SCHEDULE K SUPPLENTAL INFORMATION |
IN JUNE 2016, OLC ISSUED $60,000,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, CONSISTING OF $30,000,000 SERIES 2016A AND $30,000,000 2016B. PROCEEDS WERE USED TO CURRENT REFUND $60,000,000 COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2006A (ISSUED JUNE 20, 2006). IN SEPTEMBER 2016, OLC ISSUED $32,130,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, CONSISTING OF $21,955,000 SERIES 2016C AND $10,175,000 2016D. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2002A, SERIES 2002B AND SERIES 2005A (ISSUED MARCH 31, 2005). IN SEPTEMBER 2017, OLC ISSUED $60,000,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, CONSISTING OF $38,750,000 SERIES 2017A AND $26,847,000 2017B. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2011 (ISSUED JUNE 30, 2011) AND SERIES 2016A (ISSUED JUNE 15, 2016). IN DECEMBER 2017, OLC ISSUED $12,260,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017C. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2005B (ISSUED MARCH 31, 2005). IN APRIL 2019, OLC ISSUED $25,000,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2019A. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2013B (ISSUED NOVEMBER 19, 2013). INVESTMENT EARNINGS FOR THE 2013A, 2016C AND 2020B BOND SERIES HAVE BEEN ADDED TO THE TOTAL PROCEEDS OF ISSUE LINE. IN JULY 2020, OLC ISSUED $21,415,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2020A. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2010A (ISSUED JUNE 30, 2010). IN SEPTEMBER 2020, OLC ISSUED $27,885,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2020B. THE PROCEEDS WILL BE USED TO FINANCE THE ACQUISITION, CONSTRUCTION AND INSTALLATION OF "HOSPITAL FACILITIES". IN APRIL 2022, OLC ISSUED $40,160,000 OF HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2022. PROCEEDS WERE USED TO CURRENT REFUND COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REVENUE BONDS SERIES 2013A (ISSUED NOVEMBER 19, 2013). |
PART I COLUMN 10 |
COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2016B (OPRS COMMUNITIES) (THE "SERIES 2016B BONDS"). DEEMED REISSUANCE OF $1,788,967.35 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2016B BONDS. NO CUSIP NUMBER. COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2016C AND 2016D (OPRS COMMUNITIES) (THE "SERIES 2016CD BONDS"). DEEMED REISSUANCE OF $764,478.51 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2016D BONDS. THE SERIES 2016D BONDS WERE ISSUED ON OCTOBER 27, 2016. CUSIP NUMBER 353180JW3. COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017A (OHIO LIVING COMMUNITIES) (THE "2017A BONDS") AND HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017B (OHIO LIVING COMMUNITIES) (THE "2017B BONDS AND TOGETHER WITH THE 2017A BONDS, THE "SERIES 2017AB BONDS"). DEEMED REISSUANCE OF $3,708,191.30 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2017AB BONDS. THE SERIES 2017AB BONDS WERE ISSUED ON SEPTEMBER 6, 2017. NO CUSIP NUMBER. COUNTY OF FRANKLIN, HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017C (OHIO LIVING COMMUNITIES) (THE "SERIES 2017C BONDS"). DEEMED REISSUANCE OF $1,102,898.37 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2017C BONDS. THE SERIES 2017C BONDS WERE ISSUED ON DECEMBER 21, 2017. NO CUSIP NUMBER. |
PART I COLUMN 11 |
THE SERIES 2016CD BONDS. DEEMED REISSUANCE OF $741,285.86 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2016CD BONDS. CUSIP NUMBER 353180JW3. |
PART II LINE 3 |
TO THE EXTENT THAT AMOUNTS ON LINE 3 EXCEED THE ISSUE PRICE OF ANY PARTICULAR ISSUE, SUCH EXCESS REPRESENTS INVESTMENT EARNINGS ON PROCEEDS OF SUCH ISSUE. |
PART II LINE 4 |
THE AMOUNT IN COLUMN 4 WAS REDUCED BY $98,178 TO ACCOUNT FOR THE AMOUNTS ALLOCABLE TO THE SERIES 2016D BONDS THAT WERE REISSUED. SUCH AMOUNTS ARE REFLECTED IN COLUMNS 10 AND 11. |
PART III COLUMN 10 |
ON JANUARY 31, 2020, OHIO LIVING COMMUNITIES ("OHIO LIVING") SOLD ONE OF ITS SENIOR LIVING FACILITIES, PARK VISTA ("PARK VISTA"), WHICH WAS FINANCED AND REFINANCED WITH PROCEEDS OF SEVERAL SERIES OF BONDS. IN CONNECTION WITH THE SALE OF PARK VISTA, OHIO LIVING EXERCISED THE REMEDIAL ACTIONS PROVIDED UNDER TREASURY REGULATIONS SECTION 1.141-12(D) AND (E). WITH RESPECT TO THE REMEDIAL ACTION EXERCISED UNDER TREASURY REGULATIONS SECTION 1.141-12(D) OHIO LIVING (I) DEFEASED $2,790,000 OF THE COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES IMPROVEMENT REVENUE BONDS, SERIES 2013A (OPRS COMMUNITIES) (THE "2013A BONDS") AND ESTABLISHED SUCH ESCROW ON APRIL 1, 2020 AND PROVIDED NOTICE OF SUCH DEFEASANCE TO THE INTERNAL REVENUE SERVICE ON JUNE 24, 2020, (II) REDEEMED $205,000 OF THE 2013A BONDS ON APRIL 1ST, 2020, (III) REDEEMED $726,020 OF THE COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2016D ON APRIL 1ST, 2020 AND (IV) REDEEMED $1,470,196 COUNTY OF FRANKLIN, OHIO HEALTHCARE REFUNDING REVENUE BONDS, SERIES 2019A ON APRIL 1ST, 2020. OHIO LIVING EXERCISED THE REMEDIAL ACTION PROVIDED UNDER TREASURY REGULATIONS SECTION 1.141-12(E), RESULTING IN A DEEMED REISSUANCE OF THE FOLLOWING ISSUES IN THE FOLLOWING AMOUNTS: COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017A (OHIO LIVING COMMUNITIES) (THE "2017A BONDS") AND HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017B (OHIO LIVING COMMUNITIES) (THE "2017B BONDS AND TOGETHER WITH THE 2017A BONDS, THE "SERIES 2017AB BONDS"). DEEMED REISSUANCE OF $3,708,191.30 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2017AB BONDS. COUNTY OF FRANKLIN, HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2017C (OHIO LIVING COMMUNITIES) (THE "SERIES 2017C BONDS"). DEEMED REISSUANCE OF $1,102,898.37 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2017C BONDS. COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES REFUNDING REVENUE BONDS, SERIES 2016C AND 2016D (OPRS COMMUNITIES) (THE "SERIES 2016CD BONDS"). DEEMED REISSUANCE OF $764,478.51 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2016D BONDS. COUNTY OF FRANKLIN, OHIO HEALTH CARE FACILITIES IMPROVEMENT REVENUE BONDS, SERIES 2010A (OHIO PRESBYTERIAN RETIREMENT SERVICES) (THE "SERIES 2010A BONDS"). DEEMED REISSUANCE OF $3,050,312.99 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2010A BONDS. OHIO LIVING SPENT THE DEEMED REISSUED AMOUNTS OF EACH ISSUE NO LATER THAN JANUARY 31, 2022. |
PART III COLUMN 11 |
ON AUGUST 9, 2019, OHIO LIVING SOLD ITS CORPORATE OFFICE BUILDING WHICH WAS FINANCED WITH PROCEEDS OF THE SERIES 2016CD BONDS. OHIO LIVING EXERCISED THE REMEDIAL ACTION PROVIDED UNDER TREASURY REGULATIONS SECTION 1.141-12(E), RESULTING IN A DEEMED REISSUANCE OF THE FOLLOWING ISSUES IN THE FOLLOWING AMOUNTS: DEEMED REISSUANCE OF $741,258.86 APPLIED ON A PRO RATA BASIS ACROSS ALL MATURITIES OF THE SERIES 2016CD BONDS. |