Public Hearings

The Maryland Economic Development Corporation (MEDCO) is committed to transparency and public engagement in our economic development initiatives. This page contains notices for upcoming public hearings related to MEDCO projects and other matters of community interest.

Notices of Public Hearings

NOTICE OF PUBLIC HEARING
PROPOSED ISSUE OF PRIVATE ACTIVITY REVENUE BONDS BY THE
MARYLAND ECONOMIC DEVELOPMENT CORPORATION
FOR THE BENEFIT
OF
MEALS ON WHEELS OF CENTRAL MARYLAND, INC.
AND MOWCM 701 SWANN LLC

The Maryland Economic Development Corporation (the “Corporation”) will hold a public
hearing on July 20, 2026, at 2:00 p.m. local time. The hearing is open to the public via telephonic
conference call. The toll-free dial-in number is (888) 802-5550, and the passcode is 5550#. The
purpose of the meeting is to consider the following:

The issuance and sale by the Corporation, pursuant to Sections 10-101 et seq. of the
Economic Development Article of the Annotated Code of Maryland, as amended, of one or more
series of its non-recourse limited obligation revenue bonds, pursuant to a plan of finance, in an
aggregate principal amount not to exceed $30,000,000 (the “Bonds”).

The purpose of the public hearing is to permit any person to testify orally or in writing
concerning the issuance of the Bonds or the location and nature of the facilities to be financed or
refinanced with the proceeds of the Bonds.

The Bonds are anticipated to be qualified 501(c)(3) bonds as defined in Section 145 of the
Internal Revenue Code for a meal preparation and related services facility and other expenditures
described herein. The proceeds of the Bonds will be lent by the Corporation to Meals on Wheels
of Central Maryland, Inc., Maryland nonstock corporation incorporated for non-profit purposes
(the “Institution”), and the Institution’s wholly-owned subsidiary, MOWCM 701 SWANN LLC,
a Maryland limited liability company (“MOWLLC”), as co-borrowers, in order to (i) finance or
refinance the acquisition, construction, renovation or equipping of certain facilities, including
(without limitation) the acquisition of real property located at 701 Swann Avenue, Baltimore,
Maryland 21229 and the construction and equipping of a 40,000 square foot, two-story building
on such property for use by the Institution and other related capital improvements, (ii) finance
capitalized interest on the Bonds, (iii) fund reserves, if any, and (iv) pay costs of issuance relating
to the Bonds and other permitted closing costs (the “Project”). The Project may also include land
or interests in land, buildings, structures, renovations, machinery, equipment, furnishings or other
real or personal property located on the same site as the Project.

The Project will be located at the address set forth above. MOWLLC, a disregarded entity,
wholly-owned by the Institution, will be the initial legal owner of the Project. The Institution will
be the initial principal user of the Project. The maximum aggregate principal amount of the Bonds
issued with respect to the Project will be $30,000,000, as stated above. The Bonds will be issued
pursuant to a plan of financing which may entail the financing or refinancing of the Bonds.

The public hearing will be held to meet the requirements imposed by Section 147(f) of the
Internal Revenue Code to the extent applicable to the Bonds.

Interested persons are invited to attend the public hearing by telephone and will have a
reasonable opportunity to express their views, both orally and in writing, on the proposed issuance
of the Bonds and the location and nature of the proposed facilities to be financed or refinanced.
Written statements may be submitted to the Corporation at or prior to the time of the public hearing.
Any written statement submitted prior to the hearing should be sent to the following address:
Maryland Economic Development Corporation, 7 St. Paul Street, Suite 940, Baltimore, Maryland
21202, Attention: Executive Director.

MARYLAND ECONOMIC DEVELOPMENT
CORPORATION
J. Thomas Sadowski, Jr.
Executive Director

Document Title Goes Here

Additional Details can go here