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<br />NOTICE OF PUBLIC HEARING ON THE ISSUANCE OF <br />SOLID WASTE DISPOSAL REVENUE BONDS UNDER THE <br />MUNICIPAL INDUSTRIAL DEVELOPMENT ACT OF 1955 <br />(THARALDSON ETHANOL PLANT I, L.L.C. PROJECT) <br /> <br />NOTICE IS HEREBY GIVEN that the Board of County Commissioners of Cass County, <br />North Dakota, will meet on June 4, 2007, beginning at 3 :30 p.m. in the County Commission Room, <br />Cass County Courthouse, Fargo, North Dakota, for the purpose of holding a public hearing on a <br />proposal that the County issue revenue bonds under the Municipal Industrial Development Act of <br />1955, Chapter 40-57, N.D.C.C., in order to finance the project described below. <br /> <br />The Project consists of the construction, acquisition and installation of equipment to be used <br />for solid waste disposal and functionally related facilities in connection with an ethanol production <br />facility (the "Project") located at west of Cassleton, North Dakota on a parcel north of 36th Street <br />SE, south of the Burlington Northern Railroad tracks, east of 153rd Avenue SE and west of 154th <br />Avenue SE (the "Project"). The Project will be owned by Tharaldson Ethanol Plant I, L.L.c., a North <br />Dakota limited liability company. The amount of the proposed bond issue is not to exceed <br />$102,000,000. <br /> <br />The bonds shall be limited obligations of the County payable solely from the revenue pledged <br />to the payment thereof. No holder of any such bonds shall ever have the right to compel any exercise <br />of the taxing power of the County to pay the bonds, or the interest thereon, nor to enforce payment <br />against any property of the County except the Project secured thereby. <br /> <br />Tharaldson Ethanol Plant I, L.L.C. is engaged in the ownership and operation of an ethanol <br />production facility and competitors are hereby notified of that fact pursuant to Chapter 40-57, <br />N.D.C.C. All persons interested may appear and be heard at the time and place set forth above or <br />may submit their views in writing before the time specified for the public hearing. <br /> <br />Published: May _ & _,2007. <br /> <br />BY THE ORDER OF THE BOARD OF <br />COUNTY COMMISSIONERS <br />