NOTICE OF CANCELLATION OF PUBLIC HEARING

August 5, 2014

NOTICE OF CANCELLATION OF PUBLIC HEARING
The Bluffton Economic Development Commission (“Commission”) published a public notice on July 22, 2014, regarding a public hearing on behalf of the City of Bluffton, Indiana (the “Issuer”), to be held at 5:00 p.m. on August 5, 2014, at the City Hall, Council Chambers, in Bluffton, Indiana, (the “Public Hearing”) regarding the issuance by the Issuer of the City of Bluffton, Indiana Revenue Bonds, Series 2014 (River Terrace Estates, Inc. Project) (the “Bonds”) in one or more series in an aggregate principal amount not to exceed Ten Million Dollars ($10,000,000) to be used for the purpose of providing funds to River Terrace Estates, Inc. (the “Borrower”), an Indiana nonprofit corporation. The Borrower has requested the Commission cancel the Public Hearing in order to provide the Borrower additional time regarding its proposed plan of refinancing the outstanding City of Bluffton, Indiana Revenue Bonds, Series 2001A (River Terrace Estates, Inc. Project) and the City of Bluffton, Indiana Revenue Bonds, Series 2001B-1 and 2001B-2 (River Terrace Estates, Inc. Project) Extendable Rate Adjustable Securities (EXTRAS) (collectively, the “Prior Bonds”) the proceeds of which were loaned to the Borrower and used to finance and refinance a portion of the costs of constructing, acquiring, renovating and equipping the continuing care retirement community owned and operated by the Borrower and located at 400 Caylor Boulevard in Bluffton, Indiana, as permitted by Indiana Code 36-7-11.9 and 12, et seq., as supplemented and amended (the “Act”). Therefore, the Public Hearing will not be held on August 5, 2014. Any notice of a subsequently scheduled public hearing that may be required in connection with the matters herein described will be provided as required under Indiana Code 36-7-11.9 and 12, et seq., as supplemented and amended (the “Act”) and Section 147(f) of the Internal Revenue Code of 1986, as amended.
NOTICE DATED: Aug. 5, 2014.
BLUFFTON ECONOMIC DEVELOPMENT COMMISSION
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