TOWN OF SILVER LAKE - CUMULATIVE CAPITAL DEVELOPMENT FUND
Posted
-
NOTICE TO TAXPAYERS OF HEARING ON PROPOSED CUMULATIVE CAPITAL DEVELOPMENT FUND Notice is hereby given the taxpayers of the Town of Silver Lake, Kosciusko County, Indiana, that the Town Council will meet at 5:30 on July 30, 2012, at the Silver Lake Town Hall, 604 North Jefferson Street, for the establishment of a Cumulative Capital Development Fund under the provisions of Indiana Code 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 and personal property within the taxing district and will not exceed: $.0500 per $100 of assessed valuation payable in 2013, and thereafter, continuing until reduced or rescinded. Taxpayers appearing at such hearing shall have the right to be heard thereon. The proposal for establishment of the Cumulative Capital Development Fund is subject to approval by the Development of Local Government Finance. Within thirty (30) days after the date of the adoption of the cumulative fund by the Town Council, the Clerk-Treasurer will publish a Notice of Adoption. Upon publication of the Notice of Adoption, fifty (50) or more taxpayers in the taxing district may file a petition with the County Auditor not later than noon, thirty (30) days after the publication of the Notice of Adoption setting forth their objections to the proposed levy. Dated: This 16th day of July, 2012. Silver Lake Town Council: Chad Miner Phil Shalley Gale Owens j18,25
