDING ISSUANCE OF
CITY OF FRESNO AIRPORT REVENUE BONDS SERIES 2023
NOTICE IS HEREBY GIVEN that, at [ 10:00 a.m.], or as soon thereafter as the matter can be heard, on April 27, 2023, at the City Council Chambers, City Hall, 2nd Floor, 2600 Fresno Street, Fresno, California, the City Council of the City of Fresno (the “City”) will conduct a public hearing as required by Section 147(f) of the Internal Revenue Code of 1986 (the “Code”), at which it will hear and consider information concerning a proposed plan of financing providing for the issuance by the City of Fresno (the “City”) of exempt facility bonds for the purpose of financing various improvements at Fresno Yosemite International Airport (the “Airport”) pursuant to the Muni cipal Improvements Revenue Bond Law of the City, in one or more series issued from time to time, including bonds issued to refund such exempt facility bonds in one or more series from time to time, and at no time to exceed $110,000,000 in outstanding aggregate principal amount (the “Bonds”). The capital improvements to be financed and refinanced with proceeds of the Bonds (the “Project”) are and will be owned by the City and located at the Airport, which comprises approximately 1,728 acres , and is located approximately 7.5 miles north east of the downtown area of the City , with an address of 5175 E Clinton Way, Fresno, CA 93727. The Bonds are expected to be issued as exempt facility bonds for airport facilities pursuant to Section 142(a)(1) of the Code.
The Bonds and the obligation to pay principal of and interest thereon and any redemption premium with respect thereto do not constitute indebtedness or an obligation of the City, the State of California or any political subdivision thereof, within the meaning of any constitutional or statutory debt limitation, or a charge against the general credit or taxing powers of any of them. The Bonds shall be a limited obligation of the City, payable solely from certain revenues duly pledged therefor.
Those wishing to comment on the proposed financing or refinancing and the nature and location of the Project may either appear in person at the public hearing or submit written comments, which must be received by the City prior to the hearing. Additional information concerning the above matter may be obtained from, and written comments should be addressed to, City Clerk, City of Fresno, 2600 Fresno Street, Fresno, California 93721.
Dated: [_____ __], 2023
4152-1490-5414.2
EXHIBIT B
EVIDENCE OF PUBLICATION