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Bond Issues in Progress

Mary Wade Home Issue, Series A
Anticipated CHEFA Board Approval
Bond proceeds will finance the construction of a new healthcare building consisting of 50 residential care units (relocating 45 units from an existing building and adding 5 new units), 20 assisted living units and 20 memory suport assisted living units.  In addition, proceeds will be used to refinance existing bank debt in the amount of approximately $10.8 million.
Herbert J. Sims & Co., Inc.