Notice of Hearing on Additional Appropriations

NOTICE TO TAXPAYERS
OF ADDITIONAL APPROPRIATION

Notice is hereby given to the taxpayers of the school corporation known as North Miami Community Schools (the "School Corporation") that the Board of School Trustees (the "Board") of the School Corporation will meet at the School Corporation Administration Office, 394 E 900 N, Denver, Indiana at the hour of 7:00 p.m. (Local Time) on October 13, 2020, to consider the following additional appropriation of the bonds (the "Bonds") which the Board has determined to issue.  The Board considers such additional appropriation necessary to meet the need existing at this time:

An appropriation in the amount of $1,500,000 from the proceeds of the Bonds, and all investment earnings thereon, on account of the renovation of and improvements to school facilities, including energy savings improvements and the purchase of equipment and technology (the "Project") in the School Corporation, including the incidental expenses necessary to be incurred in connection with the Project and the issuance of Bonds on account thereof.  The funds to meet such additional appropriation are to be provided by the issuance and sale of Bonds by the School Corporation.

The foregoing appropriation is in addition to all appropriations provided for in the existing budget and tax levy, and a need for such appropriation exists by reason of the inadequacy of the present buildings to provide necessary school facilities in the School Corporation.

Taxpayers of the School Corporation appearing at said meeting shall have the right to be heard in respect to the additional appropriation.

In light of the changing circumstances as they relate to COVID-19 and the Indiana Governor's Executive Orders regarding social distancing, please check the School Corporation's website prior to the scheduled hearing to receive up to date information about meeting logistics. 

Dated this 23rd day of September, 2020.

 

 

/s/ Kandace Hattery                                                   

Secretary, Board of School Trustees

North Miami Community Schools

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