NOTICE OF PUBLIC HEARING ON
PROPOSED TAX-EXEMPT BOND FINANCING OF
THE VIRGINIA SMALL BUSINESS FINANCING AUTHORITY
Notice is hereby given that the Virginia Small Business Financing Authority (VSBFA) will hold a public hearing, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), regarding the application of Avports Manassas, LLC (with any successor owner entity described below, the "Applicant"), for VSBFA to issue, pursuant to the Virginia Small Business Financing Act (the "Act"), certain airport facility bonds, as defined in Section 142(a)(1) if the Code, in one or more series from time to time, pursuant to a plan of financing (the "Bonds") in an aggregate principal amount not to exceed $200,000,000. The Applicant has requested VSBFA to issue the Bonds to assist the Applicant in financing or refinancing the costs of the acquisition of or capital improvements to the Project, consisting of an airport terminal development and expansion, associated parking facilities and all related improvements and equipment located at the Manassas Regional Airport, at 10600 Harry J. Parrish, Manassas, Virginia 20110 (the "Project").
The public hearing, which may be continued or adjourned, will be held on March 10, 2026, at 12:00 P.M., before VSBFA, at 101 N. 14th Street, 11th Floor, Richmond, Virginia 23219.
As required by the Act, the Bonds will not pledge the faith and credit or the taxing power of the Commonwealth of Virginia or any political subdivision thereof, including VSBFA, and will be payable solely from revenues derived from the Applicant and pledged therefor. Any person interested in the plan of finance, the issuance of the Bonds or the location or purpose of the Project to be financed or refinanced may appear and be heard. A copy of the Borrower's application materials may be inspected at VSBFA's office at 101 N. 14th Street, 11th Floor, Richmond, Virginia 23219 during business hours.
NOTICE DATED: February 26, 2026