NOTICE OF THE BOARD OF PUBLIC WORKS, ACTING AS THE BOARD OF TRANSPORTATION OF THE CITY OF INDIANAPOLIS, INDIANA AND THE GOVERNING BODY OF THE METROPOLITAN THOROUGHFARE DISTRICT OF MARION COUNTY, INDIANA REGARDING A PRELIMINARY DETERMINATION TO ISSUE BONDS
Notice is hereby given that the Board of Public Works, acting as the Board of Transportation of the City of Indianapolis, Indiana (the "City") and the governing body of the Metropolitan Thoroughfare District of Marion County, Indiana (the "District"), on Wednesday, May 27, 2026, adopted a resolution (the "Resolution") making a preliminary determination to issue special taxing district bonds of the District, in one or more series, in an aggregate principal amount not to exceed One Hundred Sixty-One Million Fifteen Thousand Dollars ($161,015,000), pursuant to Indiana Code 6-1.1-20-5, for the purpose of financing the costs to (i) finance certain street, road, bridge, traffic signal, curb and sidewalk improvements, capitalized interest, if necessary, bond insurance premium, if necessary, forward delivery premium, if necessary, the costs of issuance and, if necessary, fund a debt service reserve and (ii) refund all or a portion of the District's outstanding IndyRoads Metropolitan Thoroughfare District Refunding Bonds, Series 2020 B (Federally Taxable) (the "2020 B Bonds"), including a tender of certain series and maturities of the 2020 B Bonds by their current bondholders, together with expenses incidental thereto, including all expenses permitted by Indiana Code 36-9-6.5-9 and all expenses incurred in connection with or on account of the issuance of the bonds therefore (collectively, the "Projects"). The Projects are more particularly described in the Resolution, which is on file and can be inspected during normal business hours at the office of the Department of Public Works, located at the City-County Building, Suite 2460.
Dated this 29th day of May, 2026.
BOARD OF PUBLIC WORKS OF THE CITY OF INDIANAPOLIS, INDIANA
May 29, June 5 2026
LSBN0524263