AMENDED NOTICE OF PUBLIC HEARING

LEMAY FIRE PROTECTION DISTRICT

               The Board of Directors of the Lemay Fire Protection District of St. Louis County, Missouri hereby gives notice that a public hearing will be held on Tuesday, September 27th, 2011 at 7:00 p.m. at 1201 Telegraph Road, St. Louis County, Missouri. The hearing shall be on the proposed rates of taxes, at which hearing citizens may be heard prior to their approval.

               The tax rates are calculated to produce the revenues necessary and required to meet the annual budget of the District.  Each tax rate is determined by dividing the amount of revenue required by the current tax year assessed valuation.  The result is multiplied by 100 so that the tax rate will be expressed in cents per $100 assessed valuations.

               The assessed valuations, by category of real and personal property located in the political subdivision, as presently known and available, for the fiscal year beginning January 1, 2011, for which the tax is to be levied, and for the preceding taxable year are as follows:

                                                                 (Post BOE)                                                                   (Post-BOE)

                                                                      2010                                                                                2011

Residential                             $ 135,315,715                                                             $ 118,125,030

Agricultural                                             180                                                                           1,280

Commercial                                 87,444,280                                                                  37,545,818                                   

Commercial-TIF                           (731,800)                                                                    (530,010)

Personal Property                       59,762,077                                                                  76,727,958                                                                        

Sub-Total                              $ 281,790,452                                                             $ 231,870,076

                                                    (Less New Construction)                                             (Less New Construction)

               Residential                           $           34,790                                                                $           55,770

              Commercial                         $    60,460,740                                                                $      1,882,180

               Total                                    $  221,294,922                                                               $  229,932,126

                                                                                        Proposed Tax                  

                                                                                      Rate Per ($100)                    

                                                                                                                                                          Budgeted Tax

      Fund                   Blended Rate       Residential     Agricultural      Commercial   Personal Property     Revenue

General Fund              0.9900           0.9900           0.1560            0.9900             0.9900      $   2,295,503

Pension Fund              0.1000            0.1000           0.0000            0.1000             0.1000              231,869

Dispatching Fund       0.0500            0.0500           0.0000            0.0500             0.0500             115,935

Ambulance Fund        0.2544            0.2430           0.0780            0.3000             0.2500              589,912

Total (Blended Rate)  1.3944                                                                                                     $   3,233,219

                                                                                                                          Total                   Total  $                Total %

                                                                                                                                                     Increase                Increase

New Construction Anticipated Tax Revenue                                                                         (Decrease)            (Decrease)

Budget Year 2012 (Memo Only)                                                              $ 27,023               ($676,915)              (96.2%)

Note: The proposed tax rates are set based on the latest information available to the District from the St. Louis County Assessor’s Office and the Missouri State Auditor’s Office, and shall be set in compliance with Missouri State statutes.

The proposed tax rates are subject to revision.

Board of Directors Lemay Fire Protection District.

                                                                                                                        Mr. Jerry Schloss

                                                                                                                        Treasurer of the Board

                                                                                                                        September 23, 2011