NOTICE OF DETERMINATION TO INCUR INDEBTEDNESS TO THE TAXPAYERS OF TIPPECANOE TOWNSHIP Notice is given to taxpayers of Tippecanoe Township, Kosciusko County, that on April 22, 2014 the trustee and the township board of Tippecanoe Township determined to incur a loan in the amount of $625,000 for the purpose of an Emergency Fire Loan. Said loan is to be repaid in 5 years. Repayment will begin with taxes 2013 payable 2014. 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 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 the receipt of the certified petition from the County Auditor. Notice of 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. Steve Ward, Township Trustee 4-25 hspaxlp
