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NOTICE TO THE PUBLIC OF ADOPTION OF RESOLUTION DESIGNATING AN ECONOMIC DEVELOPMENT TARGET AREA AND PUBLIC HEARING ON SUCH DESIGNATION Notice is hereby given that on December 7, 2009, the Common Council of the City of Warsaw, Indiana adopted Economic Development Target Area Declaratory Resolution No. 2009-12-02 which Resolution provides in substance as follows: Whereas the real estate located Husky Trail, Warsaw, IN 46582, as more fully described in the Resolution ("Real Estate") has 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, Indiana, the Warsaw Common Council found, declared, and designated the Real Estate to be an economic development target area as defined in Ind. Code § 6-1.1-12.1-7 ("EDTA"). The Warsaw Common Council also declared that deductions for five (5) years for new real estate improvements installed in the EDTA would be granted for qualified projects. A description of the affected area is available and can be inspected in the Warsaw Planning Office. The Warsaw Common Council also found that it should approve the Statement of Benefits filed by Martin's Super Markets, Inc. ("Martin's") for qualified projects located on the Real Estate for such 5 year abatement deductions. Whereas, the Warsaw Common Council resolved to hold a public hearing to consider Martin's request for the adoption of a Confirmatory Resolution. A public hearing on these matters will be held by the Warsaw Common Council on December 21, 2008, at 7:00 o'clock P.M. in the Council Chambers, 302 East Market Street, Warsaw, Indiana 46580. At this hearing, the Warsaw Council will (1) receive and hear all remonstrances and objections from interested persons (2) shall take final action determining whether the qualifications for an economic development target area have been met and conforming, modifying and confirming, or rescinding the Resolution after considering the evidence, and (3) shall take final action on the Statement of Benefits. Elaine Call, Clerk City of Warsaw, Indiana d11
