NOTICE OF DETERMINATION TO ISSUE BONDS OF THE TOWN OF CHESTERTON, INDIANA

Taxpayers of the Town of Chesterton, Indiana ("Town") are notified that the Town Council did, on June 28, 2010, adopt an ordinance authorizing the issuance of bonds of the Town in an amount not to exceed $2,000,000 for the purpose of providing funds for the cost of constructing a new municipal building. The bonds are to bear interest at a rate or rates not to exceed 6.5% per annum (the exact rate or rates to be determined by bidding) and are to mature semiannually on January 1 and July 1 of each year with a final maturity no later than January 1, 2026, and are to be payable from property taxes levied and collected on all taxable property in the Town.

Dated this 14th day of July, 2010.

TOWN OF CHESTERTON, INDIANA

/s/ Gayle Polakowski,

Clerk-Treasurer

(July 14, 21, 2010)