TERRE HAUTE ECONOMIC DEVELOPMENT COMMISSION NOTICE OF PUBLIC HEARING The Terre Haute ("City") Economic Development Commission ("Commission") will hold a public hearing at 4:00 p.m. on February 12, 2015, in the Board of Public Works Conference Room, 1st Floor, City Hall, 17 Harding Avenue, Terre Haute, Indiana, regarding a proposed financing of economic development facilities, including the acquisition, rehabilitation, construction and equipping of an eight-story apartment building with first floor commercial space and construction of related infrastructure, together with all related improvements, appurtenances and equipment ("Project") by Deming Renaissance, LLC ("Company"), in or physically connected to the Central Business District Urban Renewal and Tax Allocation Area ("Area"); (ii) the issuance of its Taxable Economic Development Revenue Bonds, Series 2015 (Deming Project) ("Bonds") in the aggregate principal amount not to exceed One Million Four Hundred Thousand Dollars ($1,400,000) to finance the Project and costs of issuance; and (iii) to consider whether this financing will have an adverse competitive effect on any similar facilities already constructed or operating in the City. The Bonds will be issued by the City pursuant to IC 36-7-11.9, 36-7-12, 36-7-14 and 36-7-25, and an ordinance adopted by the Common Council ("Ordinance"). The Bonds will not be a general obligation of the City and will not be payable in any manner by taxation, but are proposed to be payable from TIF Revenues (as defined in the Trust Indenture), collected in the Allocation Area, the boundaries of which are coterminous with the Area, and as otherwise provided in the Financing Agreement, the Trust Indenture and the Ordinance. Proceeds of the economic development financing will be used for the costs of the construction of the Project to be located at 615 Cherry Street, Terre Haute, Indiana, 47807. The public hearing is being held pursuant to IC 36-7-12-24. The public is invited to attend and comment on any of the matters herein noted. Written comments may also be submitted to the Secretary of the Commission until February 12, 2015, by delivering such comments to the Department of Redevelopment, Room 301, City Hall, 17 Harding Avenue, Terre Haute, Indiana. Dated: February 2, 2015. TERRE HAUTE ECONOMIC DEVELOPMENT COMMISSION Any individual who requires an auxiliary aid or service for effective communication, or a modification of policies or procedures to participate in a public meeting, program, service, or activity of the City of Terre Haute, should contact Jeff Lorick, ADA Coordinator, 1101 South 13th Street, Terre Haute, IN 47807, (812) 232-0110, as soon as possible, but no later than 48 hours before the scheduled event. 121041 TS 2/2/15 hspaxlp
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