Part I, Line A, Column (f) |
Improve and equip hospital facilities; Refund Series 1998Z Bonds (issued 12/22/1998); Refund Series 2002Q Bonds (issued 12/17/2002). |
PART I, LINE B, COLUMN (F) |
RENOVATIONS TO AND EQUIPMENT FOR HOSPITAL FACILITIES. |
Part II, Line 3, Column A |
Amount does not equal issue price due to investment earnings earned in the project fund during the project period. |
Part II, Line 3, Column B |
Amount does not equal issue price due to investment earnings earned in the project fund during the project period. |
Part II, Line 11, Column A |
This amount was expended to redeem the refunded bonds on May 1, 2012 and December 15, 2012. |
Part II, Line 12, Column B |
Amount represents $1,089,193 of Bond proceeds remaining in the project fund as of the fiscal year end. |
Part II, Line 13 and Line 16, Column B |
The project was completed after the fiscal year end. The Institution is in the process of completing the Final Allocation for the Bonds. |
Part II, Line 15, Column A |
The bond issue constitutes an "advance refunding issue" under U.S. Treasury Regs 1.150-1(d), but no bond that is part of the bond issue is an "advance refunding bond" under I.R.C. 149(d). The bonds were issued as a "draw-down loan" within meaning of U.S. Treasury Regs 1.150(1)(c)(4)(i). The first draw/advance on the bonds was made April 30, 2012 (i.e., the issue date of the bond issue), in part, to refund and redeem a prior series of 1998Z bonds on May 1, 2013; the second draw/advance on the Bonds was made December 14, 2012, in part, to refund and redeem a prior series of 2002Q bonds on December 15, 2012. Therefore, there are no advance refunding bonds, because no bond proceeds were used to pay debt service on a prior series of bonds more than 90 days after the issue date of that bond. |
Part III, Column A |
The bonds were issued for three separate purposes: (1) to currently refund a prior series of 1998Z bonds (issued December 22, 1998), (2) to currently refund a period series of 2002Q bonds (issued December 17, 2002) and (3) to finance new-money projects. In accordance with the Instructions for Schedule K (Form 990), the organization is completing this Part III (Private Business Use) only with respect to the portion of the bonds financing the new-money projects, because both prior series of refunded bonds were issued prior to January 1, 2003. |
Part IV, Line 2c, Column A |
Arbitrage Computation completed as of 1/1/2014. |