NOTICE OF ADOPTION OF A RESOLUTION OF THE CITY OF WASHINGTON, INDIANA, REDEVELOPMENT COMMISSION DECLARING THE SOUTHEAST WASHINGTON ECONOMIC DEVELOPMENT AREA, APPROVING AN ECONOMIC DEVELOPMENT PLAN AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENT FINANCING AND OF A PUBLIC HEARING RELATING THERETO

Notice is hereby given that the City of Washington, Indiana, Re-development Commission (the “Commission”), the governing body of the City of Washington Department of Redevelopment and the Redevelopment District of the City of Washington, Indiana, on June 9, 2008, approved and adopted a resolution (the “Declaratory Resolution”) declaring that an area within the City of Washington, Indiana (the “City”) designated as the “Southeast Washington 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 in the office of the Department of Redevelopment, Washington City Hall, 200 Harned Avenue, Washington, Indiana.

The Declaratory Resolution further found and determined, based on the evidence submitted to the Commission, that the public health and welfare will be benefited by the accomplishment of the Economic Development Plan (referred to below) for the Economic Development Area, and that the establishment of the Economic Development Area will be of public utility and benefits as measured by the attraction of permanent jobs, an increase in property tax base, improved diversity of the economic base or similar 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.

The Declaratory Resolution further approved and adopted an economic development plan to serve as the Economic Develop-ment Plan for the Economic Development Area.

Notice is further given that on Wednesday, June 25, 2008, at 5:30 p.m. (local time), in the City Council Chambers, located at 200 Harned Avenue, Washington, Indiana, the Commission will conduct a public hearing to receive and hear persons interested in or affected by the Proceedings pertaining to the proposed Project for the redevelopment or economic development of the Economic Develop-ment 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 in the office of the Department of Redevelopment, located at the Washington City Hall, 200 Harned Avenue, Washington, Indiana.

CITY OF WASHINGTON, INDIANA, REDEVELOPMENT COMMISSION

Dave Crooks, President

June 14, 2008