Notice is hereby
given to the taxpayers of the school corporation known as Duneland School
Corporation that the Board of School Trustees of said school corporation
will meet at the usual meeting place of said Board in the School
Administration Building at 601 West Morgan Avenue, in the Town of
Chesterton, Indiana, at the hour of 6:00 P.M. (Local Time) on March 1, 2010,
to consider the following additional appropriation of the bonds which the
Board of School Trustees has determined to issue. The Board considers such
additional appropriation necessary to meet the extraordinary emergency
existing at this time:
in the amount of $4,235,000.00 on account of the refunding of the School
Corporation's outstanding Taxable General Obligation Pension Bonds of 2001,
including the incidental expenses necessary to be incurred in connection
with said refunding 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.
appropriation is in addition to all appropriations provided for in the
existing budget and tax levy, and an extraordinary emergency for such
appropriation exists by reason of the inadequacy of funds on hand to refund
the outstanding bonds.
Taxpayers of said
school corporation appearing at said meeting shall have the right to be
heard in respect to said additional appropriation.
Dated this 11th
day of February, 2010.
Secretary, Board of