NOTICE TO TAXPAYERS REGARDING DETERMINATIONTO ISSUE BONDS OF THE WHITKO COMMUNITY SCHOOL CORPORATION The taxpayers of the Whitko Community School Corporation (the “Corporation”) are hereby given notice that the Board of School Trustees of the Corporation determined, at its meeting held May 16, 2011, to issue general obligation bonds of the Corporation, in one or more series, in an original aggregate principal amount not to exceed $625,000 (the “Bonds”). The proceeds of the Bonds will be used to finance all or a portion of: (1) providing technology improvements at (a) the existing elementary schools, including, but not limited to, the installation of technology wiring, wireless networking and related improvements thereto and (b) the existing middle school and high school, including, but not limited to, upgrading the wireless network and related improvements thereto, (2) completing other miscellaneous facility improvement and equipping throughout the geographical boundaries of the School Corporation, including, but not limited to, providing for technology resources and end user equipment, and (3) undertaking all projects related to clauses (1) or (2) (clauses (1) through and including (3), collectively, the “Project”). The proceeds of the Bonds will also be used to pay preliminary expenses related to such Project and all related and incidental expenses incurred in connection therewith, and to pay the costs of selling and issuing the Bonds. The proposed Bonds will have a final ending no later than January 5, 2014 and will bear interest at a rate or rates not exceeding 5.00% per annum, the exact rate or rates to be determined by bidding. The Bonds will be payable from ad valorem property taxes levied and collected on all taxable property within the Corporation. Dated this 25th day of May, 2011. WHITKO COMMUNITY SCHOOL CORPORATION m25, j1
