Chesterton Tribune

Duneland School Corporation NOTICE TO TAXPAYERS

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NOTICE TO TAXPAYERS

OF ADDITIONAL APPROPRIATION

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:

An appropriation 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.

The foregoing 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.

JOHN MARSHALL

Secretary, Board of School Trustees

Duneland School Corporation

(February 17, 2010)