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Notice of Determination to Incur Indebtedness - Monroe Township

Posted
NOTICE OF DETERMINATION TO INCUR INDEBTEDNESS
TO THE TAXPAYERS OF MONROE TOWNSHIP
Notice is given to taxpayers of Monroe Township, Kosciusko County, that on October 15, 2012, the trustee and township board of Monroe Township determined to incur a loan in the amount of $15,000 for the purpose of: Emergency Fire Loan as allowed in IC 36-6-6-14.
Said loan is to repaid in 1 year. Repayment will begin with taxes 2012 payable 2013. Ten (10) or more taxpayers objecting to this loan may file petitions within 30 days of this notice with the Kosciusko County Auditor stating their objections to the loan and the reasons why the loan is unnecessary or unwise. If an objecting petition is filed; the County Auditor shall certify in the petition to the Department of Local Government Finance who shall hold a hearing on the matter in the county not less than five (5) or more than thirty (30) days after receipt of the certified petition from the County Auditor. Notice of this hearing shall be provided by mail to the township and the first ten (10) taxpayers listed on the petition. Taxpayers present shall have the right to be heard. Determination of the Department of Local Government Finance is final.
Joshua J. Spangle
Monroe Township Trustee
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