NOTICE OF PUBLIC HEARING
FOR ISSUANCE OF qualified 501(c)(3) BONDS
BY THE WASHINGTON HEALTH CARE FACILITIES AUTHORITY

The Washington Health Care Facilities Authority (the “Authority”) will hold a public hearing using a toll free telephone number at the date and time designated below regarding the proposed issuance by the Authority of one or more series of its qualified 501(c)(3) bonds, as defined in Section 145 of the Internal Revenue Code of 1986, as amended (the “Code”), for health care facilities, in an original aggregate principal amount not-to-exceed $770,000,000 (the “Bonds”). The proceeds of the Bonds will be lent to MultiCare Health System (the “Borrower”), a Washington nonprofit corporation and a “501(c)(3) organization” (as defined in the Code), for the purpose of providing all or part of the funds necessary to finance or refinance some of all of the following health care facilities (collectively, the facilities financed or refinanced with proceeds of the Bonds, the “Projects” and each, a “Project”). The Projects are or will be owned and operated by the Borrower and Yakima Valley Memorial Hospital Association, a Washington nonprofit corporation and “501(c)(3) organization” of which the Borrower is the sole corporate member (“YVMHA”).

Proceeds of the Bonds lent to the Borrower will be used by the Borrower to pay, or reimburse itself for, the costs of acquiring, constructing, remodeling, furnishing and renovating certain Projects, and for the refinancing of certain outstanding obligations, which may include outstanding borrowings of the Borrower drawn on one or more lines of credit, the Borrower’s Taxable Bonds, Series 2020, the Authority’s Revenue Bonds, Series 2022C (MultiCare Health System), and the Authority’s Revenue Bonds, Series 2015A and Series 2015B (MultiCare Health System).

The combined total of the maximum principal amounts listed below for the Projects exceeds the total maximum principal amount of Bonds that may be issued to finance or refinance the Projects. The total maximum principal amount of Bonds that may be issued is $770,000,000.

Project	Location	Principal User	Maximum Principal Amount
MultiCare Tacoma General Hospital, Mary Bridge Children’s Hospital, and New Pediatric Hospital Campus	Campus located south of the intersection of Division Avenue and Martin Luther King Junior Way, in the City of Tacoma, Washington, in the vicinity of 315 and 317 Martin Luther King Junior Way, 1102 Division Avenue, 311 South L Street, and 304 South I Street, Tacoma, Washington 98405	Borrower	$536,300,000
MultiCare Yakima Memorial Hospital	Approximately 26-acre campus located in the vicinity of 2811 Tieton Drive, Yakima, Washington 98902	YVMHA	$65,000,000
MultiCare Cancer Institute – North Star Lodge	Approximately 5-acre campus located in the vicinity of 810 North 39th Avenue, Yakima, Washington 98902	YVMHA	$5,900,000
MultiCare Valley Imaging Center	314 South 11th Avenue, Yakima, Washington 98902	YVMHA	$1,600,000
MultiCare Yakima Memorial Hospice & Home Care	302 South 10th Avenue, Yakima, Washington 98902	YVMHA	$900,000
MultiCare Cottage in the Meadow	Approximately 5-acre campus located in the vicinity of 1208 South 48th Avenue, Yakima, Washington 98908	YVMHA	$3,500,000
MultiCare Orthopedics Northwest	1211 N. 16th Avenue, Yakima, Washington 98902	YVMHA	$2,900,000
MultiCare ‘Ohana Mammography Center	1515 West Yakima Avenue, Yakima, Washington 98902	YVMHA	$1,000,000
Yakima Administrative Offices	15 West Yakima Avenue, Yakima, Washington 98902	YVMHA	$3,700,000
MultiCare Covington Medical Center	Campus located in the vicinity of 17700 SE 272nd Street, Covington, Washington 98402	Borrower	$45,500,000
MultiCare Auburn Medical Center	Campus located in the vicinity of 202 North Division Street, Auburn, Washington	Borrower	$56,100,000
MultiCare Deaconess Hospital	Campus located in the vicinity of 800 West Fifth Avenue, Spokane, Washington 99204	Borrower	$30,200,000
MultiCare Valley Hospital	Campus located in the vicinity of 12606 East Mission Avenue, Spokane Valley, Washington 99216	Borrower	$25,000,000
Good Samaritan Hospital	Campus located in the vicinity of 401 15th Avenue SE and 1316-1320 3rd Street SE Puyallup, Washington 98372	Borrower	$100,300,000
MultiCare Allenmore Hospital	Campus located in the vicinity of 1901 South Union Avenue, Tacoma, Washington 98405	Borrower	$12,500,000
MultiCare Gig Harbor Medical Park	4545 Point Fosdick Drive, Gig Harbor, Washington 98335	Borrower	$21,600,000

The health care facilities described above are all located in the State of Washington.

A public hearing with respect to the proposed issuance of the Bonds will be held at 10:00 a.m. on April 28, 2025, through the use of a telephone conference. All interested persons are invited to listen to, and participate in, the public hearing by calling into the teleconference using the toll-free number 1-833-276-9446 and entering participant code 1212. In order to facilitate registration of participants to the teleconference, it is requested that such persons call the above number no later than 9:55 a.m. (five minutes before start time). Written comments can be submitted to the Authority via email at shannong@whcfa.wa.gov, no later than 9:30 a.m. (30 minutes before start time) on the date of the public hearing.

Dated:  April 21, 2025