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WAWASEE COMMUNITY SCHOOL CORP - ADDITIONAL APPROPRIAITON

Posted

NOTICE TO TAXPAYERS OF ADDITIONAL APPROPRIATION Notice is hereby given to the taxpayers of the school corporation known as Wawasee Community School Corporation that the Board of School Trustees of said school corporation will meet at the School Administration Building, One Warrior Path, Syracuse, Indiana, at the hour of 5:30 p.m. (Local Time) on October 13, 2009, to consider the following additional appropriation of the bonds which the Board of School Trustees has determined to issue. The Board considers such additional appropriation necessary to meet the extraordinary emergency existing at this time: An appropriation in the amount of $I,956,000 on account of the renovation of the heating and air mechanical systems at the Wawasee Middle School building in said School Corporation, including the incidental expenses necessary to be incurred in connection with said building project and the issuance of bonds on account thereof. The funds to meet such additional appropriation are to be provided by the issuance and sale of qualified school construction bonds by the school corporation, which will be issued at a low-interest rate. The foregoing appropriation is in addition to all appropriations provided for in the existing budget and tax levy, and an extraordinary emergency for such appropriation exists by reason of the inadequacy of the present buildings to provide necessary school facilities in the school corporation. Taxpayers of said school corporation appearing at said meeting shall have the right to be heard in respect to said additional appropriation. Dated this 16th day of September, 2009. Rebecca Linnemeier Secretary, Board of School Trustees Wawasee Community School Corporation s16,23