NOTICE IS HEREBY GIVEN that the Battery Park City
Authority doing business as Hugh L. Carey Battery Park City Authority (the
“Authority”), will hold a public hearing on June 20, 2019, at 10:00 a.m.,
local time, at the office of the Authority located at 200 Liberty Street, 24th
Floor, New York, New York, in compliance with the provisions of Section 147(f)
of the Internal Revenue Code of 1986, as amended (the “Code”) to receive
comments related to the proposed issuance by the Authority under Section 145(a)
of the Code of one or more series of qualified 501(c)(3) bonds in an aggregate
principal amount not to exceed $37,000,000 (the “Bonds”). The proceeds of the
Bonds will be used to (i) refinance the capital and related costs of (a) a
community center comprising two condominium units in the Liberty Green and the
Liberty Luxe Condominiums in Battery Park City located at 212 North End Avenue,
New York, New York and (b) a building at 211 North End Avenue, New York, New
York (collectively, the “Facility”) originally financed by proceeds of the
Authority’s Senior Revenue Bonds, Series 2009B (the ”2009B Bonds”), and (ii) finance
replacements of and improvements to portions of the Facility and resiliency
improvements to the land at and adjacent to the Facility.
The Facility consists of an approximately 55,000 square
foot facility which includes two pools, a gymnasium, a fitness center, an
auditorium and multi-purpose classrooms for community-based activities and
programs and cultural programs. The
Facility is owned by the Authority and managed by Asphalt Green, Inc., a New
York not-for-profit corporation and an organization described in Section
501(c)(3) of the Code, pursuant to a management services or similar agreement.
All interested individuals
are invited to attend such hearing and to express their views regarding the Bonds
and the Facility, orally and/or in writing. Should written comments be
presented, three copies must be made available to Pamela Frederick, Chief
Financial Officer, at the address provided below at or before the public
hearing.
Any questions concerning the public hearing or comments on the Bonds and the Facility may be addressed to the Authority, c/o Ms. Pamela Frederick, Chief Financial Officer for the Authority, 200 Liberty Street, 24th Floor, New York, New York, 10281 or by calling Ms. Pamela Frederick at 212-417-4239 on regular business days between 9:00 A.M. and 5:00 P.M., local time, or sending a request for information to Ms. Pamela Frederick by facsimile at 212-417-4238.
Battery Park City Authority d/b/a/ Hugh L. Carey Battery Park City Authority
DATED: June 12, 2019
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