Marietta Daily Journal
Cobb County

Nov 30, 2012 | 98 views | email to a friend | print

M-7766 NOTICE TO THE PUBLIC YOU ARE HEREBY NOTIFIED that on the 11th day of December 2012, at 9:30 A.M., at the Cobb County Courthouse in Marietta, Georgia, the Judge of the Superior Court of Cobb County will hear the case of the STATE OF GEORGIA, Plaintiff, v. COUNTY DEVELOPMENT AUTHORITY OF COBB COUNTY and NOVELIS CORPORATION, Defendants, Civil Action File No. 12-1-11071-99, in the Superior Court of Cobb County, the same being a proceeding to confirm and validate an issue of the County Development Authority of Cobb County Taxable Industrial Development Revenue Bonds (Novelis Corporation Project), Series 2012 (the "Bonds"), in the principal amount of not to exceed $25,000,000. The Bonds are to be issued, in one or more series, by the Development Authority of Cobb County (the "Issuer") for the purpose of financing, in whole or in part, the cost of acquiring and constructing certain building improvements, equipment and other personal property to be located at a product research and development facility to be located in Cobb County, Georgia (the "Project") and to be operated by Novelis Corporation, a Texas corporation (the "Company"), in order to develop and promote for the public good and general welfare trade, commerce, industry and employment opportunities and to promote the general welfare of the State of Georgia. Said Project will be leased by the Issuer to the Company pursuant to a Lease Agreement, dated as of December 15, 2012. In said proceeding the Court will also pass upon the validity of said Lease Agreement, an Indenture of Trust, a Bond Purchase Agreement, a Guaranty Agreement, a Home Office Payment Agreement, and a Memorandum of Agreement regarding Lease Structure and Valuation of Leasehold Interest in connection therewith. 11:30,12:7