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Notice Of Public Hearing: State Of Texas College Student Loan Refunding Bonds
May 21, 2019 @ 9:00 am - 10:00 am
NOTICE IS HEREBY GIVEN of a public hearing to be held by the Texas Higher Education Coordinating Board (the “Issuer”) on May 21, 2019, at 9:00 a.m., at the offices of the Issuer, 1200 East Anderson Lane, Room 1.170/Board Room, Austin, Texas, 78752, with respect to the issuance of one or more series of State of Texas College Student Loan Refunding Bonds (the “Bonds”) to be issued by the Issuer in an aggregate amount of not more than $60,000,000, the proceeds of which will be used by the Issuer to refund certain student loan bonds that were previously issued by the Issuer to originate student loans to student borrowers at eligible institutions of higher education in the State of Texas under Chapter 52, Texas Education Code (the “Loan Program”) to achieve a debt service savings. A description of the Loan Program and particular bonds to be refunded have been and will be kept on file at the office of the Issuer at the address set forth above. The Bonds will be general obligations of the State of Texas.
All interested persons are invited to attend such public hearing to express their views with respect to the Loan Program and the proposed issuance of the Bonds. Questions or requests for additional information may be directed to Ken Martin, Assistant Commissioner – Financial Services / Chief Financial Officer, 1200 East Anderson Lane, Austin, Texas, 78752.
Persons who plan to attend are encouraged, in advance of the public hearing, to inform the Issuer either in writing or by telephone at (512) 427?6173. Any interested persons unable to attend the hearing may submit their views in writing to the Issuer prior to the date scheduled for the hearing.
This notice is published and the above described hearing is to be held in satisfaction of the requirements of section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the public hearing prerequisite to the exclusion from gross income for federal income tax purposes of the interest on the Bonds.
