Monday, September 16, 2013

NOTICE OF PUBLIC HEARING OF THE DEARBORN COUNTY ECONOMIC DEVELOPMENT COMMISSION Sept 30


NOTICE OF PUBLIC HEARING OF THE 

DEARBORN COUNTY ECONOMIC DEVELOPMENT COMMISSION 

 

Notice is hereby given that the Dearborn County Economic Development Commission will hold a public hearing at 5:30 p.m., local time, on Monday, September 30, 2013, in the Administration Building, Commissioner’s Room, 215B West High Street, Lawrenceburg, IN 47025, concerning the proposed issuance by Dearborn County, Indiana (the “County”) of its  Economic Development Revenue Bonds (Whitewater Mill Project), in an aggregate principal amount not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Bonds”).  The County will provide the proceeds of the Bonds to Whitewater Mill, LLC, or an affiliated entity  (the “Borrower”), to finance all or a portion of the costs of the acquisition, construction, renovation and equipping of land and/or facilities for use by the Borrower in its milling and related operations in the County, including working capital costs, which will be located in the West Harrison Expanded Economic Development Area (the “Area”), created by the Dearborn County Redevelopment Commission in the County.

 

The Bonds will not be an indebtedness or general obligation of the County and will not be payable in any manner by the taxing power of the County.  The Bonds and the interest payable thereon will be payable solely from certain revenues and properties, including certain tax increment revenues derived from the Area, as described in the agreements of the County concerning the financing of the economic development facilities.

 

At the time and place fixed for the public hearing, all taxpayers, residents or interested persons will be given an opportunity to express their views for or against the proposed financing in writing or in person.

 

Dated this 17th day of September, 2013.

 

                                                                     DEARBORN COUNTY ECONOMIC                                                                                               DEVELOPMENT COMMISSION

 

 

 

 

TO BE PUBLISHED ONE TIME IN EACH OF THE  DEARBORN COUNTY REGISTER AND JOURNAL PRESS ON SEPTEMBER 17 AND 19, 2013.]

 

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