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B.C. Schools Trustees meeting re: Proposed lease

NOTICE OF PUBLIC HEARING

PROPOSED LEASE AGREEMENT FOR BROWN COUNTY SCHOOLS

  You are hereby notified that a public hearing will be held at 6 pm at the meeting of the Board of School Trustees of Brown County Schools on July 2, 2012, at the Administration Building, 2112, 357 East Main Street, Nashville, Indiana, upon a proposed lease agreement to be entered into between the Brown County High School and Nashville School Building Corporation, as lessor, and the Brown County Schools, as lessee.

  The term of the proposed lease agreement upon which the hearing will be conducted is ten (10) years, commencing on the date of execution of the lease agreement.  The lease agreement provides for rent under the lease agreement during renovation, in the amount of $150,000 per payment, payable on June 30 and December 31, commencing on June 30, 2013.   Upon completion of the proposed renovation of the HVAC, mechanical systems and window, the annual rental to be paid will be adjusted to a maximum of $2,200,000 per year payable in equal semiannual installments on June 30 and December 31, commencing the later of the completion of these renovations or June 30, 2017.  As additional rental, the lessee shall pay all taxes and any rebate amounts owed to the United State Treasury.  The lease agreement requires the lessee to maintain insurance on the buildings and to bear all costs of any other alterations or repairs.  After the sale by the building corporation of its First Mortgage Bonds to pay for the cost of the proposed additional renovations to the buildings, including the acquisition of the sites thereof and other expenses incidental thereto, the annual rentals will be reduced to amounts equal to the multiple of $1,000 next higher than the sum of the principal and interest due on such bonds in each twelve-month period ending on January 15, plus $3,000.  The annual rentals shall be payable in equal semiannual installments.  Due to retirement of existing debt, the lease rentals set forth in the lease are not expected to increase the debt service tax levy from its current level.

  The lease agreement gives an option to the school corporation to purchase the leased premises on any lease rental payment date.  The leased premises shall consist of portions of the Brown County High School and the Nashville Elementary School.  The six projects to be undertaken by this lease agreement will consist of the (i) HVAC, mechanical systems and windows at Brown County High School; (ii) HVAC, mechanical systems and windows at Brown County Junior High School; (iii) HVAC, mechanical systems and windows at Sprunica Elementary; (iv) HVAC, mechanical systems and windows at Helmsburg Elementary; (v) HVAC, mechanical systems and windows at Nashville Elementary; and (vi) HVAC, mechanical systems and windows at Van Buren Elementary.

  Drawings, plans and specifications, including estimates of the costs of the proposed  renovations, as well as a copy of the proposed lease agreement, are available for inspection at the Administration Building, 357 East Main Street, Nashville, Indiana.

  At the hearing, all persons interested shall have a right to be heard upon the necessity for the execution of the lease agreement and upon whether the lease rental set forth therein is fair and reasonable for the proposed building.  The hearing may be adjourned to a later date or dates.  Following the hearing Board of School Trustees may either authorize the execution of the Lease Agreement as originally approved or may make modifications therein as may be agreed upon with the Building Corporation.

  Dated:   May 30, 2012

Carol Bowden

Secretary

  Board of School Trustees

  Brown County Schools

12-144  5/30/2012  31561950

Obituaries
See Full List »

Helen Watkins, 81, Columbus
  Mother of Billy Ray Watkins of Nashville

Billy Howard Webb, 81, Greenfield
  Father of Larry Webb of Nashville

David H. Ellis, 69, Morgantown
  

  • May 30
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • May 30
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Brown County State Park, State Road 46 East
  • May 30
    Comedy tour at the Playhouse
    7:30 p.m. BC Playhouse, 70 S. Van Buren St.
  • May 31
    Dave Miller at Abe Martin Lodge
    10 a.m. to noon Abe Martin Lodge, Brown County State Park
  • June 2
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • June 2
    Open 12-step meeting in New Bellsville area
    8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • June 2
    Bean Blossom Sewer Board
    6:30 p.m. County Office Building, 201 N. Locust Lane
  • June 2
    CSCD Building Commission
    7 p.m. CSLOA Clubhouse, 8751 Nineveh Road
  • June 2
    Nashville Redevelopment Commission
    4:30 p.m. Town Hall, 200 Commercial St.
  • June 3
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • June 3
    BC Commissioners
    6 p.m. County Office Building, 201 N. Locust Lane
  • June 3
    Brown County Schools Board of Trustees
    5:30 p.m. BC Intermediate School, 260 School House Lane
  • June 3
    BC Emergency Management Advisory Council
    8 a.m. Ambulance Base, 53 State Road 46 East
  • June 3
    Brown County SWCD
    6:30 p.m. SWCD Office, 802 Memorial Drive at the fairgrounds
  • June 4
    Go Club at the library
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • June 4
    WRAPS
    7 to 9 p.m. Library, 205 N. Locust Lane
  • June 4
    Gospel jam & sing first Thursday in Gnaw Bone
    6:30 p.m. Country Gospel Church, 5181 State Road 46 East
  • June 4
    Rotary Club
    7:15 a.m. Artist Colony Inn, 105 S. Van Buren St.
  • June 4
    CSCD Ecology Commission
    7 p.m. CSLOA Clubhouse, 8751 Nineveh Road
  • June 4
    Brown County Schools Board of Trustees
    6:30 p.m. BC Intermediate School, 260 School House Lane
  • June 5
    Strawberry fest during farmers market
    4 to 7 p.m. St. David's Episcopal Church, 11 State Road 45 at 135 North, Bean Blossom
  • June 5
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • June 5
    Gospel jubilee at Redbarn
    8 p.m. RedBarn Jamboree, 71 Parkview Road, off 46 East
  • June 6
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • June 6
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • June 6
    Shrine parade celebrates summer
    11 a.m. downtown Nashville
  • June 6
    Kids VBS day set for Methodist church
    10 a.m. to 4 p.m. Nashville United Methodist Church, 36 S. Jefferson St.
  • June 6
    Van Buren School reunion slated
    5 p.m. Van Buren Elementary School, 4045 State Road 135 South
  • June 6
    Live band at dance barn
    6;30 p.m., 8 to 11 p.m. Mike's Dance Barn, 2277 State Road 46 West
  • June 7
    Hog roast at church slated
    Following a.m. services BC Community Church, 2370 Main St., Helmsburg
  • June 7
    Read to dogs at the library
    2 to 3:30 p.m. Library, 205 N. Locust Lane
  • June 7
    Dave Miller at Abe Martin Lodge
    10 a.m. to noon Brown County State Park, State Road 46 East
  • June 8
    BETA Can-do Camp dates set
    1 to 5:30 p.m. BETA center, behind Miller's Ice Cream
  • June 8
    VBS starts at Parkview church
    6:30 to 8:30 p.m. Parkview Church of the Nazarene, 1750 State Road 46 East
  • June 8
    Beeline beekeepers club
    7 p.m. Library, 205 N. Locust Lane
  • June 9
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • June 9
    Nashville Parking & Public Facilities
    6 p.m. Town Hall, 200 Commercial St.
  • June 9
    CSCD Roads, Security commissions
    6 p.m., 7:30 p.m. CSCD Office, 8377 Cordry Drive; CSLOA Clubhouse, 8751 Nineveh Road
  • June 9
    Open 12-step meeting in New Bellsville area
    8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • June 9
    Retired teachers to meet at new history center
    noon Brown County History Center, 90 E. Gould
  • June 9
    Peaceful Valley Heritage meeting
    6:30 p.m. Library, 205 N. Locust Lane
  • June 10
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • June 10
    CRC Steering Committee
    6:30 p.m. CRC, 246 E. Main St.
  • June 11
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • June 11
    Gospel jam & sing at Gnaw Bone church
    6:30 p.m. Country Gospel Church, 5181 State Road 46 East
  • June 11
    BC photography club
    7 to 9 p.m. Library, 205 N. Locust Lane
  • June 12
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • June 12
    BC photography club
    7 to 9 p.m. Library, 205 N. Locust Lane
  • June 13
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • June 13
    Open house conducted at New Song
    9 to 11 a.m. New Song Mission, 7202 Keith Donaldson Road, Freetown
  • June 13
    Homemakers garage sale at the fairgrounds
    8 a.m. to 3 p.m. Exhibit building, Memorial Drive at the fairgrounds
  • June 15
    Essential oil class at tea shop
    6 p.m. Sweetea's Tea Shop, 225 S. Van Buren St., Suite C, Coachlight Square
  • June 17
    Hamblen Fire District
    7 p.m. Hamblen Fire Station, 4650 Sweetwater Trail, Gatesville
  • June 17
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • June 18
    WRAPS
    7 to 9 p.m. Library, 205 N. Locust Lane
  • June 18
    Gospel jam & sing at Gnaw Bone church
    6:30 p.m. Country Gospel Church, 5181 State Road 46 East
  • June 18
    Go Club at the library
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • June 20
    Rock & mineral club
    6 p.m. Extension Office, 802 Memorial Drive at the fairgrounds
  • June 20
    Pollinator Awareness Day at state park Nature Center
    9 a.m. to 4 p.m. Brown County State Park, 1450 State Road 46 East (north entrance)
  • June 20
    Relay for Life walk set
    7 a.m.to 11 p.m. BCHS track, Main/Old State Road 46, at south end of Greasy Creek Road
  • June 23
    Art class set for fourth Saturday at winery
    3 to 5 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • June 27
    Pioneer women porch sale at history center
    8 a.m. to 4 p.m. Brown County History Center, 90 E. Gould
  • July 11
    Health fair at the YMCA
    8 a.m. to noon YMCA, 105 Willow St.
  • July 13
    Backpack Program meeting slated
    7 p.m. Library, 205 N. Locust Lane