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Notice Of Public Hearing

NOTICE OF PUBLIC HEARING Proposed Issue of Revenue Notes by the Maryland Clean Energy Center The Maryland Clean Energy Center ("MCEC"), or an authorized representative thereof, will hold a public hearing on Wednesday, December 20, 2017 at 10:00 a.m. in the offices of MCEC at 1212 West Street, Suite 200, Annapolis, Maryland 21401, in connection with the issuance by MCEC, pursuant to the Maryland Clean Energy Center Act, Section 10-801 through 10-854, inclusive, of the Economic Development Article of the Annotated Code of Maryland, as amended, of one or more issues or series of its non-recourse, limited obligation revenue notes or bonds in an aggregate principal amount not to exceed $7,500,000 (the "Notes"), the proceeds of which will be used to (i) finance or refinance the costs of the acquisition, construction, installation, renovation and equipping of certain energy and/or facility improvement and conservation measures on the campus of Mount Saint Mary's University, Inc. (the "University"), located at 16300 Old Emmitsburg Road, Emmitsburg, Maryland, and (ii) finance certain costs relating to the issuance of the Notes and other related eligible costs. Such energy and/or facility improvement and conservation measures will be owned by MCEC and operated by the University (as MCEC's designee) and will consist of, without limitation, lighting upgrades, water conservation improvements, building envelope improvements, steam system improvements, steam deaerators, condensate separation systems, chillers, heating and cooling units, hot water boilers, standby electrical power infrastructure, air and water re-balance improvements, cooling towers, condenser water piping systems, air handling systems, economizers, generators, water softening systems, controls upgrades, kitchen hood improvements, freezer and cooler upgrades, voltage optimization systems, and such other equipment necessary or desirable in connection with such energy and/or facility improvement and conservation measures. None of MCEC, the State of Maryland (the "State") or any political subdivision of the State shall be obligated to pay the debt service on the Notes or any other obligation with respect thereto except from revenues or other moneys made available to MCEC for such purpose and pledged to the payment of the Notes, and neither the faith and credit nor the taxing power of MCEC, the State or any political subdivision of the State is pledged to the payment of the principal of, premium, if any, or the interest on the Notes. MCEC has no taxing power. This notice is given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended. Any person interested in the proposed issuance of the Notes or the location or nature of the proposed energy and/or facility improvement and conservation measures may appear at the hearing and testify or present written comments concerning the proposed measures and the proposed issuance of the Notes. Any written statement submitted prior to the hearing should be sent to the MCEC Executive Director at the address of the hearing specified above. MARYLAND CLEAN ENERGY CENTER Dated: December 6, 2017

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