HomeMy WebLinkAbout20010239.tiff RESOLUTION
RE: APPROVE SIXTH SUPPLEMENTAL LEASE BETWEEN COLORADO HEALTH
FACILITIES AUTHORITY AND BOARD OF TRUSTEES FOR NORTH COLORADO
MEDICAL CENTER AND APPROVAL OF ACKNOWLEDGMENT AND AGREEMENT
RELATING TO SUBSTITUTE BOND PURCHASE AGREEMENT, COLORADO HEALTH
FACILITIES AUTHORITY VARIABLE RATE DEMAND HOSPITAL REVENUE BONDS,
SERIES 1990 AND AUTHORIZE CHAIRMAN TO SIGN
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS,the Board has been presented with the Sixth Supplemental Lease between the
Colorado Health Facilities Authority, as lessor, and the Board of Trustees for North Colorado
Medical Center, as lessee, and Acknowledgment and Agreement Relating to Substitute Bond
Purchase Agreement, Colorado Health Facilities Authority Variable Rate Demand Hospital
Revenue Bonds, Series 1990, with terms and conditions being as stated in said documents, and
WHEREAS, after review, the Board deems it advisable to approve said Supplemental
Lease, and Acknowledgment and Agreement, copies of which are attached hereto and
incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the Sixth Supplemental Lease between the Colorado Health Facilities
Authority and the Board of Trustees for North Colorado Medical Center and approval of
Acknowledgment and Agreement Relating to Substitute Bond Purchase Agreement, Colorado
Health Facilities Authority Variable Rate Demand Hospital Revenue Bonds, Series 1990, be, and
hereby are, approved.
BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to
sign said documents.
2001-0239
HS0008
RE: SIXTH SUPPLEMENTAL LEASE AND ACKNOWLEDGMENT AND AGREEMENT- BOARD
OF TRUSTEES FOR NORTH COLORADO MEDICAL CENTER
PAGE 2
The above and foregoing Resolution was,on motion duly made and seconded, adopted by
the following vote on the 24th day of January, A.D., 2001.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: L /Oa. al% f7< C
�\ E_ w J. eile, Chair
Weld County Clerk to the Bo.,� AO,
Sall USED
1 ;�� �eJ�nn Vaad, Pro-Tern
.iu
BY: i//t. ! = � a."' 44
Deputy Clerk to the Boars`®ry 711, M '
= �e i H. Jerke
r
APPFF ED AS TO RM: � cci r� cr
D vid E. Lon
unty Attorney
Robert D. Masden
2001-0239
HS0008
I PIIJ&W DRAFT
I 01/19/01
SIXTH SUPPLEMENTAL LEASE
between
COLORADO HEALTH FACILITIES AUTHORITY,
as Lessor
and
BOARD OF TRUSTEES FOR
NORTH COLORADO MEDICAL CENTER
as Lessee
Dated as of January 1, 2001
6200/- (R39
NY/SIXTHSUP.WPD 320936.3 to 320936.2
THIS SIXTH SUPPLEMENTAL LEASE,dated as ofJanuary 1,2001 (this
"Sixth Supplemental Lease"), between the COLORADO HEALTH FACILITIES
AUTHORITY,a body politic and corporate and an instrumentality of the State of Colorado
(the "Authority"), as Lessor, and the BOARD OF TRUSTEES FOR NORTH
COLORADO MEDICAL CENTER,a body corporate,created and appointed by the Board
of County Commissioners of Weld County pursuant to authority vested in the County by Part
3,Article 3 of Title 25, Colorado Revised Statutes(the"Hospital"),as Lessee, supplements
and amends that certain Lease,dated as of December 1, 1985,between the Authority and the
Hospital and accepted and approved by Weld County,Colorado(the"County"),as amended
and supplemented by an Agreement, dated April 27, 1988 (the "Agreement") among the
Authority, the Hospital, the County, the hereinafter defined Trustee and North Colorado
Medical Center,Inc.(now known as NCMC,Inc.)(the"Corporation"),a First Supplemental
Lease, dated as of November 1, 1990,between the Authority and the Hospital and accepted
and approved by the County, a Second Supplemental Lease,dated as of November 1, 1990,
between the Authority and the Hospital and accepted and approved by the County, a Third
Supplemental Lease, dated as of January 15, 1993, between the Authority and the Hospital
and accepted and approved by the County, a Fourth Supplemental Lease, dated as of
December 1, 1994, between the Authority and the Hospital and accepted and approved by
the County and a Fifth Supplemental Lease, dated as of November 1, 1999, between the
Authority and the Hospital and accepted and approved by the County (collectively, the
"Original Lease") (the Original Lease, this Sixth Supplemental Lease and any amendments
and supplements thereto and hereto are collectively referred to herein as the "Lease").
RECITALS
WHEREAS, the Authority is a body politic and corporate of the State of
Colorado created under the Colorado Health Facilities Authority Act,Article 25 of Title 25,
Colorado Revised Statutes; and
WHEREAS,the Authority has previously issued its Variable Rate Demand
Hospital Bonds(North Colorado Medical Center) Series 1990 (the"Series 1990 Bonds")in
the aggregate original principal amount of$42,800,000,its Hospital Revenue Bonds(North
Colorado Medical Center) Series 1993 (the "Series 1993 Bonds") in the aggregate original
principal amount of$62,960,000, and its Hospital Improvement Revenue Bonds (NCMC,
Inc. Project) Series 1999 (the "Series 1999 Bonds") in the aggregate original principal
amount of $52,445,000, pursuant to a Trust Indenture, dated as of December 1, 1985,
between the Authority and Wells Fargo Bank West,N.A.,successor in trust to Norwest Bank
Colorado, National Association, Norwest Bank Denver, N.A., United Bank of Denver
National Association and Intra West Bank of Greeley, N.A., as trustee (the "Trustee"), as
amended and supplemented by a First Supplemental Trust Indenture,dated as of November
1, 1990, between the Authority and the Trustee, a Second Supplemental Trust Indenture,
dated as of November 1, 1990,between the Authority and the Trustee,a Third Supplemental
Trust Indenture, dated as of January 15, 1993, between the Authority and the Trustee, a
NY/SIXTHSUP.WPC, 320936.3 to 320936.2
Fourth Supplemental Trust Indenture,dated as of December 1, 1994,between the Authority
and the Trustee, a Fifth Supplemental Trust Indenture, dated as of November 1, 1999,
between the Authority and the Trustee and a Sixth Supplemental Trust Indenture, dated as
of January 1,2001,between the Authority and the Trustee(collectively,the"Indenture");and
WHEREAS, in connection with the Series 1990 Bonds, the Series 1993
Bonds and the Series 1999 Bonds,the Authority and the Hospital, with the approval of the
County, previously entered into the Original Lease; and
WHEREAS, Section 10.01 of the Indenture provides that the Lease may be
amended, changed or modified, with the consent of the County, the Trustee, the bond
insurers that issued municipal bond insurance policies with respect to the Series 1990 Bonds,
the Series 1993 Bonds and the Series 1999 Bonds and the bank that is a party to the standby
bond purchase agreement that supports the Series 1990 Bonds,but without the consent of the
owners of any of the Series 1990 Bonds,the Series 1993 Bonds and the Series 1999 Bonds,
for the purpose of curing any ambiguity or formal defect or omission or in connection with
any other change which, in the judgment of the Trustee and the Authority, is not to the
prejudice of the Trustee or the owners of the Series 1990 Bonds,the Series 1993 Bonds and
the Series 1999 Bonds; and
WHEREAS,the Authority and the Hospital have received the consent of the
County,the Trustee, such bond insurers and such bank to the execution and delivery of this
Sixth Supplemental Lease;
NOW, THEREFORE, THIS SIXTH SUPPLEMENTAL LEASE,
WITNESSETH:
ARTICLE I
DEFINITIONS
All capitalized terms used in this Sixth Supplemental Lease and not defined
herein shall have the meanings assigned to them in the Indenture.
NY/SIXTHSUP.WPD -3- 320936.3 to 320936.2
ARTICLE II
AMENDMENT TO THE ORIGINAL LEASE
Section 2.01 Amendment to Section 8.11 of the Lease.
(a) Paragraph(a)of Section 8.11 of the Lease is hereby amended to read
in its entirety as follows:
(a) The Hospital agrees that it shall exercise its best efforts to maintain
the Standby Bond Purchase Agreement or a substitute Standby Bond Purchase
Agreement in an amount equal to the sum of the aggregage principal amount of
Outstanding Series 1990 Bonds and thirty-seven(37)days'interest thereon at the rate
of fifteen percent(15%)per annum. The Hospital covenants that it will not terminate
the Standby Bond Purchase Agreement or any substitute Standby Bond Purchase
Agreement without at least sixty(60)days'written notice to the Trustee and,so long
as the Bond Insurance Policy is in effect and MBIA is not in default thereunder, only
with the consent of MBIA(and compliance with paragraph(d)of this Section 8.11).
(b) Paragraph(d)of Section 8.11 of the Lease is hereby amended to read
in its entirety as follows:
(d) Subject to the restrictions contained in the Standby Bond Purchase
Agreement, at any time the Hospital may, at its option, furnish a substitute Standby
Bond Purchase Agreement; provided, however, that so long as the Bond Insurance
Policy is in effect and MBIA is not in default thereunder, the furnishing of a
substitute Standby Bond Purchase Agreement shall be made only with the consent
of MBIA. Any substitute Standby Bond Purchase Agreement shall be a facility
provided by a commercial bank or other financial institution and shall contain terms
which are no less favorable to the Bondowners in any material respects to those
contained in the original Standby Bond Purchase Agreement, and shall have a term
not shorter than one year. On or prior to the date of the delivery of a substitute
Standby Bond Purchase Agreement, the Hospital shall furnish to the Trustee and
MBIA (i) an opinion of counsel to the effect that the furnishing of such substitute
Standby Bond Purchase Agreement is authorized under this Lease and the Indenture
and complies with the terms hereof and thereof, (ii)written confirmation from S&P
or Moody's (or both), if such rating agency has a rating outstanding on the Series
1990 Bonds at such time, to the effect that such rating agency has reviewed the
proposed substitute Standby Bond Purchase Agreement and that,taking into account
the proposed substitute Standby Bond Purchase Agreement for the then-existing
Standby Bond Purchase Agreement,the ratings on the Series 1990 Bonds will not be
withdrawn or changed, or if they will be changed, the ratings to be in effect on the
NY/SIXTHSUP.WPD -4- 320936.3 to 320936.2
Series 1990 Bonds upon the effectiveness of the substitute Standby Bond Purchase
Agreement and (iii) the consent of MBIA.
Section 2.02 Amendment to Section 8.15 of the Original Lease. Section
8.15 of the Original Lease is hereby amended to read in its entirety as follows:
Section 8.15 Amendment of Standby Bond Purchase Agreement.
The Hospital covenants and agrees that it shall not amend or modify the Standby
Bond Purchase Agreement except with the consent of MBIA and the consent of the
Trustee (which consent is subject to the provisions of Section 8.01(q) of the
Indenture) and that it shall not terminate the Standby Bond Purchase Agreement
except in connection with obtaining a Substitute Standby Bond Purchase Agreement
or the redemption, refunding or conversion to Fixed Rate of all of the Series 1990
Bonds.
ARTICLE III
MISCELLANEOUS
Section 3.01 Third Party Beneficiary. Subject to the rights of the Bondholders
and the Authority,the Bond Insurer and the Bank shall each be a third party beneficiary of
the covenants and agreements of the parties in the Lease.
Section 3.02 Reaffirmation. Except for the provisions of the Original Lease
amended or otherwise changed hereby,the other covenants,warranties,representations and
provisions of the Original Lease are reaffirmed without change.
Section 3.03 Counterparts. This Sixth Supplemental Lease may be executed in
several counterparts,each of which shall be an original and all of which shall constitute but
one and the same instrument.
[The remainder of this page is intentionally left blank.]
NY/SIXTHSUP.WPD -5- 320936.3 to 320936.2
IN WITNESS WHEREOF, the parties hereto have caused this Sixth
Supplemental Lease to be duly executed by their duly authorized officers as of the date first
written above.
[SEAL] COLORADO HEALTH FACILITIES
AUTHORITY
Attest: By
Title: Member, Board of Directors
By
Title: Assistant Executive Director
[SEAL] BOARD OF TRUSTEES FOR NORTH
COLORADO MEDICAL CENTER
Attest: By
Title: President
By
Title: Vice President
NY/SIXTHSUP.WPD 320936.3 to 320936.2
STATE OF COLORADO )
) ss.
CITY AND COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this day of
January 2001 by and , as and , respectively, of the
Colorado Health Facilities Authority, a body politic.
Witness my hand and official seal.
[SEAL]
Notary Public
My Commission Expires:
STATE OF COLORADO )
) ss.
CITY AND COUNTY OF DENVER )
The foregoing instrument was acknowledged before me this day of
January 2001 by , as , and by , as of the
Board of Trustees for North Colorado Medical Center, a body corporate.
Witness my hand and official seal.
[SEAL]
Notary Public
My Commission Expires:
NY/SIXTHSUP WPD 320936.3 to 320936.2
The County hereby accepts and approves the foregoing Sixth Supplemental
Lease and affirms its obligations and representations under the Lease, and approves the
Hospital's entering into the Lease including the Sixth Supplemental Lease, and agrees to
perform and abide by the covenants and conditions thereof relating to the County and shall
cause the Hospital to perform and abide by the terms of the Lease including the Sixth
Supplemental Lease,and shall take no action which would prevent or hinder the performance
by the County or the Hospital of their respective obligations under the Lease including the
Sixth Supplemental Lease.
[SEAL] WELD COUNTY, COLORADO
Attest: ,a,t , �\` JE , RR''an, Board of County Commissioners
eile
• 1861
By /�I' t
Clerk to Board of County
NY/320936.2
The undersigned representative of Wells Fargo Bank West,N.A.,as the herein
described Trustee,hereby consents to the execution and delivery of this Sixth Supplemental
Lease by the Authority and the Hospital.
WELLS FARGO BANK WEST,N.A.,
as Trustee
By
Name:
Title:
NY/SIXTHSUP.WPD 320936.3 to 320936.2
The undersigned representative of MBIA Insurance Corporation,as one of the
herein described bond insurers, hereby consents to the execution and delivery of this Sixth
Supplemental Lease by the Authority and the Hospital.
MBIA INSURANCE CORPORATION
By
Name:
Title:
NY/SIXTHSUP.WPD 320936.3 to 320936.2
The undersigned representative of Financial Security Assurance Inc. as one
of the herein described bond insurers,hereby consents to the execution and delivery of this
Sixth Supplemental Lease by the Authority and the Hospital.
FINANCIAL SECURITY ASSURANCE INC.
By
Name:
Title:
NY/SIXTHSU P.W PD 320936.3 to 320936.2
The undersigned representative of Dexia Public Finance Bank, as the herein
described bank, hereby consents to the execution and delivery of this Sixth Supplemental
Lease by the Authority and the Hospital.
DEXIA PUBLIC FINANCE BANK,
acting through its New York Agency
By
Name: David Weinstein
Title: Vice President
NY/SIXTHSUP.WPD 320936.3 to 320936.2
COMPARISON OF FOOTERS
-FOOTER 1-
NY/
-FOOTER 2-
-2-
NY/SIXTHSUP.WPD -13- 320936.3 to 320936.2
This redlined draft, generated by CompareRite (TM) - The Instant Redliner, shows the
differences between -
original document : 320936 version 2
and revised document: 320936 version 3
CompareRite found 2 change(s) in the text
CompareRite found 0 change(s) in the notes
Deletions appear as Strikethrough text
Additions appear as Bold+Db1 Underline text
Acknowledgment and Agreement
COLORADO HEALTH FACILITIES AUTHORITY(the"Authority"),as the
issuer of the Colorado Health Facilities Authority Variable Rate Demand Hospital Itcv‘,11,...,
Bands Bonds (North Colorado Medical Center), Series 1990 (the "Series 1990 Bonds")
that are outstanding under the Trust Indenture, dated as of December 1, 1985, between the
Authority and the Trustee(as hereinafter defined),as supplemented and amended by the First
through Sixth Supplemental Trust Indentures dated as of, respectively,November 1, 1990,
November 1, 1990,January 15, 1993,December 1, 1994,November 1, 1999 and January 1,
2001 (as so supplemented and amended, the "Indenture"; all capitalized terms used herein
but not defined herein having the meanings stated in the Indenture or, if not defined therein,
the meanings stated in the Substitute Standby Bond Purchase Agreement (as hereinafter
defined)), WELLS FARGO BANK WEST,N.A., as successor trustee (the "Trustee") and
as successor tender agent (the "Tender Agent") under the Indenture, WELD COUNTY
COLORADO, as lessor under the Ground Lease, BOARD OF TRUSTEES FOR NORTH
COLORADO MEDICAL CENTER,as lessee under the Lease,NCMC,INC.,as lessee under
the Sublease and guarantor under the Guaranty,MERRILL LYNCH,PIERCE,FENNER&
SMITH INCORPORATED,as Remarketing Agent for the Series 1990 Bonds,and BANNER
HEALTH SYSTEM, as operator under the Operating Agreement and guarantor under the
Limited Guaranty, in connection with the entry by Dexia Public Finance Bank, acting
through its New York Agency (the "Substitute Bank"), into a Standby Bond Purchase
Agreement, dated as of January 1, 2001 (the "Substitute Standby Bond Purchase
Agreement"), among the Hospital,the Corporation,the Trustee and the Substitute Bank,to
provide liquidity support for the Series 1990 Bonds, hereby:
(i) acknowledge, for all purposes of the Indenture(and the other documents
relating to the Bonds),the substitution of the Substitute Standby Bond Purchase Agreement
for the Standby Bond Purchase Agreement, dated as of November 1, 1990, among the
Hospital, the Corporation, the Trustee and Credit Suisse First Boston, acting through its
New York Branch,to provide liquidity support for the Series 1990 Bonds; and
(ii) acknowledge and agree that, unless and until there shall be another
substitution in accordance with the Lease, (a) all references in the Indenture (and the other
documents relating to the Bonds) to the "Standby Bond Purchase Agreement" and the
"Bank" shall be references to the Substitute Standby Bond Purchase Agreement and the
Substitute Bank, respectively, and (b) the address of the "Bank" for notices shall be as
follows: Dexia Public Finance Bank,New York Agency,445 Park Avenue,7th Floor,New
York, New York 10022, Attention: Letter of Credit Department, Telecopy No. (212)
753-7522,with a copy to Dexia Public Finance Bank,New York Agency,445 Park Avenue,
8th Floor, New York, New York 10022, Attention: Vice President, Public Finance
Department, Telecopy No. (212) 753-5516 (or such other address as shall be specified in
writing by the Substitute Bank).
This Acknowledgment and Agreement may be executed by the different
parties hereto on one or more counterparts, each of which, when executed, shall be an
original and all of which, taken together will constitute the same instrument.
.2W/-O,239
NY/closingc.wptl 320934.2 to 320934.1
IN WITNESS WHEREOF, the undersigned have caused this
Acknowledgment and Agreement to be executed by their respective officers thereunto duly
authorized as of this day of January, 2001.
COLORADO HEALTH FACILITIES AUTHORITY
By
Name:
Title:
WELLS FARGO BANK WEST,N.A.,
as successor Trustee and as successor Tender Agent
By
Name:
Title:
Ilionm`
/ l`� LD COUNTY, COLORADO
/1 / /);- eti
ATTEST:
WELD COUNTY CLERK TOT B" I :: 10 pi ,
� ` ame: A. J. Geile
BY:dd„ZhO THE B ''''y l Title: Chair
.
DEPUTY CLERK T y �I
BOARD OF TRUSTEES FOR NORTH
COLORADO MEDICAL CENTER
By
Name:
Title:
NCMC, INC.
By
Name:
Title:
NY1320934.2
Title:
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By
Name:
Title:
BANNER HEALTH SYSTEM
By
Name:
Title:
320934.2 to 320934.1
NY/clasingtl.wptl
LAW OFFICES OF
PAUL, HASTINGS.JANOFSKY & WALKER LLP
600 PEACHTREE ST., N.E.,STE.2400 399 PARK AVENUE 345 CALIFORNIA STREET
ATLANTA, GEORGIA 30308-2222 SAN FRANCISCO,CALIFORNIA 94104-2635
TELEPHONE 14041815-2400 NEW YORK, NEW YORK 10022-4697 TELEPHONE 14151835-1600
695 TOWN CENTER DRIVE TELEPHONE 12121 316-6000 TOSS WASHINGTON BOULEVARD
COSTA MESA,CALIFORNIA 9 26 26-19 24 STAMFORD, CONNECTICUT 06901-2217
TELEPHONE 17141566-6200 FACSIMILE 12121 319-4090 TELEPHONE 12031961-7400
INTERNET WW W.PIIfW LO
TOWER 42 RI ARK MORI BUILDING
25 OLD BROAD STREET 12-32,AKASAKA I-GNOME
LONDON EC2N IHO ROBERT P HASTINGS 1191019961 MI NATO-KU,TOKYO 107.JAPAN
TELEPHONE 14411201 7562 4000 COUNSEL TELEPHONE 1031 3566-4711
LEE G PAUL
555 SOUTH FLOWER STREET `C HHARLES S N WALKER 1299 PENNSYLVANIA AVENUE, N.W.
LOS ANGELES,CALIFORNIA 90071-2371 WASHINGTON, D.C.20004.2400
TELEPHONE 12131 663-6000 TELEPHONE 12021 608-9500
January 22, 2001
WRITER'S DIRECT ACCESS OUR FILE NO,
(212) 318-6070 25640.00006
mrkahn@phjw.com
VIA FEDERAL EXPRESS
Lee Morrison Esq. 1I
Assistant County Counsel 1 .IAN 2 3 2001 1 j
�
Weld County, Colorado to
915 Tenth Street LINTY
Greeley, Colorado 80632 AOFFICE
Re: Dexia/NCMC
Dear Lee:
Enclosed herewith for signature on behalf of Weld County are the signature pages
to the documents required to be signed by Weld County in connection with the substitution of the
Dexia Standby Bond Purchase Agreement.
Please ensure that all of the enclosures are (i)properly signed and left undated,
and (ii) returned to me (at the address indicated above),by reliable air courier in sufficient time
to ensure arrival on Wednesday, January 24, 2001. Also, please check on the signature of the
documents sent to Bill Hughes' office for signature by the Board of Trustees for North Colorado
Medical Center.
Many thanks.
V truly yours,
Marguerite R. Kahn
of PAUL, HASTINGS, JANOFSKY & WALKER LLP
MRK:/ca
Enclosures
ADDITIONAL NEW YORK ADDRESS:
NY/321970.1 75 EAST 55TH STREET,NEW YORK,NEW YORK 10022-3205
NOTICE
Notice is hereby given that a Special Meeting of the Weld County Board of County
Commissioners will be held in the Chambers of the Board of County Commissioners of Weld
County, Colorado, Weld County Centennial Center, 915 10th Street, First Floor, Greeley,
Colorado, at the time specified.
DATE: January 24, 2001
TIME: 4:30 p.m.
SUBJECT: For the purpose of considering approval of the 6th Supplemental Lease between
the COLORADO HEALTH FACILITIES AUTHORITY, as Lessor, and the BOARD OF
TRUSTEES FOR NORTH COLORADO MEDICAL CENTER, as Lessee, and Acknowledgment
and Agreement Relating to Substitute Bond Purchase Agreement, COLORADO HEALTH
FACILITIES AUTHORITY Variable Rate Demand Hospital Revenue Bonds, Series 1990.
BOARD OF COUNTY COMMISSIONERS
WELD COU , COLORADO
J:Ae dJ;y:-esonne
NOTICE
Notice is hereby given that a Special Meeting of the Weld County Board of County
Commissioners will be held in the Chambers of the Board of County Commissioners of Weld
County, Colorado, Weld County Centennial Center, 915 10th Street, First Floor, Greeley,
Colorado, at the time specified.
DATE: January 24, 2001
TIME: 4:30 p.m.
SUBJECT: For the purpose of considering approval of the 6th Supplemental Lease between
the COLORADO HEALTH FACILITIES AUTHORITY, as Lessor, and the BOARD OF
TRUSTEES FOR NORTH COLORADO MEDICAL CENTER, as Lessee, and Acknowledgment
and Agreement Relating to Substitute Bond Purchase Agreement, COLORADO HEALTH
FACILITIES AUTHORITY Variable Rate Demand Hospital Revenue Bonds, Series 1990.
BOARD OF COUNTY COMMISSIONERS
WELD COU , COLORADO
/ %
1//ill
01/23/2001 TUE 17:43 [TX/RX N0 70451
`.o. Ut/ ' _ : 33 Ae cL.yersonne H l __8r 0 r c ^..'br -:-;a-
FAX TRANSMISSION
c � WELD COUNTY
W��P OFFICE OF THE CLERK TO THE BOARD
PO BOX 758
GREELEY, CO 80632
COLORAD FAX: 970-352-0242
COLORAC
PHONE: 970-356-4000, EXT. 4227
To: Glenn Vaad Date: January 23, 2001
Fax: 719-576-4186 Pages: 2, including cover page
From: Esther Gesiek, Deputy Clerk to the
Board
Subject: Notice of Special Meeting
COMMEN'T'S:
Commissioner Glenn Vaad will be attending the Family issues Conference.
Please hold for arrival.
coNIiDt:N I IA1.
'11ris filesindle it intended only trrr the title of 019 individual or entity to which it is grl{1rassed And may coma i infurrnptiun that is erlyilFxcil
confidential,and ezemnt[Pal]tl 000WIe tinder npplicnble law. If lie reader of this facsimile is not the intended recipient nor the employee or
ngenl responsible for delivering the facsimile to the intended teuipient.you are berohy notified dint any dissemination,distribution,or copying of
Ihis cunnvunieution is strictly prohibited. If you have received this communication in error,please notify us immediately by telephone End
return the original roasuuge to t,s aa the uhnvc address vin the I1.S. Postal Service. Thank you.
01/23/2001 TUE 17: 43 [TX/I2X NO 7045 !
Hello