Notice To The Public 22044
NOTICE TO THE PUBLIC YOU ARE HEREBY NOTIFIED that on June 9, 2025, at 9:00 a.m., in the Chatham County Courthouse in Savannah, Georgia, the Superior Court of Chatham County will hear the case of STATE OF GEORGIA v. SAVANNAH HARBOR - INTERSTATE 16 CORRIDOR JOINT DEVELOPMENT AUTHORITY, and HL-GA BATTERY COMPANY LLC, Civil Action File No. SPCV25-00762-WA, the same being a proceeding to confirm and validate the Savannah Harbor - Interstate 16 Corridor Joint Development Authority Taxable Revenue Bonds (HL-GA Battery Company, LLC Project), Series 2025 in the maximum aggregate principal amount of $4,700,000,000 (the "Bonds"), proposed to be issued by the Savannah Harbor - Interstate 16 Corridor Joint Development Authority (the "Issuer") in order to develop and promote for the public good and welfare, trade, commerce, industry and employment opportunities within Bryan County, Georgia, Bulloch County, Georgia, Chatham County, Georgia and Effingham County, Georgia (collectively the "Counties"), for the purpose of financing, in whole or in part, the cost of acquiring, constructing and installing a "project" in Bryan County, Georgia, including the acquisition, construction and installation of land, improvements to be constructed thereon and related building fixtures, machinery and equipment (the "Project"). The Project is to be leased by the Issuer to HL-GA Battery Company, LLC (the "Company") for use as an electric vehicle battery manufacturing facility and an economic development project under Section 36-62-2(6)(N) of the Official Code of Georgia Annotated, all in accordance with the terms of a resolution (the "Bond Resolution") adopted by the Issuer, and the Exhibits thereto. In such proceeding, the Court will also (a) hear and determine the validity of instruments relating to and providing security for the Bonds including the Bond Resolution, an Indenture of Trust, a Lease Agreement, a Bond Purchase Agreement, a Guaranty Agreement, a Deed to Secure Debt, Assignment of Rents and Leases and Security Agreement, a Home Office Payment Agreement, and an Economic Development Agreement, as described in the Petition and Complaint; and (b) hear and determine such other questions of law and fact pertaining to the right of the Issuer to issue the Bonds and to provide the security therefor. The Bonds shall be special and limited obligations of the Issuer, payable solely from funds provided by the Company and shall not be payable from taxes or other public funds and NO PERFORMANCE AUDIT OR PERFORMANCE REVIEW (AS SUCH TERMS ARE DESCRIBED IN SECTION 36-82-100 OF THE OFFICIAL CODE OF GEORGIA ANNOTATED) WILL BE CONDUCTED WITH RESPECT TO THE EXPENDITURE OF BOND PROCEEDS. Any citizen of the State of Georgia residing in Bryan County, Georgia, Bulloch County, Georgia, Chatham County, Georgia and Effingham County, Georgia, or any other person wherever residing who has a right to object, may intervene and become a party to these proceedings. Tammie Mosley Clerk, Superior Court Chatham County, Georgia 22044 6/4/25 RL