MCIDA MARC COMMUNITY RESOURCES BS RESOLUTION.DOC

A RESOLUTION OF THE MARICOPA COUNTY BOARD OF SUPERVISORS
APPROVING THE ISSUANCE BY THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE COUNTY OF MARICOPA OF ITS DIRECT PURCHASE
REVENUE BONDS (MARC COMMUNITY RESOURCES, INC. PROJECT)
SERIES 2018, IN ONE OR MORE TAX-EXEMPT AND/OR TAXABLE SERIES,
IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $20,000,000
WHEREAS, The Industrial Development Authority of the County of Maricopa (the “Issuer”) is a
nonprofit corporation designated a political subdivision of the State of Arizona incorporated with the
approval of the County of Maricopa, empowered under the Industrial Development Financing Act,
A.R.S. § 35-701 et seq. (the “Act”), to issue revenue bonds for the purposes set forth in the Act, including
the making of secured or unsecured loans for the purpose of financing or refinancing the acquisition,
construction, improvement or equipping of a “project” (as defined in the Act);
WHEREAS, the Issuer proposes to issue its Direct Purchase Revenue Bonds (Marc Community
Resources, Inc. Project) Series 2018, in one or more tax-exempt and/or taxable series, in an aggregate
principal amount not to exceed $20,000,000, for the benefit of Marc Community Resources, Inc. f/k/a
Marc Center of Mesa, Inc. (the “Borrower”), an Arizona nonprofit corporation and an exempt
organization under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”);
WHEREAS, the Issuer issued its Direct Purchase Revenue Bonds (Marc Community Resources,
Inc. Project) Series 2013A, in the aggregate principal amount of $6,900,000 (the “Series 2013A Bonds”),
pursuant to that certain Indenture of Trust, dated as of December 1, 2013 (the “Series 2013 Indenture”),
between the Issuer and Wells Fargo Bank, National Association, in its capacity as Trustee;
WHEREAS, pursuant to that certain Loan Agreement, dated as of December 1, 2013 (the “Series
2013 Loan Agreement”), the Issuer loaned the proceeds of the Series 2013A Bonds to the Borrower, to (a)
refinance the outstanding principal amount of the Issuer’s Community Services Facilities Revenue Bonds
(Marc Center of Mesa, Inc. Project) Series 2009A and Series 2009B, the proceeds of which were used to (i)
refinance certain existing indebtedness of the Borrower, and (ii) finance the acquisition, renovation,
improvement, expansion, construction, equipping and operation of certain new and existing capital projects,
and (b) pay certain costs and expenses incidental thereto;
WHEREAS, the Issuer issued its Direct Purchase Revenue Bonds (Marc Community Resources,
Inc. Project) Series 2013B, in the aggregate principal amount of $2,815,000 (the “Series 2013B Bonds”, and
together with the Series 2013A Bonds, the “Prior Bonds”), pursuant to the Series 2013 Indenture;
WHEREAS, pursuant to the Series 2013 Loan Agreement, the Issuer loaned the proceeds of the
Series 2013B Bonds to the Borrower to (a) finance and refinance the acquisition, renovation, improvement,
expansion, construction, equipping and operation of certain new and existing capital projects, and (b) pay
certain costs and expenses incidental thereto;
WHEREAS, the Borrower has requested that the Issuer issue its Direct Purchase Revenue Bonds
(Marc Community Resources, Inc. Project) Series 2018A (the “Series 2018A Bonds”), pursuant to an
Indenture of Trust, to be dated as of April 1, 2018 (the “Indenture”), between the Issuer and Wells Fargo
Bank, National Association, it its capacity as Trustee (the “Trustee”), and enter into a Loan Agreement,
dated as of April 1, 2018 (the “Loan Agreement”), between the Issuer and the Borrower, pursuant to which
the Issuer will loan the proceeds of the Series 2018A Bonds to the Borrower for purposes of (a) effecting a
current refunding of the outstanding Prior Bonds, (b) funding any required reserves, and (c) paying costs
and expenses incurred in connection therewith (the “Refunded Projects”);
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WHEREAS, the Borrower has requested that the Issuer issue its Direct Purchase Revenue Bonds
(Marc Community Resources, Inc. Project) Series 2018B (the “Series 2018B Bonds”), pursuant to the
Indenture, and loan the proceeds of the Series 2018B Bonds to the Borrower pursuant to the Loan
Agreement for purposes of (a) financing and refinancing the acquisition, renovation, improvement,
expansion, construction, equipping and operation of certain new and existing assets, previously owned and
operated by Partners in Recovery, an Arizona limited liability company that has been consolidated into the
Borrower, (b) funding any required reserves, and (c) paying costs and expenses incurred in connection
therewith (the “Series 2018B Project”);
WHEREAS, the Borrower has requested that the Issuer issue its Direct Purchase Revenue Bonds
(Marc Community Resources, Inc. Project) Series 2018C (the “Series 2018C Bonds”, and together with the
Series 2018A Bonds and the Series 2018B Bonds, the “Bonds”), pursuant to the Indenture, and loan the
proceeds of the Series 2018C Bonds to the Borrower pursuant to the Loan Agreement for purposes of (a)
financing and refinancing the acquisition, renovation, improvement, expansion, construction, equipping and
operation of certain new and existing assets, (b) funding any required reserves, and (c) paying costs and
expenses incurred in connection therewith (the “Series 2018C Project”, and, together with the Series 2018B
Project, the “New Money Projects”);
WHEREAS, the Refunded Projects and the New Money Projects (collectively, the “Project”) are
more particularly described in Exhibit A to this Resolution;
WHEREAS, the obligations of the Borrower under the Loan Agreement will be secured by,
among other things: (a) Deeds of Trust, Security Agreement and Fixture Filing (collectively, the “Deeds
of Trust”), to be executed by the Borrower in favor of the Trustee; (b) all right, title and interest of the
Issuer in and to any moneys held under the Indenture; and (c) all right, title and interest of the Issuer
under the Loan Agreement (excluding certain enumerated rights);
WHEREAS, the terms, maturities, provisions for redemption, security, and sources of payment
for the Bonds are set forth in the Indenture and in the forms of the Bonds;
WHEREAS, Wells Fargo Bank, National Association, has agreed to purchase the Bonds and
execute an investor letter in form and substance approved by the Issuer (the “Investor Letter”); and
WHEREAS, the Issuer and the Borrower will enter into a Tax Certificate and Agreement
(the “Tax Certificate”) to confirm and agree on certain matters relating to the exclusion of interest on the
Bonds from gross income for federal income tax purposes under the Code and the income tax regulations
and rulings with respect to the Code;
WHEREAS, on March 13, 2018, the Issuer resolved (the “Issuer’s Resolution”) to issue the
Bonds, the Issuer’s Resolution being conditioned upon, among other things, the granting of approval to
the issuance of the Bonds by the Maricopa County Board of Supervisors;
WHEREAS, the Issuer’s Resolution has been made available to the Maricopa County Board of
Supervisors, and the Issuer’s Resolution has been duly considered this date;
WHEREAS, the Issuer’s Resolution authorizes, among other things, the issuance and sale of the
Bonds, the execution and delivery of the Indenture, the Loan Agreement, the Deeds of Trust, the Investor
Letter and the Tax Certificate (as such terms are defined in the Issuer’s Resolutions), and such other
documents as required for the issuance of the Bonds;
WHEREAS, information regarding the issuance of the Bonds have been made available to the
Maricopa County Board of Supervisors, together with the Issuer’s Resolution;
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WHEREAS, the Maricopa County Board of Supervisors have been informed that the documents
have been reviewed by competent Bond Counsel, Lewis Roca Rothgerber Christie LLP, and Bond
Counsel has determined that the documents adequately meet the requirements of the Act and the Code;
WHEREAS, pursuant to Section 35-721.B of the Act, the proceedings of the Issuer under which
the Bonds are to be issued require the approval of the Maricopa County Board of Supervisors for the
issuance of the Bonds;
WHEREAS, pursuant to Section 147(f) of the Code, the Maricopa County Board of Supervisors
must approve the issuance of the Bonds after a public hearing following reasonable public notice;
WHEREAS, following publication of a Notice of Public Hearing in Record Reporter on March
5, 2018, a public hearing with respect to the Bonds and the location and nature of the Project to be financed
was held by a representative of the Issuer, pursuant to Section 147(f) of the Code, on March 20, 2018, at
the Maricopa County Administration Building, First Floor Lobby, 301 West Jefferson, Phoenix, Arizona
85003, a copy of the Notice of Public Hearing is attached hereto and made a part of this Resolution;
WHEREAS, a Report of Public Hearing regarding the Public Hearing held on March 20, 2018 has
been presented to and considered by the Maricopa County Board of Supervisors; and
WHEREAS, it is intended that this Resolution shall constitute approval by the Maricopa County
Board of Supervisors with respect to the issuance of the Bonds pursuant to (i) Section 35-721.B of the
Act, and (ii) Section 147(f) of the Code;
NOW, THEREFORE, BE IT RESOLVED BY THE MARICOPA COUNTY BOARD OF
SUPERVISORS, as follows:
1. The issuance by the Issuer of the Bonds in an aggregate principal amount not to exceed
$20,000,000 is approved for all purposes under the Act and the Code.
2. The appropriate officers of the Maricopa County Board of Supervisors are hereby
authorized and directed to do all such things to execute and deliver all such documents on behalf of the
Maricopa County Board of Supervisors as may be necessary or desirable to effectuate the intent of this
Resolution and the Issuer’s Resolution in connection with the issuance of the Bonds.
[Remainder of Page Intentionally Left Blank]
Series 2018 Board of Supervisors Resolution 103844712_6

ADOPTED AND APPROVED on March __, 2018.
Chairman, Maricopa County Board of Supervisors
ATTEST:
Clerk, Maricopa County Board of Supervisors
ATTACHMENTS: Description of Project
Notice of Public Hearing
Series 2018 Board of Supervisors Resolution 103844712_6

EXHIBIT A
DESCRIPTION OF PROJECT
The proceeds of the Bonds will be used to make a loan to the Borrower to:
(a) refinance the outstanding principal amount of the Authority's Direct Purchase Revenue
Bonds (Marc Community Resources, Inc. Project) Series 2013, the proceeds of which
were used to:
(i) finance and refinance existing debt used for the construction, improvement and
equipping of the following capital projects: (1) 924 Vocational Training Center,
located at 924 North Country Club Drive, Mesa, Arizona; (2) 924 Administrative
Office, located at 924 North Country Club Drive, Mesa, Arizona; (3) Florian
Behavioral Health Facility, located at 4250 East Florian Avenue, Mesa, Arizona;
(4) Marc East Vocational Training Center, located at 10917 East Main Street,
Mesa, Arizona; and (5) twenty-three (23) single-family homes used as group
homes and independent living residences at the following addresses: 2717 North
26th Street, Mesa, Arizona; 4154 East Alder Avenue, Mesa, Arizona; 2664 East
Hermosa Vista Drive, Mesa, Arizona; 6433 East Quartz, Mesa, Arizona; 7321 East
Halifax, Mesa, Arizona; 750 South Alamo, Mesa, Arizona; 3916 East Garnet,
Mesa, Arizona; 1637 North Spencer, Mesa, Arizona; 2661 East Hope, Mesa,
Arizona; 914 West 11th Place, Mesa, Arizona; 4026 East Dorcas Circle, Mesa,
Arizona; 4914 East Evergreen Street, Mesa, Arizona; 11431 East Rutledge Street,
Mesa, Arizona; 135 West Hunter Street, Mesa, Arizona; 7902 East Covina Street,
Mesa, Arizona; 3627 East Whitehall Drive, Queen Creek, Arizona; 4083 Brae Voe
Way, Queen Creek, Arizona; 16803 East Tremaine, Gilbert, Arizona; 16431 North
28th Street, Phoenix, Arizona; 1145 East Sesame, Tempe, Arizona; 1426 East
Redmon, Tempe, Arizona; 124 East 16th Avenue, Apache Junction, Arizona; and
8454 East Hazelwood Street, Scottsdale, Arizona;
(ii) finance and refinance existing debt used for the acquisition, renovation,
improvement, expansion, construction, equipping and operation of the following
new and existing capital projects: (1) The Village at Oasis Park, located at 10617
East Oasis Drive, Mesa, Arizona; (2) Hall/Williams Triplex — El Jardin de
Marc, located at 410 South Hall, 418 South Hall, 409 South Williams, 417 South
Williams, and 421 South Williams, all in Mesa, Arizona; (3) installation of solar
energy equipment for the following properties: (a) 924 Campus, located at 924
North Country Club Drive, Mesa, Arizona; (b) Florian Behavioral Health
Campus, located at 4250 East Florian Avenue, Mesa, Arizona; and (c) Marc East
Vocational Training Campus, located at 10917 East Main Street, Mesa, Arizona;
(4) equipping of and working capital for (a) a food servicing facility located at
525 West Brown Road, Mesa, Arizona; (b) a vocational training facility located
at 215 West Lodge Drive, Tempe, Arizona; and (c) behavioral health facilities
located at 10240 North 31st Avenue, Suite 200, Phoenix, Arizona, 3450 North
Higley Road, Mesa, Arizona, 5222 East Baseline Road, Gilbert, Arizona, 11361
North 99th Avenue, Suite 401, Peoria, Arizona, and 634 West Wickenburg Way,
Suite D, Wickenburg, Arizona; (5) improvements to Marcridge Program Center,
located at 737 West Guadalupe Road, Mesa, Arizona 85210; (6) acquisition of
vehicles and equipment to be used in connection with FCS Premier Food
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Services Operations, located at 525 West Brown Road, Mesa, Arizona 85201;
and (7) acquisition of vehicles and equipment to be used in connection with
TransMarc, located at 737 West Guadalupe Road, Mesa, Arizona 85210;
(iii) finance and refinance the acquisition, renovation, improvement, expansion,
construction, equipping and operation of the following new and existing capital
projects: (i) The Village at Oasis Park, located at 10617 East Oasis Drive, Mesa,
Arizona 85208; (ii) 924 Campus, located at 924 North Country Club Drive,
Mesa, Arizona 85201; (iii) improvements to and acquisition of the property
known as Marcridge, located at 737 West Guadalupe Road, Mesa, Arizona
85210; (iv) 16803 East Tremaine, Gilbert, Arizona; (v) 124 East 16th Avenue,
Apache Junction, Arizona; (vi) 8454 East Hazelwood Street, Scottsdale,
Arizona; (vii) 4250 East Florian Avenue, Mesa, Arizona; (viii) Hall/Williams
Triplex — El Jardin de Marc, located at 410 South Hall, 418 South Hall, 409
South Williams, 417 South Williams, and 421 South Williams, all in Mesa,
Arizona; and (ix) 833 West McLellan Road, Mesa, Arizona;
(iv) pay certain costs and expenses incidental thereto (collectively, the "Refunded
Projects"); and
(b) finance the acquisition, renovation, improvement, expansion, construction, equipping and
operation of the following new and existing capital projects: (1) 737 W Guadalupe Road,
Mesa, Arizona; (2) renovation of twelve existing residential units and construction and
equipping of a new apartment building, located at 120 N. Beverly, Mesa, Arizona; (3)
office space located at 422 W. Ivyglen, Mesa, Arizona; (4) 9 (nine) single-family homes
used as group homes and independent living residences at the following addresses: 756
South Mesa Drive, Mesa, Arizona; 502 Signal Butte, Apache Junction, Arizona; 2401
East Juanita, Mesa, Arizona; 540 South Valencia, Mesa, Arizona; 1779 South Spartan
Court, Gilbert, Arizona; 457 South Bahama Drive, Gilbert, Arizona; 1836 North Stapley
Drive Unit 1, Mesa, Arizona; 810 East Glade Avenue, Mesa, Arizona; and 918 East
Millet Avenue, Mesa, Arizona; (5) the purchase of Partners in Recovery, LLC, including
the assets located at 2025 N. 3rd Street in Phoenix, Arizona, 10240 N 31st Avenue in
Phoenix, Arizona, 11361 N. 99th Avenue in Peoria, Arizona, 5625 W. Bell Road in
Glendale, Arizona, 4330 E University Drive in Mesa, Arizona, 5222 E. Baseline Road in
Gilbert, Arizona, 811 N. Tegner in Wickenburg, Arizona, 14050 & 14100 North 83rd
Avenue in Peoria, Arizona, and 9150 W. Indian School Road in Phoenix, Arizona; (6)
commercial office space located at 924 N. Country Club Drive in Mesa; (7) land located
at 10917 E. Main Street in Mesa, Arizona and 10617 E. Oasis Drive in Mesa, Arizona;
and (8) building at 244 North Extension Road, Mesa, Arizona (the “New Money
Projects”); and
(c) fund any required reserves; pay capitalized interest on the Bonds, if any; and pay costs
and expenses incurred in connection therewith (together with the Refunded Projects and
the New Money Projects, the “Project”).
Series 2018 Board of Supervisors Resolution 103844712_6

EXHIBIT B
NOTICE OF PUBLIC HEARING
PUBLIC NOTICE IS HEREBY GIVEN that a public hearing will be held by a
representative of The Industrial Development Authority of the County of Maricopa (the
“Authority”) on March 20, 2018, at 9:00 a.m., MST, at the Maricopa County Administration
Building, First Floor Lobby, 301 West Jefferson, Phoenix, Arizona 85003, regarding the
proposed plan of finance and issuance by the Authority of its Direct Purchase Revenue Bonds
(Marc Community Resources, Inc. Project) Series 2018, in one or more tax-exempt and/or
taxable series, in an aggregate principal amount not to exceed $20,000,000 (collectively, the
“Bonds”) at the request of, and for the benefit of, Marc Community Resources, Inc. f/k/a Marc
Center of Mesa, Inc., an Arizona nonprofit corporation and an exempt organization described
under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), as
borrower of the proceeds of the Bonds (together with its assignees and designees, the
“Borrower”).
The proceeds of the Bonds will be used to make a loan to the Borrower to:
(d) refinance the outstanding principal amount of the Authority's Direct Purchase
Revenue Bonds (Marc Community Resources, Inc. Project) Series 2013, the
proceeds of which were used to:
(v) finance and refinance existing debt used for the construction, improvement
and equipping of the following capital projects: (1) 924 Vocational Training
Center, located at 924 North Country Club Drive, Mesa, Arizona; (2) 924
Administrative Office, located at 924 North Country Club Drive, Mesa,
Arizona; (3) Florian Behavioral Health Facility, located at 4250 East Florian
Avenue, Mesa, Arizona; (4) Marc East Vocational Training Center, located
at 10917 East Main Street, Mesa, Arizona; and (5) twenty-three (23) single-
family homes used as group homes and independent living residences at the
following addresses: 2717 North 26th Street, Mesa, Arizona; 4154 East
Alder Avenue, Mesa, Arizona; 2664 East Hermosa Vista Drive, Mesa,
Arizona; 6433 East Quartz, Mesa, Arizona; 7321 East Halifax, Mesa,
Arizona; 750 South Alamo, Mesa, Arizona; 3916 East Garnet, Mesa,
Arizona; 1637 North Spencer, Mesa, Arizona; 2661 East Hope, Mesa,
Arizona; 914 West 11th Place, Mesa, Arizona; 4026 East Dorcas Circle,
Mesa, Arizona; 4914 East Evergreen Street, Mesa, Arizona; 11431 East
Rutledge Street, Mesa, Arizona; 135 West Hunter Street, Mesa, Arizona;
7902 East Covina Street, Mesa, Arizona; 3627 East Whitehall Drive, Queen
Creek, Arizona; 4083 Brae Voe Way, Queen Creek, Arizona; 16803 East
Tremaine, Gilbert, Arizona; 16431 North 28th Street, Phoenix, Arizona;
1145 East Sesame, Tempe, Arizona; 1426 East Redmon, Tempe, Arizona;
124 East 16th Avenue, Apache Junction, Arizona; and 8454 East
Hazelwood Street, Scottsdale, Arizona;
(vi) finance and refinance existing debt used for the acquisition, renovation,
improvement, expansion, construction, equipping and operation of the
following new and existing capital projects: (1) The Village at Oasis Park,
located at 10617 East Oasis Drive, Mesa, Arizona; (2) Hall/Williams
Series 2018 Board of Supervisors Resolution 103844712_6

Triplex — El Jardin de Marc, located at 410 South Hall, 418 South Hall,
409 South Williams, 417 South Williams, and 421 South Williams, all in
Mesa, Arizona; (3) installation of solar energy equipment for the
following properties: (a) 924 Campus, located at 924 North Country Club
Drive, Mesa, Arizona; (b) Florian Behavioral Health Campus, located at
4250 East Florian Avenue, Mesa, Arizona; and (c) Marc East Vocational
Training Campus, located at 10917 East Main Street, Mesa, Arizona; (4)
equipping of and working capital for (a) a food servicing facility located at
525 West Brown Road, Mesa, Arizona; (b) a vocational training facility
located at 215 West Lodge Drive, Tempe, Arizona; and (c) behavioral
health facilities located at 10240 North 31st Avenue, Suite 200, Phoenix,
Arizona, 3450 North Higley Road, Mesa, Arizona, 5222 East Baseline
Road, Gilbert, Arizona, 11361 North 99th Avenue, Suite 401, Peoria,
Arizona, and 634 West Wickenburg Way, Suite D, Wickenburg, Arizona;
(5) improvements to Marcridge Program Center, located at 737 West
Guadalupe Road, Mesa, Arizona 85210; (6) acquisition of vehicles and
equipment to be used in connection with FCS Premier Food Services
Operations, located at 525 West Brown Road, Mesa, Arizona 85201; and
(7) acquisition of vehicles and equipment to be used in connection with
TransMarc, located at 737 West Guadalupe Road, Mesa, Arizona 85210;
(vii) finance and refinance the acquisition, renovation, improvement,
expansion, construction, equipping and operation of the following new
and existing capital projects: (i) The Village at Oasis Park, located at
10617 East Oasis Drive, Mesa, Arizona 85208; (ii) 924 Campus, located at
924 North Country Club Drive, Mesa, Arizona 85201; (iii) improvements
to and acquisition of the property known as Marcridge, located at 737
West Guadalupe Road, Mesa, Arizona 85210; (iv) 16803 East Tremaine,
Gilbert, Arizona; (v) 124 East 16th Avenue, Apache Junction, Arizona;
(vi) 8454 East Hazelwood Street, Scottsdale, Arizona; (vii) 4250 East
Florian Avenue, Mesa, Arizona; (viii) Hall/Williams Triplex — El Jardin
de Marc, located at 410 South Hall, 418 South Hall, 409 South Williams,
417 South Williams, and 421 South Williams, all in Mesa, Arizona; and
(ix) 833 West McLellan Road, Mesa, Arizona; and
(viii) pay certain costs and expenses incidental thereto (collectively, the
"Refunded Projects"); and
(e) finance the acquisition, renovation, improvement, expansion, construction,
equipping and operation of the following new and existing capital projects: (1)
737 W Guadalupe Road, Mesa, Arizona; (2) renovation of twelve existing
residential units and construction and equipping of a new apartment building,
located at 120 N. Beverly, Mesa, Arizona; (3) office space located at 422 W.
Ivyglen, Mesa, Arizona; (4) 9 (nine) single-family homes used as group homes
and independent living residences at the following addresses: 756 South Mesa
Drive, Mesa, Arizona; 502 Signal Butte, Apache Junction, Arizona; 2401 East
Juanita, Mesa, Arizona; 540 South Valencia, Mesa, Arizona; 1779 South Spartan
Court, Gilbert, Arizona; 457 South Bahama Drive, Gilbert, Arizona; 1836 North
Stapley Drive Unit 1, Mesa, Arizona; 810 East Glade Avenue, Mesa, Arizona;
and 918 East Millet Avenue, Mesa, Arizona; (5) the purchase of Partners in
Recovery, LLC, including the assets located at 2025 N. 3rd Street in Phoenix,
Series 2018 Board of Supervisors Resolution 103844712_6

Arizona, 10240 N 31st Avenue in Phoenix, Arizona, 11361 N. 99th Avenue in
Peoria, Arizona, 5625 W. Bell Road in Glendale, Arizona, 4330 E University
Drive in Mesa, Arizona, 5222 E. Baseline Road in Gilbert, Arizona, 811 N.
Tegner in Wickenburg, Arizona, 14050 & 14100 North 83rd Avenue in Peoria,
Arizona, and 9150 W. Indian School Road in Phoenix, Arizona; (6) commercial
office space located at 924 N. Country Club Drive in Mesa; (7) land located at
10917 E. Main Street in Mesa, Arizona and 10617 E. Oasis Drive in Mesa,
Arizona; and (8) building at 244 North Extension Road, Mesa, Arizona (the “New
Money Projects”).
(f) fund any required reserves; pay capitalized interest on the Bonds, if any; and pay
costs and expenses incurred in connection therewith (together with the Refunded
Projects and the New Money Projects, the “Project”).
The Project will be owned and operated by the Borrower or its affiliates.
The principal of, premium, if any, and interest on the Bonds will not constitute an
indebtedness or liability of the Authority, the County of Maricopa, Arizona, the State of Arizona,
or any political subdivision of the State of Arizona, or a charge against their general credit or any
taxing powers, but shall be payable solely from the sources provided for in the proceedings
pursuant to which the Bonds are issued. The Authority has no taxing power.
This public notice is published pursuant to the requirements of Section 147(f) of the
Code. At the time and place set for the public hearing, interested persons will be given the
opportunity to express their views, both orally and in writing, on the proposed issue of Bonds,
the plan of finance, and the location and nature of the Project. Written comments may also be
submitted to the Authority at the following address: The Industrial Development Authority of the
County of Maricopa c/o Maricopa County, 10th Floor, 301 West Jefferson, Phoenix, Arizona
85003, Attention: President, and clearly marked: “Marc Community Resources, Inc. Project”.
Written submissions should be mailed in sufficient time to be received before the time of the
hearing.
This Notice is dated March 5, 2018.
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE COUNTY OF MARICOPA
Series 2018 Board of Supervisors Resolution 103844712_6