THERETO.

TICE OF THE PEACE DISTRICT 12; RODNEY DAVIS, CONSTABLE, BLACK OAK; MICHAEL RAY BASS, CONSTABLE, PROCTOR; BILLY THOMEN, CONSTABLE, LUCAS; EDDIE C. WEST, CONSTABLE, MISSISSIPPI TOWNSHIP; GARY RAY KELLEY, CONSTABLE, JASPER; STEVE JOHNSON, CONSTABLE, JACKSON.

*** UNOPPOSED NONPARTISAN CANDIDATES FOR OFFICE DISTRICT JUDGE FRED THORNE, STATE DISTRICT COURT DISTRICT 21; RICHARD LUSBY, CIRCUIT JUDGE, DISTRICT 2 DIVISION 2, AT LARGE; *** ORDINANCE NO. 2015-18 AN ORDINANCE AMENDING ORDINANCE NO 2015-7 IN ORDER TO AUTHORIZE THE NET COLLECTIONS OF THE 1% SALES AND USE TAX LEVIED FOR A FIVE (5) YEAR PERIOD WITHIN CRITTENDEN COUNTY, ARKANSAS BY ORDINANCE NO 2015-7 TO BE USED TO CONSTRUCT AND EQUIP A NEW MEDICAL SURGICAL HOSPITAL FACILITY IN THE COUNTY OR TO PAY AND SECURE BONDS ISSUED BY THE COUNTY ANDAPPROVED BYTHE VOTERS TO FINANCE ALL OR A PORTION OF THE COSTS OF SUCH CONSTRUCTION AND EQUIPPING, OR BOTH, AND , TO THE EXTENT COLLECTIONS OF THE TAX ARE AVAILABLE , TO PAY COSTS OF INSURANCE ON, UTILITIES FOR, MAINTENANCE AND REPAIRS OF, AND PROPERTY AND AD VALOREM TAXES ON, THE NEW HOSPITAL, AS WELL AS THE COST OF CERTAIN HEALTH CARE-RELATED SERVICES TO BE PROVIDED BY THE NEW HOSPITAL THAT ARE CONTRACTED FOR BY THE BAPTIST MEMORIAL HEALTH CARE CORPORATIONS ON BEHALF OF THE COUNTY; AND PRESCRIBING OTHER MATTERS PERTAINING

THERETO.

HOSPITAL BONDS ISSUANCE OF BONDS OF CRITTENDEN COUNTY IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $25,150,000 FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF THE CONSTRUCTION AND EQUIPPING OF A NEW MEDICAL SURGICAL HOSPITAL FACILITY (THE'NEW HOSPITAL'). THE NEW HOSPITAL WILL BE LEASED TO BAPTIST MEMORIAL HEALTH CARE CORPORATION, A TENNESSEE NONPORFIT CORPORATION, OR AN AFFILIATE THEREOF ('BAPTIST'). BAPTIST WILL HAVE THE OPTION TO PURCHASE THE NEWHOSPITAL FOR NOMINAL CONSIDERATION ON OR AFTER THE TENTH ANNIVERSARY OF THE OPENING OF THE NEW HOSPITAL IN EXCHANGE FOR BAPTIST'S AGREEMENT TO OPERATE THE NEW HOSPITAL FOR 15 YEARS AFTER BAPTIST PURCHASES THE NEW HOSPITAL. THE BONDS WILL BE SECURED BYA PLEDGE AS COLLATERAL OF THE COLLECTIONS RECEIVED BY THE COUNTY FROM THE LOCAL 1% SALES AND USE TAX CURRENTLY LEVIED WITH THE COUNTY FOR A FIVE (5) YEAR PERIOD BY ORDINANCE NO. 2015-7, AS AMENDED. THAT PORTION OF SUCH TAX COLLECTIONS NOT USED FOR THE PAYMENT OF THE BONDS MAY BE USED FOR OTHER PURPOSES APPROVED BY THE VOTERS. THE BONDS MAY BE ISSUED AT ONE TIME OR IN SERIES FROM TIME TO TIME. PROCEEDS OF THE BONDS MAY FUND A DEBT SERVICE RESERVE AND PAY EXPENSES OF ISSUING THE BONDS. IF THE BONDSAREAPPROVED, THE COUNTY MAY, PRIOR TO THE ISSUANCE OF THE BONDS, OBTAIN SUCH INTERIM FINANCING AS PERMITTED BY

ARKANASAS LAW.