Notice of Public Hearing Notice IS Hereby Given
NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that on Friday, April 10, 2026 at 10:30 A.M., a public hearing as required or permitted by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), O.C.G.A. 50-1-14, and the provisions of Section 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended and an Amended and Restated Joint Exercise of Powers Agreement Relating to the Public Finance Authority, dated as of September 28, 2010, will be conducted with respect to the proposed issuance by the Public Finance Authority (the "Authority"), a commission organized under and pursuant to the provisions of Section 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended, of the Authority's Charter School Revenue Bonds (Yi Hwang Academy, Incorporated Project) Series 2026, to be issued in one or more series and in the aggregate principal amount not to exceed $15,000,000 (the "Bonds"). The Public Hearing will be conducted as described below to provide a reasonable opportunity for interested individuals to express their views, orally or in writing, on the proposed issuance of the Bonds and the location and nature of the proposed facilities to be financed. The Bonds are expected to be issued pursuant to Section 66.0304 of the Wisconsin Statutes, as amended, and the proceeds from the sale of the Bonds will be lent to Yi Hwang Academy, Incorporated (the "Borrower"), a Georgia nonprofit corporation and an organization described in Code Section 501(c)(3). The proceeds of the Bonds will be lent to the Borrower for the purpose of providing funds to (i) purchase the building located at 4450 River Green Parkway, Duluth, Georgia 30396, which it currently leases and in which it operates Yi Hwang Academy of Language Excellence (the "Project"), (ii) finance or reimburse the cost of certain tenant improvements, (iii) fund capitalized interest on the Bonds, (iv) fund a debt service reserve fund for the Bonds, and (v) pay the costs of issuing the Bonds. The Project will be owned and operated by the Borrower. THE BONDS WILL NEVER CONSTITUTE AN INDEBTEDNESS OF OR GENERAL OBLIGATION OF THE STATE OF GEORGIA BUT WILL BE SPECIAL LIMITED OBLIGATIONS OF THE AUTHORITY PAYABLE SOLELY FROM THE LOAN PAYMENTS TO BE MADE BY THE BORROWER TO THE AUTHORITY AND CERTAIN FUNDS AND ACCOUNTS ESTABLISHED BY THE INDENTURE FOR THE BONDS. The hearing will commence at 10:30 A.M. on April 10, 2026 or as soon thereafter as the matter can be heard. The public hearing will be conducted in Room 1112 in the office of the Attorney General of the State of Georgia located at 40 Capitol Square SW, Atlanta, Georgia 30334. Interested persons wishing to express their views on the issuance of the Bonds or on the nature or location of the Project proposed to be financed are invited to attend the public hearing. The public hearing will continue for so long as interested persons are expressing their views on the issuance of the Bonds or on the nature or location of the Project proposed to be financed, following which time the public hearing will be closed. Any person wishing to submit written comments regarding the proposed issuance of the Bonds, the financing and/or refinancing of the Project or any matter related thereto should do so by delivering such written comments to publiccomments@law.ga.gov prior to the date of the hearing. 3-27-26
March 27, 2026
April 3, 2026
March 27, 2026 8:10pm
