PUBLIC HEARING NOTICE
MOON IND...
PUBLIC HEARING NOTICE
MOON IND...
PUBLIC HEARING NOTICE
MOON INDUSTRIAL DEVELOPMENT AUTHORITY
MOON INDUSTRIAL DEVELOPMENT AUTHORITY (the Authority) will hold a public hearing pursuant to the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended (the Code), on behalf of (i) the County of Allegheny, Pennsylvania, (ii) the County of Washington, Pennsylvania and (iii) the Township of Moon, Pennsylvania on Monday, August 17, 2026, at 10:00 a.m. prevailing time at the offices Dinsmore & Shohl LLP, 1300 Six PPG Place, Pittsburgh, Pennsylvania 15222, to review and act upon the Project (as hereinafter defined) to be undertaken by the Authority and to be financed through the issuance of one or more tax-exempt revenue obligations.
Verland and its affiliates, The Verland Foundation, Inc., Verland CLA, Verland Endowment and Verland Commons (collectively, the Borrower), each a Pennsylvania nonprofit corporation and a tax-exempt organization described in Section 501(c)(3) of the Code, has requested the Authority to issue its tax-exempt revenue obligation constituting qualified 501(c)(3) bonds as defined in Section 145 of the Code, to further the Borrower's exempt purpose in an aggregate principal amount of not-to-exceed Seven Million Five Hundred Thousand Dollars ($7,500,000) (the "Note(s)") which, together with other available funds, will be used to finance or refinance all or a portion of the costs of a project to be owned by the Borrower consisting of the following: (i) a maximum principal amount of $2,100,000 will be applied to capital improvements to water and sewer facilities at the Borrower's main campus located at:
212 Iris Road, Sewickley, PA 15143;
(ii) a maximum principal amount of $400,000 will be applied to the constructing, acquiring, furnishing and equipping certain residential group home facilities and other capital expenditures to be devoted to the Borrower's exempt activities, to be located at the following locations:
2182 East Maiden Street, Washington, PA 15301
1095 Overlook Drive, Washington, PA 15301
348 East Pike Street, Houston, PA 15342
77 Leet Street, Washington, PA 15301
, including the reimbursement of prior capital expenditures relating to the foregoing (together, with (i), the "New Project"); (iii) approximately $5,000,000 will be applied to the refinancing and restructuring of the Authority's Tax Exempt Revenue Note, Series of 2019A, the proceeds of which were applied to the financing or refinancing of facilities located at:
480 Amherst Ave, Moon Twp, PA 15108
540 Aten Road, Coraopolis, PA 15108
669 Bairdford Rd, Gibsonia, PA 15044
194 Boxfield Drive, Upper St. Clair, PA 15241
243 Clover Drive, Monroeville, PA 15146
1206 Colonial Place, Sewickley, PA 15143
477 Flamingo Ave, Pittsburgh, PA 15235
20 Jeff Drive, Moon Twp, PA 15108
7 Locust Lane, Upper St. Clair, PA 15241
101 Lycoming Drive, Moon Twp, PA 15108
380 Moon Clinton Road, Moon Twp, PA 15108
220 Patton Drive, Moon Twp, PA 15108
132 Pilgrim Drive, Sewickley, PA 15143
2127 Pococen Drive, Moon Twp, PA 15108
48 Terrace Drive, Pittsburgh, PA 15205
18 Watson Street, Sewickley, PA 15143
5412 Wolfe Drive, Pittsburgh, PA 15236
419 Wyndhurst Drive, Moon Twp, PA 15108
1511 Hawthorne St, Natrona. Heights, PA 15065
150 Lynda Vista Drive, Sewickley, PA 15143
212 Iris Road, Sewickley, PA 15143
934 Brodhead Road, Moon Twp, PA 15108
1068 Mississippi Ave, Dormont, PA 15216
818 Centennial Ave, Sewickley, PA 15143
118 Lang Drive, Moon Twp, PA 15108
217 Winridge Drive, Moon Twp, PA 15108
147 Reaghard Drive, Cheswick, PA 15024
96 Southern Hilands Drive, Upper St. Clair, PA 15241
303 Myrtle Lane, Sewickley, Pa 15143
1428 Shady Ave, Pittsburgh, PA 15217
1511 Spruce Street, Cheswick, PA 15044
(the "Refinanced Project" and together with the New Project, the "Project") and (iv) the payment of costs of issuance of the Note(s). The Borrower is the legal owner of the Refinanced Project and will be the initial legal owner of the New Project. The Borrower uses the Project in an integrated operation.
PERSONS DESIRING TO PARTICIPATE AND EXPRESS VIEWS DURING THE PUBLIC HEARING MAY DO SO BY: (I) ATTENDING THE HEARING AT THE ABOVE-DESCRIBED LOCATION, (II) DIALING INTO THE HEARING USING THE FOLLOWING TELEPHONE NUMBER AS FOLLOWS: DIAL 1-469-480-3855, THEN ENTER ACCESS CODE 108246483 (THE TELEPHONE LINE WILL BE ACTIVATED 10 MINUTES BEFORE THE SCHEDULED HEARING) OR (III) PROVIDING WRITTEN COMMENTS VIA EMAIL TO SEAN.GARIN@DINSMORE.COM BEFORE 10:00 A.M. ON MONDAY, AUGUST 17, 2026. ANY COMMENTS RECEIVED VIA EMAIL WILL BE READ INTO THE RECORD AT THE PUBLIC HEARING.
MOON INDUSTRIAL DEVELOPMENT AUTHORITY
PUBLIC HEARING NOTICE
MOON INDUSTRIAL DEVELOPMENT AUTHORITY
MOON INDUSTRIAL DEVELOPMENT AUTHORITY (the Authority) will hold a public hearing pursuant to the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended (the Code), on behalf of (i) the County of Allegheny, Pennsylvania, (ii) the County of Washington, Pennsylvania and (iii) the Township of Moon, Pennsylvania on Monday, August 17, 2026, at 10:00 a.m. prevailing time at the offices Dinsmore & Shohl LLP, 1300 Six PPG Place, Pittsburgh, Pennsylvania 15222, to review and act upon the Project (as hereinafter defined) to be undertaken by the Authority and to be financed through the issuance of one or more tax-exempt revenue obligations.
Verland and its affiliates, The Verland Foundation, Inc., Verland CLA, Verland Endowment and Verland Commons (collectively, the Borrower), each a Pennsylvania nonprofit corporation and a tax-exempt organization described in Section 501(c)(3) of the Code, has requested the Authority to issue its tax-exempt revenue obligation constituting qualified 501(c)(3) bonds as defined in Section 145 of the Code, to further the Borrower's exempt purpose in an aggregate principal amount of not-to-exceed Seven Million Five Hundred Thousand Dollars ($7,500,000) (the "Note(s)") which, together with other available funds, will be used to finance or refinance all or a portion of the costs of a project to be owned by the Borrower consisting of the following: (i) a maximum principal amount of $2,100,000 will be applied to capital improvements to water and sewer facilities at the Borrower's main campus located at:
212 Iris Road, Sewickley, PA 15143;
(ii) a maximum principal amount of $400,000 will be applied to the constructing, acquiring, furnishing and equipping certain residential group home facilities and other capital expenditures to be devoted to the Borrower's exempt activities, to be located at the following locations:
2182 East Maiden Street, Washington, PA 15301
1095 Overlook Drive, Washington, PA 15301
348 East Pike Street, Houston, PA 15342
77 Leet Street, Washington, PA 15301
, including the reimbursement of prior capital expenditures relating to the foregoing (together, with (i), the "New Project"); (iii) approximately $5,000,000 will be applied to the refinancing and restructuring of the Authority's Tax Exempt Revenue Note, Series of 2019A, the proceeds of which were applied to the financing or refinancing of facilities located at:
480 Amherst Ave, Moon Twp, PA 15108
540 Aten Road, Coraopolis, PA 15108
669 Bairdford Rd, Gibsonia, PA 15044
194 Boxfield Drive, Upper St. Clair, PA 15241
243 Clover Drive, Monroeville, PA 15146
1206 Colonial Place, Sewickley, PA 15143
477 Flamingo Ave, Pittsburgh, PA 15235
20 Jeff Drive, Moon Twp, PA 15108
7 Locust Lane, Upper St. Clair, PA 15241
101 Lycoming Drive, Moon Twp, PA 15108
380 Moon Clinton Road, Moon Twp, PA 15108
220 Patton Drive, Moon Twp, PA 15108
132 Pilgrim Drive, Sewickley, PA 15143
2127 Pococen Drive, Moon Twp, PA 15108
48 Terrace Drive, Pittsburgh, PA 15205
18 Watson Street, Sewickley, PA 15143
5412 Wolfe Drive, Pittsburgh, PA 15236
419 Wyndhurst Drive, Moon Twp, PA 15108
1511 Hawthorne St, Natrona. Heights, PA 15065
150 Lynda Vista Drive, Sewickley, PA 15143
212 Iris Road, Sewickley, PA 15143
934 Brodhead Road, Moon Twp, PA 15108
1068 Mississippi Ave, Dormont, PA 15216
818 Centennial Ave, Sewickley, PA 15143
118 Lang Drive, Moon Twp, PA 15108
217 Winridge Drive, Moon Twp, PA 15108
147 Reaghard Drive, Cheswick, PA 15024
96 Southern Hilands Drive, Upper St. Clair, PA 15241
303 Myrtle Lane, Sewickley, Pa 15143
1428 Shady Ave, Pittsburgh, PA 15217
1511 Spruce Street, Cheswick, PA 15044
(the "Refinanced Project" and together with the New Project, the "Project") and (iv) the payment of costs of issuance of the Note(s). The Borrower is the legal owner of the Refinanced Project and will be the initial legal owner of the New Project. The Borrower uses the Project in an integrated operation.
PERSONS DESIRING TO PARTICIPATE AND EXPRESS VIEWS DURING THE PUBLIC HEARING MAY DO SO BY: (I) ATTENDING THE HEARING AT THE ABOVE-DESCRIBED LOCATION, (II) DIALING INTO THE HEARING USING THE FOLLOWING TELEPHONE NUMBER AS FOLLOWS: DIAL 1-469-480-3855, THEN ENTER ACCESS CODE 108246483 (THE TELEPHONE LINE WILL BE ACTIVATED 10 MINUTES BEFORE THE SCHEDULED HEARING) OR (III) PROVIDING WRITTEN COMMENTS VIA EMAIL TO SEAN.GARIN@DINSMORE.COM BEFORE 10:00 A.M. ON MONDAY, AUGUST 17, 2026. ANY COMMENTS RECEIVED VIA EMAIL WILL BE READ INTO THE RECORD AT THE PUBLIC HEARING.
MOON INDUSTRIAL DEVELOPMENT AUTHORITY
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