IRMA Exemption

Idaho Health Facilities Authority (the “Authority”) has retained Ponder & Co. (“Ponder”) to serve as its Independent Registered Municipal Advisor (“IRMA”). Specifically, the Authority is represented by Michael Tym among others. The Authority is represented by, and will rely on, Ponder to provide advice in evaluating recommendations or advice from investment banks concerning the issuance of municipal securities and municipal financial products (including municipal derivatives, the investment of proceeds of debt issues, and escrow securities) as all such terms are defined in the SEC’s Municipal Advisor Rule.

Investment banks are asked to send copies of all written analyses to Ponder and must endeavor to include Ponder as a party to all correspondence and communication concerning municipal financial products.

This exemption is valid and may only be relied upon until December 31, 2023.