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RESOLUTION A RESOLUTION AUTHORIZING THE ISSUANCE OF HOSPITAL REVENUE BONDS (WHITE RIVER HEALTH SYSTEM,INC.),REFUNDING SERIES 2020;AUTHORIZING A TRUST INDENTURE,A LOAN AGREEMENT AND SECURITY AGREEMENT, A BOND PURCHASE AGREEMENT AND PRELIMINARY AND FINAL OFFICIAL STATEMENTS IN CONNECTION THEREWITH; AUTHORIZING THE SALE OF THE BONDS AND THE EXECUTION OF A BOND PURCHASE AGREEMENT; AND PRESCRIBING OTHER MATTERS PERTAINING THERETO. WHEREAS, pursuant to the Constitution and laws of the State of Arkansas, particularly Arkansas Code of 1987 Annotated, Title 14, Chapter 137 (the "Act"), the City of Batesville, Arkansas Public Facilities Board (the "Board") has been created by Ordinance No. 2003-10-1 (the "Authorizing Ordinance") of the City of Batesville, Arkansas (the "City") for the public purpose of, among other things, assisting in the financing and refinancing of health care facilities and related facilities; and WHEREAS, the Board is authorized pursuant to the provisions of the Act and the Authorizing Ordinance to accomplish, finance, contract concerning, and otherwise dispose of and deal with "health care facilities" (as defined in the Act)and related facilities, and to issue revenue bonds from time to time and to use the proceeds to accomplish the purposes for which the Board has been created as the same relate to the providing of adequate health care facilities and related facilities within the City; and WHEREAS, White River Health System, Inc., an Arkansas non-profit corporation (the "Corporation"), provides hospital and health care services to the citizens of the City and the State of Arkansas; and WHEREAS, the Corporation is obligated to make debt service payments on the following bond issues: (i) the Independence County, Arkansas Public Health, Education and Housing Facilities Board Capital Improvement Revenue Bonds(White River Health System, Inc. Project), Series 2011 (the "Series 2011 Bonds"), and (ii) the Board's Refunding Revenue Bonds (White River Health System, Inc. Project), Series 2013 (the "Series 2013 Bonds"); and WHEREAS, the Corporation leases certain health care facilities located at 1931 Harrison Street, Batesville, Arkansas (collectively, the "UAMS Buildings"),which it subleases to the University of Arkansas for Medical Sciences ("UAMS"); and WHEREAS,the Corporation financed improvements to the UAMS Buildings with indebtedness represented by the Promissory Note dated August 1, 2018 payable to First Community Bank(the "UAMS Buildings Indebtedness"); and