MILFORD - RESTABLISHMENT OF CUM. CAP. DEVELOPMENT FUND
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NOTICE TO TAXPAYERS OF HEARING ON PROPOSED RE-ESTABLISHMENT OF CUMULATIVE CAPITAL DEVELOPMENT FUND Notice is hereby given to the taxpayers of the Town of Milford, Kosciusko County, Indiana,that the Milford Town Council will consider at Milford Town Hall at 7:00 o'clock pm on Monday, March 14, 2016,the re-establishment of a Cumulative Capital Development Fund under the provisions of Indiana Code IC 36-9-15.5 for the purpose as follows: "For all uses as set out in IC 36-9-15.5" The tax will be levied on all taxable real and personal property within the taxing district and will not exceed $0.05 per $100 of assessed valuation. The proposed fund will be levied beginning with taxes due and payable in the year 2017. Taxpayers appearing at such hearing shall have the right to be heard thereon. The proposal for re-establishment of the Cumulative Capital Development Fund is subject to approval by the Department of Local Government Finance. Within 30 days after the date of the adoption of the cumulative fund by the Milford Town Council,the Town of Milford will publish a Notice of Adoption. Upon publication of the Notice of Adoption, 50 or more taxpayers in the taxing district may file a petition with the County Auditor not later that noon 30 days after the publication of the Notice of Adoption setting forth their objections to the proposed fund. Dated this 17th Day Of February, 2016 The Milford Town Council 2-17,24 hspaxlp
