NOTICE OF PUBLIC HEARING BY The ECONOMIC DEVELOPMENT AUTHORITY OF MATHEWS COUNTY VIRGINIA, ON ITS PROPOSED ISSUANCE OF A REVENUE BOND THE PROCEEDS OF WHICH WOULD BE LOANED TO TRINITY EPISCOPAL SCHOOL, INC.

Notice is hereby given that the Economic Development Authority of Mathews County, Virginia (the “Authority”), whose address is Mathews County Administrator’s Office, P.O. Box 839, Mathews, Virginia 23109, will hold a public hearing on the plan of finance of Trinity Episcopal School, Inc., a not-for-profit Virginia nonstock corporation (the “Borrower”), whose principal place of business is located at 3850 Pittaway Drive, Richmond, Virginia 23235. The plan of finance consists of the issuance by the Authority of its Educational Facilities Revenue Bond, in one or more series, in a principal amount not to exceed $4,800,000 (the “Bond”), the proceeds of which would be loaned to the Borrower to be used in (a) refunding that certain Virginia Small Business Financing Authority Qualified 501(c)(3) Revenue Bond (Trinity Project), Series 2010A, the proceeds of which were used to finance and refinance certain capital expenditures at the Borrower’s campus located at 3850 Pittaway Drive, Richmond, Virginia 23235 (the “Campus”), including but not limited to the construction and equipping of approximately 60,000 square foot addition to the Borrower’s athletic and fitness training facility and the installation of a covered walkway; and (b) financing a portion of the costs associated with executing the transaction (collectively, the “Plan of Finance”). The Campus is owned by the Borrower.

The public hearing, which may be continued or adjourned, will be held at 4:00 p.m. on November 9, 2023, before the Authority in the Mathews Historic Courthouse located at 27 Court Street, Mathews, Virginia 23109. As required by Virginia law, the Bond will not pledge the credit or the taxing power, as applicable, of the Authority, Mathews County, or any other political subdivision of the Commonwealth of Virginia, but will be payable solely from revenues derived from the Borrower and other security provided by the Borrower. Any person interested in the issuance of the Bond or in the Plan of Finance may appear and be heard at the public hearing.

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