Notice To Taxpayers of Additional Appropriation
Posted Wednesday, March 13, 2019 7:27:53 AM EDT
Notice is hereby given to the taxpayers of the Middlebury Community Schools (the "School Corporation") that the Board of School Trustees (the "Board") of the School Corporation will meet at 56853 Northridge Drive, Middlebury, Indiana, at the hour of 4:00 p.m. (Local Time) on April 16, 2019, to consider the following additional appropriation which the Board considers necessary to meet the need existing at this time:
An appropriation in the amount not to exceed $15,000,000, from the proceeds of the Bonds and all investment earnings thereon, on account of the renovation of and improvements to Northridge High School campus, including construction of outdoor athletics facilities and related site improvements, and renovation of and improvements to Northridge Middle School in the School Corporation (the "Project"), including the incidental expenses necessary to be incurred in connection with the Project. The funds to meet such additional appropriation are to be provided by the sale of real estate to the Middlebury Schools Building 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.
Taxpayers of the School Corporation appearing at the meeting shall have the right to be heard in respect to the additional appropriation.
Dated this 13th day of March, 2019.
/s/ Robert Souder
Secretary, Board of School Trustees
Middlebury Community Schools