Legal Notice NOTICE OF PUBLIC HEARING CONCERNING THE ISSUANCE OF BONDS BY THE PUBLIC FINANCE AUTHORITY AND A PLAN OF FINANCE FOR CITADEL HOUSING I, INC. NOTICE IS HEREBY GIVEN that the City Council of the City of Mentor, Ohio (the “City”), will conduct a public hearing concerning the approval of the issuance of certain revenue bonds, in an aggregate principal amount not to exceed $25,000,000 (the “Bonds”), pursuant to Section 66.0304 of the Wisconsin Statutes, as amended, by the Public Finance Authority (the “Authority”), a commission organized under and pursuant to the provisions of Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended. The Bonds may be issued pursuant to a plan of finance in one or more series as either tax-exempt or taxable obligations. The Bonds will be special limited obligations of the Authority payable solely from the loan payments to be made by Citadel Housing I, Inc., a Georgia nonprofit corporation, or a to-be-formed affiliate thereof (the “Borrower”), to the Authority, and certain funds and accounts established by a trust indenture and loan agreement related to the Bonds. Proceeds of the Bonds will be used by the Borrower for a plan of finance and refinance comprised of the following purposes: (a) acquisition of facilities which provide assisted living and memory care services for seniors in Ohio, Minnesota and Pennsylvania, including but not limited to the assisted living and memory care facility located at 7685 Lakeshore Blvd, Mentor, OH 44060 (the “Salida Woods Project”); (b) funding certain reserves; and (c) paying costs of issuance of the Bonds (collectively, the “Project”). The Salida Woods Project will be owned by the Borrower and initially managed by New Perspective Senior Living, LLC. This notice is intended to comply with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended. All interested parties are invited to attend and present comments at the public hearing regarding the plan of finance, the issuance of the Bonds and the Salida Woods Project. The public hearing on the Bonds, plan of finance and financing of the Salida Woods Project will be held on July 7, 2026, at 5:30 p.m., in Council Chambers at the Mentor Municipal Center located at 8500 Civic Center Boulevard, Mentor, Ohio 44060. Dated: June 26, 2026. 2820891/June 26, 2026
