NOTICE OF PUBLIC HEARING OF THE TOWN OF BROWNSBURG ECONOMIC DEVELOPMENT COMMISSION Notice is hereby given that the Economic Development Commission (the "Commission") of the Town of Brownsburg, Indiana (the "Town") will hold a public hearing pursuant to IC 36-7-12-24 at 5:00 p.m. local time on Wednesday, August 17, 2016, in the Council Meeting Room of the Town Hall, 61 N. Green Street, Brownsburg, Indiana, to consider any and/or all of the following items as may be determined necessary by the Commission: (i) regarding the proposed assignment and assumption agreement of that certain economic development loan in the total aggregate amount not to exceed $650,000 and agreement by and between the Town and Heritage Hills, LLC (the "Assignment") by Heritage Project I, LLC (the "Assignee"); (ii) to provide a reasonable opportunity for interested individuals to express their views on the proposed Assignment; (iii) to determine whether said Assignment will have an adverse competitive effect on any similar facilities already constructed or operating in or near the Town; and/or (iv) to determine whether the proposed Assignment complies with I.C. 36-7-12. A copy of the Assignment may be reviewed at the office of the Town Manager during normal business hours. The public is invited to attend and comment on any of the matters herein noted, and all taxpayers, residents or interested parties who appear will be given a reasonable opportunity to express their views on the proposed Assignment. If you are unable to attend the public hearing, written comments concerning any of the matters herein noted may be addressed to Grant Kleinhenz, Town Manager, 61 N. Green Street, Brownsburg, IN 46112 and must be received no later than 4:00 p.m. on August 17, 2016. If the Commission shall find for itself and on behalf of the Town that the proposed Assignment will be of benefit to the health or general welfare of the Town and complies with the purposes and provisions of IC 36-7-12, the Commission will adopt a resolution, and the Town Council of the Town will adopt an ordinance, approving the proposed Assignment. Dated: August 1, 2016 TOWN OF BROWNSBURG ECONOMIC DEVELOPMENT COMMISSION HCF-599 08/06 #1223673 hspaxlp
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