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NOTICE TO TAXPAYERS OF HEARING ON PROPOSED REESTABLISHMENT OF CUMULATIVE CAPITAL DEVELOPMENT FUND Notice is hereby given to the taxpayers of the City of Warsaw, Kosciusko County, Indiana, that the Common Council will consider at City Hall, 302 East Market Street, Warsaw, Indiana, at 7 o'clock P.M. on July 21, 2008, the reestablishment of a Cumulative Capital Development Fund under the provisions of Indiana Code 36-9-15.5 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 $.05 per $100 of assessed valuation. The proposed fund will be levied beginning with the taxes due and payable in the year 2009. Taxpayers appearing at such hearing shall have the right to be heard thereon. The proposal for reestablishment of the Cumulative Capital Development Fund is subject to approval by the Department of Local Government Finance, who will require a Notice of Submission to be given to the taxpayers by publication. After the publication of the Notice of Submission, 50 or more taxpayers in the taxing district may file a petition with the County Auditor not later htan thirty (30) days after publication, setting forth their objections to the proposed levy. Dated this 25th day of June, 2008. Common Council City of Warsaw Elaine Call Clerk-Treasurer j30,j7
