NOTICE TO TAXPAYERS OF HEARING ON PROPOSED CUMULATIVE CAPITAL DEVELOPMENT FUND

Notice is hereby given the taxpayers of  Town of Nashville, Brown County, Indiana, that the Nashville Town Council will meet at 6:30 p.m. on Thursday, May 3, 2012 at the Nashville Town Hall, 200 Commercial Street, for the establishment of a Cumulative Capital Development Fund under the provisions of Indiana Code   IC-36-9-15.5 for the purposes as follows:

The tax will be levied on all taxable real and personal property within the taxing district and will not exceed:

$ 0.05 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continuing until reduced or rescinded.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 Department of Local Government Finance, which will require a Notice of Submission to be given to the taxpayers by publication.

Upon publication of the Notice of Submission, fifty (50) or more taxpayers in the taxing district may file a petition with the County Auditor not later than thirty (30) days after publication, setting forth their objections to the proposed levy.

Dated this 4th day of April, 2012

Nashville Town Council

12-113  31555090  4/11/2012