NOTICE OF A JOINT PUBLIC HEARING OF THE CLEARLAKE CITY COUNCIL AND THE CLEARLAKE REDEVELOPMENT AGENCY REGARDING AN AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE HIGHLANDS PARK COMMUNITY DEVELOPMENT PROJECT

PLEASE TAKE NOTICE that a joint public hearing will be held before the Clearlake City Council and the Clearlake Redevelopment Agency to consider an ordinance approving and adopting a proposed amendment (“Amendment”) to the existing Redevelopment Plan for the Highlands Park Community Development Project (“Existing Plan”) to do the following: (i) extend the time limit on the effectiveness of, the time limit for incurring indebtedness under, and the time limit to collect tax increment revenues under the Existing Plan for an additional ten (10) years; and (ii) increase the limit on the total amount of tax increment revenues that can be collected by One Hundred Sixty Million Dollars ($160,000,000) and the amount of bonded indebtedness which can be outstanding at one time by Twenty-Five Million Dollars ($25,000,000) under the Existing Plan. The legal description of the boundaries of the Existing Plan are available at the Lake County Recorder’s Office and at City Hall.

Pursuant to Health and Safety Code Sections 33333.11 and 33452, the City Council and Clearlake Redevelopment Agency will hold a joint public hearing to consider the Amendment as follows:

DATE: June 7, 2010

TIME: 6:00 PM

PLACE: City Council Chambers

14050 Olympic Drive

Clearlake, California 95422

Any person may attend the public hearing and observe, make inquiries and present evidence and testimony regarding the Amendment. Comments regarding the Amendment may also be submitted in writing to the City Clerk in advance of or at the public hearing for inclusion in the record of the public hearing. Written comments should be submitted to the City Clerk at the Office of the City Clerk, 14050 Olympic Drive, Clearlake, California 95422.

Any subsequent legal challenge to the Amendment may be limited to raising only those issues raised at the public hearing described in this Notice or in written comments submitted to the City Clerk in advance of or at the public hearing.

If you have any questions regarding this Notice or the Amendment, please contact Dale W. Neiman, Executive Director at (707) 994-8201, ext. 120.

Date: April 27, 2010

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Melissa Swanson, City Clerk