NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN THAT the County Council of Horry County (hereinafter called the "County Council"), the governing body of Horry County, South Carolina (the "County"), has determined that it may be in the interest of the Horry County Higher Education Commission, South Carolina (hereinafter called the "Commission") to raise moneys through the issuance of not exceeding $7,100,000 of general obligation bonds of the Commission (the "Bonds") in order to provide funds (i) to pay the costs of acquiring approximately 11.19 acres of real property from Southern Asphalt Holdings or its successors, assigns, or affiliates, and approximately 21.02 acres of real property from JP Jordan & Associates, LLC or its successors, assigns, or affiliates, proximate to the main campus of Coastal Carolina University (the "Project"), and (ii) to pay the costs of issuance of the Bonds. The Commission estimates that the costs of acquiring the Project, together with the costs of issuance of the Bonds, will not exceed $7,100,000. The purpose of the Project is to enhance higher education offerings in the County. Therefore, the County Council has ordered a public hearing to be held upon the question of the issuance of the Bonds in accordance with the provisions Title 6, Chapter 11, Article 5 of the Code of Laws of South Carolina 1976, as amended (hereinafter called the "Enabling Act"). A public hearing will be held in the Horry County Council Chambers in the Government and Justice Center, located at 1301 Second Ave, Conway, South Carolina 29526, on the 16th day of September at 6:00 p.m., on the question of the issuance of the Bonds, the proceeds of which will be expended to defray the cost of the Project as described above and issuance costs thereof. For the payment of the principal of and interest on the Bonds as they respectively mature and for the creation of such sinking fund as may be necessary therefor, the full faith, credit and taxing power of the Commission shall be irrevocably pledged, and there shall be levied on all taxable property within the boundaries of the Commission ad valorem taxes sufficient in amount to pay said principal and interest on the Bonds. The Commission proposes the issuance of the Bonds to defray the costs associated with the Project as described above and the costs of issuance of the Bonds. The aforesaid hearing shall be conducted publicly and both proponents and opponents of the proposed action shall be given full opportunity to be heard in person or by counsel. Following the hearing, the County Council shall, by ordinance, make a finding as to whether and to what extent the Bonds should be issued and may thereupon authorize the governing body of the Commission to issue the Bonds to the extent it shall be found necessary. The Commission is authorized to provide, inter alia, suitable facilities and accommodations for institutions of higher learning in the County. The Enabling Act provides that bonds issued thereunder must be authorized by the governing body of the County wherein the Commission is empowered to provide its services. COUNTY COUNCIL OF HORRY COUNTY IPL0265759 Aug 24,31,Sep 7 2025