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NOTICE OF PUBLIC HEARING ON THE ISSUANCE OF UNIVERSITY FACILITIES REVENUE REFUNDING BONDS UNDER THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT OF 1955 (UNIVERSITY OF JAMESTOWN PROJECT) NOTICE IS HEREBY GIVEN that the Board of County Commissioners of Stutsman County, North Dakota (the "County"), will meet on December 7, 2021, beginning at 3:30 p.

NOTICE OF PUBLIC HEARING
ON THE ISSUANCE OF
UNIVERSITY FACILITIES
REVENUE REFUNDING BONDS
UNDER THE MUNICIPAL
INDUSTRIAL DEVELOPMENT ACT OF 1955
(UNIVERSITY OF JAMESTOWN PROJECT)
NOTICE IS HEREBY GIVEN that the Board of County Commissioners of Stutsman County, North Dakota (the "County"), will meet on December 7, 2021, beginning at 3:30 p.m. in the Stutsman County Courthouse, 511 2nd Avenue SE, Jamestown, North Dakota, for the purpose of holding a public hearing on a proposal that the County issue revenue refunding bonds under the Municipal Industrial Development Act of 1955, Chapter 40-57, N.D.C.C., in order to refinance the project described below.
The project consists of a 2,000-seat athletic arena, attached training center and functionally related facilities located at 1104 University Drive, Jamestown, North Dakota (the "Project"). The Project is owned and operated by the University of Jamestown, a North Dakota nonprofit corporation. The amount of the proposed bond issue is not to exceed $3,750,000. Proceeds of the Bonds will be used to refinance the County's University Facilities Revenue Bonds (University of Jamestown Project), Series 2016A which were issued to finance a portion of the Project.
The bonds shall be limited obligations of the County payable solely from the revenue provided by University of Jamestown and pledged to the payment thereof. No holder of any such bonds shall ever have the right to compel any exercise of the taxing power of the County to pay the bonds, or the interest thereon, nor to enforce payment against any property of the County.
The University of Jamestown is an institution of higher education with facilities in Jamestown and Fargo, North Dakota, and competitors are hereby notified of that fact pursuant to Chapter 40-57, N.D.C.C. All persons interested may appear and be heard at the time and place set forth above or may submit their views in writing prior to the time of the hearing.
(Nov. 27, 2021)2911890