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PUBLIC NOTICE
ON: April 15, 2008 AT: 7:00 PM LOCATION: Cicero Town Hall NOTICE OF ADOPTION OF A RESOLUTION Notice is hereby given that the Town of Cicero Redevelopment Commission (the "Redevelopment Commission"), the governing body of the Town of Cicero Department of Redevelopment and the Redevelopment District of the Town of Cicero, Indiana, on February 28, 2008, approved and adopted a resolution (the "Declaratory Resolution") declaring that an area within the Town of Cicero, Indiana (the "Town"), designated as the "Southeast Cicero Economic Development Area" (the "Economic Development Area"), is an economic development area within the meaning of Indiana Code 36-7-14, as amended (the "Act"), which Economic Development Area is more particularly described as on file at the Office of the Clerk-Treasurer, located at 150 West Jackson Street, Cicero, Indiana. The Declaratory Resolution further found and determined, based on the evidence submitted to the Redevelopment Commission, that the public health and welfare will be benefited by accomplishment of the Economic Development Plan (referred to below) for the Economic Development Area, and that the accomplishment of the Economic Development Plan will be a public utility and benefit as measured by the attraction or retention of permanent jobs, an increase in the property tax base and other similar public benefits. The Declaratory Resolution further declared that for purposes of the allocation provisions of Section 39 of the Act, the entire Economic Development Area shall constitute an "allocation area," as defined in the Act, for purposes of capturing taxes on certain real property located in the Economic Development Area in excess of the taxes attributable to the assessed value of such real property as of March 1, 2007, all in accordance with the Declaratory Resolution and the Act. The Declaratory Resolution further approved and adopted an economic development plan to serve as the Economic Development Plan for the Economic Development Area. Notice is further given that on April 15, 2008, at 7:00 p.m., at the Cicero Town Hall, 70 North Byron Street, Cicero, Indiana, the Redevelopment Commission will conduct a public hearing to receive and hear remonstrances and objections from persons interested in or affected by the proceedings pertaining to the proposed Project for the redevelopment or economic development of the Economic Development Area and to determine the public utility and benefit of such Project. Maps and plats of the Economic Development Area have been prepared and can be inspected along with the Economic Development Plan at the Office of the Clerk-Treasurer, located at 150 West Jackson Street, Cicero, Indiana. This notice supersedes the notice regarding this hearing that was published on March 21, 2008. Dated: April 1, 2008. [To be published one time on Friday, April 4, 2008, in The Noblesville Ledger and posted on or before Friday, April 4, 2008, at the Cicero Town Hall.]
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