Notice is hereby given, pursuant to Section 147(f) of the Internal Revenue Code of 1986
(the “Code”), as amended, and Act No. 852 of the Acts of Arkansas of 1987, that a public hearing
will be conducted by a representative or representatives of the Arkansas Development Finance
Authority (the “Authority”) with respect to the proposed issuance by the Authority of its resource
recovery revenue bonds in an aggregate principal amount not to exceed $500,000,000 (the
“Bonds”), to be issued as part of a plan of finance in one or more series for Weyerhaeuser
Company, or one of its affiliates (the “Company”).
The proceeds of the Bonds will be loaned to the Company and used to (a) finance or
refinance, in whole or in part, the costs of acquisition, construction, installation and equipping of
solid waste disposal facilities, within the meaning of Section 142(a)(6) of the Code, comprising all
or portions of a TimberStrand® facility that includes buildings, infrastructure, improvements, and
equipment for the manufacture, refinement and/or processing of wood, lumber, and engineered
wood products and related facilities located on approximately 435 acres of property mostly
southwest of the intersection of State Highway 278 and C.L. Lipton Industrial Parkway in Drew
County, Arkansas (the “Project”), (b) finance or refinance, in whole or in part, the costs of
acquisition, construction, installation and equipping of various facilities and infrastructure owned
and operated by the Company at the same site as the Project, (c) fund capitalized interest and/or
debt service reserve accounts, if any, and (d) pay certain costs of issuing the Bonds. The
Company’s affiliate, Weyerhaeuser NR Company, or a different affiliate, will be the owner and
operator of the Project.
The Bonds will be issued pursuant to Arkansas Code Annotated Sections 15-5-101 et seq.,
and a resolution to be adopted by the Board of Directors of the Authority. The Bonds will not be
secured by or payable from any revenues or property of the Authority, the State of Arkansas or
any political subdivision thereof, and will not constitute an indebtedness of the Authority, the State
of Arkansas or any political subdivision thereof within the meaning of any constitutional or
statutory provision.
Any persons interested may express their views, either orally or in writing, on the proposed
issuance of the Bonds before the representative or representatives of the Authority on Monday,
September 29, 2025, at 10:00 a.m. at the offices of the Monticello Economic Development
Commission located at 211 West Gaines Street, Monticello, Arkansas 71655. At such hearing all
objections and suggestions will be heard and considered.
Up to the date and time of the public hearing, any persons interested may present their
views, either orally or in writing, on the proposed issuance of the Bonds to Jake Bleed, the
Authority’s Chief Legal Counsel. Mr. Bleed’s e-mail address is jake.bleed@arkansas.gov, and his
phone number is 501.682.5927.
Any supplemental information becoming available after the date of this publication with
respect to the public hearing will be posted to the Authority’s public website found at
https://adfa.arkansas.gov/.
September 12, 2025
/s/ Robert “Ro” Arrington
Interim President and Vice President of Homeownership &
Public Finance, Arkansas Development Finance Authority