170 - Notice to Taxpayers of Additional Appropriation
NOTICE TO TAXPAYERS
OF ADDITIONAL APPROPRIATION
Notice is hereby given to the taxpayers of the library district known as Monterey-Tippecanoe Township Public Library (the “Library”) that the Board of Trustees (the “Board”) of the Library will meet at Monterey-Tippecanoe Township Public Library, Monterey, Indiana, at the hour of 7:00 p.m. (Local Time) on October 9, 2018, to consider the following additional appropriation of the bonds which the Board has determined to issue. The Board considers such additional appropriation necessary to meet the need existing at this time:
An appropriation in the amount of $495,000 from the proceeds of the Bonds, and all investment earnings thereon, from the proceeds of the Bonds, and all investment earnings thereon, on account of the renovation of and improvements to Monterey-Tippecanoe Township Public Library, including site improvements and a water well in the Library district, including the incidental expenses necessary to be incurred in connection with the 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 bonds by the Library.
The foregoing appropriation is in addition to all appropriations provided for in the existing budget and tax levy, and a need for such appropriation exists by reason of the inadequacy of the present building to provide necessary Library facility in the Library district.
Taxpayers of the Library district appearing at said meeting shall have the right to be heard in respect to said additional appropriation.
Dated this 25th day of September, 2018.
Secretary, Board of Trustees
Monterey-Tippecanoe Township Public Library
170-18 G 10/03