NOTICE OF PUBLIC HEARING OF THE CITY OF WARSAW, INDIANA, REDEVELOPMENT COMMISSION REGARDING ADDITIONAL APPROPRIATION The City of Warsaw, Indiana, Redevelopment Commission (the "Commission") will hold a public hearing on May 2, 2011 at 12:00 p.m. (noon) (local time) in the Council Chambers located at City Hall, 302 East Market Street, Warsaw, Indiana, 46580, to consider the following additional appropriation which is in addition to all appropriations provided for in the existing budget and tax levy: An appropriation of the proceeds of the City of Warsaw, Indiana, Redevelopment Commission Taxable Tax Increment Special Taxing District Bonds, Series 2011 (the "Bonds"), in an aggregate principal amount not to exceed Three Million and 00/100 Dollars ($3,000,000.00), together with investment earnings thereon, said proceeds to be applied for the purpose of procuring funds to pay for the cost of redevelopment and economic development in or serving the Northern Economic Development Allocation Area (the "Area"), including, without limitation, financing a portion of the acquisition costs of the equipment required for Winona PVD Coatings, LLC to implement a second manufacturing line at its facility, located at 1180 Polk Drive, Warsaw, Indiana. All interested parties may appear at such hearing and have the right to be heard on the necessity of such additional appropriation. Dated this 22nd day of April, 2011. CITY OF WARSAW, INDIANA REDEVELOPMENT COMMISSION a22