NOTICE OF PUBLIC HEARING
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 AN ADDITIONAL APPROPRIATION
The Board of Public Works, acting as the Board of Transportation (the "Board") of the City of Indianapolis, Indiana (the "City") and the governing body of the Metropolitan Thoroughfare District of Marion County, Indiana (the "District"), will hold a public hearing on Wednesday, June 10, 2026, at 1:00 p.m. (local time), in the Public Assembly Room at the City-County Building, located at 200 East Washington Street, Indianapolis, Indiana, to consider the following additional appropriation which is in addition to all appropriations provided for in the existing budget and tax levy of District:
An appropriation of the proceeds of the proposed "City of Indianapolis, Indiana IndyRoads Metropolitan Thoroughfare District [Refunding] Bonds, Series 2026" (to be completed with the series designation, if applicable, and any other appropriate designation), to be issued in an aggregate principal amount not to exceed One Hundred Sixty-One Million Fifteen Thousand Dollars ($161,015,000), together with any investment earnings thereon, said proceeds to be applied for the purpose of procuring funds 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 therefor. Such projects are more particularly described in a resolution on file in the office of the Department of Public Works, located at the City-County Building, 200 East Washington Street, Suite 2460, Indianapolis, Indiana.
All interested parties may appear at such hearing and have the right to be heard on the necessity of such additional appropriation.
Dated this 29th day of May, 2026.
BOARD OF PUBLIC WORKS OF THE CITY OF INDIANAPOLIS, INDIANA
May 29 2026
LSBN0524236