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j14pR[ON COUNTY. OREGON O FRIC[AL NOT[CE UF INTENT TO TSSOE REYENUE BONDS NOTICE TS I~EREBY GIVEI`i that on March 5, 1997, the Board of County Commissioners ~~ ~ ofMarion County, Oregon (the County ) adopted Resolution No. 97-4R (the "Resolution"), a copy bus ~ess houslat~the~o(~ices of County Cle k located att100I-~gh St eet NEhSalem! Oregon 97 UOlr gpNDS A[rrHOxIZED: The Resolution suthorizes the issuance of revenue bonds in one or more series in an esdmated aggregate principal amount of not to exceed $28,600,000 ~the Counts,'s for the pu~pose financmg some or all of the following (co~lectively, the "Projects"): () Y share of the costs of designing, acquiring and construction the Courthouse Square project to be constructed in the City of Salem on the block where the Senator Hotel currently stands; (2) refinancing the Counry's obligations under a lease purchase agreement entered into in 1985 in order to finance the County's ac.quisition of the Franklin building located at 101 High Street NE in Salem; and (3) a new building to be conSttucted on land currently owned by the Counry to house the administration and engineerin~ services of the County Department of Public Works. The Courthouse Square project will be a multi-use facility consisting of the following elements: a public Uansit mall; administrative offices and other governmental facilities for use by the Counry and the Transit District; adminitrative office space to accomodate the County's future n~e and to be leased to third parties until needed by the County; retail space to be owned bY the p developer, and parldng facilities. The County and the Transit District will own an undivided interest as tenants in common in the real property on which Courthouse Square will be located. Each of the County, the Transit District and the private developer will own leasehold condominium interests in Courthouse Square. The new Public Works building will be used by the Counry exclusively for the operations of the County Department of Public Works relating to the construction, reconstruction, improvement, cepair, maintenance, operation and use of public highways, roads, streets and roadside rest areas. SouctcE oF Pa.YMENT oF BoNns: The Coun(y expects that the Bonds will be paid out of the revenues of the County that are duly appropriated for such purpose in accordance with applicable law. The County may appropriate funds for the payment of tlie Bonds out of other legally available sources of revenue, including existing propeRy taxes and any other excise taxes or other County revenues. No new or special propeRy taxes or other taxes will be levied to pay the amounts owing on the Bonds. RIGHT TO REF'ER ISSUANCE OF BONDS TO ELECfORS ROR APPROVAL: Undef the provisions of ORS 288-8i5, the electors of the County have the right to file a petition with the County asking to have the question of the issuance of the Bonds referred to a vote. In order to ha~•e the EXHIBIT A-1