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WARSAW - REDEVELOPMENT COMMISSION

Posted
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 October 5, 2015, at 12:00 a.m. (local time) in the Council Chambers located at City Hall, 102 S. Buffalo 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 2015 (the "Bonds"), in an aggregate principal amount not to exceed Eight Hundred Sixty-five Thousand and 00/100 Dollars ($865,000.00), 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 new manufacturing equipment required for Winona PVD Coatings, LLC (the "Company") to expand its manufacturing capability.
    All interested parties may appear at such hearing and have the right to be heard on the necessity of such additional appropriation.  
    Dated this 11th day of September, 2015.
      CITY OF WARSAW, INDIANA
                              REDEVELOPMENT COMMISSION
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