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RESOLUTION 2009-02-1 NOTICE TO THE PUBLIC OF ADOPTION OF THE RESOLUTION DESIGNATING AN ECONOMIC REVITALIZATION AREA WITHIN THE CORPORATE LIMITS OF THE CITY OF WARSAW, INDIANA AND PUBLIC HEARING ON SUCH DESIGNATION AND ON A REQUEST FOR ADOPTION OF WAIVER Notice is hereby given that on Jan. 20th, 2009, the Common Council of Warsaw, Indiana adopted Economic Revitalization Area Declaratory Resolution No. 2009-01-04, which Resolution provides in substance as follows: Whereas the real estate located at 2100 North Detroit Street, Warsaw, IN 46580, as more fully described in the Resolution ("Real Estate") as become undesirable for, or impossible of, normal development and occupancy, and the improvement of the Real Estate would benefit and would promote the welfare of all citizens and taxpayers in Warsaw, Kosciusko County, Indiana and the Warsaw Common Council found, declared, and designated the Real Estate to be an economic revitalization area as defined in Ind. Code § 6-1.1-12.1-1 ("ERA"). The Warsaw Common Council also declared that deductions for ten (10) years for new manufacturing equipment and real estate improvements installed in the ERA would be granted for qualified projects. A description of the affected area is available and can be inspected in the Warsaw Clerk's Office and the Warsaw Building and Planning Office. The Warsaw Common Council also found that it should approve the Statements of Benefits filed by Whimet, Inc. and Whimet Properties, LLC ("Company") for qualified projects located on the Real Estate for such 10 year abatement deductions. Finally, the Warsaw Common Council resolved to hold a public hearing to consider Company's request for the adoption of a waiver under Ind. Code § 6-1.1-12.1-11.3 regarding the requirement that an economic revitalization area must be designated before the initiation for the project for which a person desires a claim deduction under Ind. Code §6-1-1-12.1. A public hearing on these matters will be held by the Warsaw Common Council on Feb. 17, 2009, at 7:00 o'clock p.m. in the Council Chambers, 302 E. Market St., Warsaw, Indiana 46580. At this hearing, the Warsaw Common Council (1) will receive and hear all remonstrances and objections from interested persons. (2) shall take final action determining whether the qualifications for an economic revitalization area have been met and confirming, modifying and confirming, or rescinding the Resolution, after considering the evidence, and (3) shall take final action on the Statements of Benefits and the request for adoption of a waiver under Ind. § 6-1.1-12.1-11.3. Elaine Call, Clerk City of Warsaw, Indiana Dated: 01-29-09 j29
