NOTICE TO TAXPAYERS OF ADDITIONAL APPROPRIATION
Posted Thursday, March 18, 2021 3:55:51 PM EDT
Notice is hereby given to the taxpayers of the school corporation known as 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 May 4, 2021, 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 $5,575,000 from the proceeds of the Bonds, and all investment earnings thereon, on account of the renovation and construction of improvements to the high school including building additions 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 24th day of March, 2021.
R. Mitchell Miller
/s/ Secretary, Board of School Trustees
Middlebury Community Schools