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Public Notices
 
Board of Commissioners' lease determination Re: Courthouse

NOTICE OF PRELIMINARY DETERMINATION

OF THE BOARD OF COMMISSIONERS OF BROWN COUNTY, INDIANA

TO ENTER INTO A LEASE WITH A BUILDING CORPORATION

Owners of real property in the Brown County, Indiana (the "County") hereby are given notice that the Board of Commissioners of the County (the "Board") preliminarily has determined, at its meeting held April 3, 2013, that a need exists for the construction, installation and equipping of an expansion and renovation of the Brown County Courthouse, located at 20 East Main Street, Nashville, Indiana the "Project"). The Board further preliminarily determined at such meeting, to the extent permitted by law, to take all of the necessary steps to finance all or any portion of the costs of the Project by entering into a lease between a building corporation, as lessor (the "Building Corporation"), and the County, as lessee, relating to the Project. The Building Corporation will finance the costs of the Project, together with the financing costs associated therewith, through the issuance of bonds by Building Corporation, secured by and payable from the lease payments under the proposed lease (the "Bonds").

The County's lease payments under the proposed lease will be payable from ad valorem property taxes on all taxable property within the geographical boundaries of the County. The proposed lease with respect to the Project will have a term no longer than fifteen (IS) years, commencing on the date of issuance of the Bonds. The estimated interest rates that will be paid in connection with the Bonds are between 1% and 5% per annum, and the total estimated interest cost associated therewith is $ 1,992,263. The maximum annual lease rental to be paid by the County under the proposed lease is $780,000, and the maximum lease rental over the term of the lease is $8,250,000. The County's current debt service levy is $592,000, and its current debt service rate is $.0455 per $100 of assessed valuation. Over the term of the proposed lease, the estimated increase to the debt service fund tax levy for the County is estimated to be $780,000 (occurring in 2018 pay 2019), and the estimated increase to the debt service fund tax rate for the County after the issuance of the Bonds will be $.06 per $100 of assessed value (occurring in 2018 pay 2019).

Any owners of real property within the County or registered voters residing within the County who want to initiate a petition and remonstrance process against the proposed lease rental payments must file a petition requesting the application of a petition and remonstrance process with the Brown County Board of Elections, in the Office of the Brown County Circuit Court Clerk, Brown County Courthouse, 1st Floor, 20 East Main Street, Nashville, Indiana, not later than thirty days after the date of the publication of this notice in the manner provided by Indiana Code §6-1.1-20-3.1.

Dated this 10th day of April, 2013.

BOARD OF COMMISSIONERS OF BROWN COUNTY, INDIANA

13-98 31631600  4/10/2013

Obituaries
See Full List »

Joyce Reskin, 99, Nashville
  Mother of Laurie Embry of Nashville

Alva L. Miller, 81, Columbus
  Father of Marsha Ott and Karen Kincer, both of Nineveh

Alice M. Stines, 81, Taylorsville
  Sister of Leon Thickstun and Joan Dewar, both of Nashville

  • November 1
    Annual chicken noodle dinner, craft bazaar at Christiansburg church
    4 to 7 p.m. Christiansburg United Methodist Church, 7372 S. Christianburg Road
  • November 1
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • November 1
    Annual craft, bake sale at Helmsburg church
    9 a.m. to 4 p.m. Brown County Community Church, 2370 Main St.
  • November 1
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • November 1
    Annual bazaar, quilt raffle, bake sale, bean dinner
    10 a.m. to 3 p.m. Goshen Community Church, 2798 Gatesville Road, Bean Blossom
  • November 3
    Nashville Redevelopment Commission
    4:30 p.m. Town Hall, 200 Commercial St.
  • November 4
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive at the fairgrounds
  • November 4
    Government offices CLOSED
  • November 4
    Open 12-step meetings in New Bellsville area
    7 to 8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • November 5
    Woodworkers club
    7 p.m. Charlie Roush's Shop, 6987 Christianberg Road
  • November 5
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • November 6
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone
  • November 6
    WRAPS meetings
    7 to 9 p.m. Brown County Public Library, 205 N. Locust Lane
  • November 6
    Salt Creek Trail Committee
    10 a.m. BC Parks & Rec. Office, 1001 Deer Run Lane
  • November 6
    Brown County Schools Board of Trustees
    6:30 p.m. Helmsburg Elementary School, 5378 Helmsburg School Road
  • November 6
    Rotary Club
    7:15 a.m. Artists Colony Inn, 105 S. Van Buren St.
  • November 7
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • November 8
    Second Saturday Village Art Walk
    5 to 8 p.m. Downtown Nashville
  • November 8
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • November 8
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • November 8
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • November 11
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • November 11
    Government Offices CLOSED
  • November 12
    Mandatory scholarship meeting at the high school
    6:30 p.m. Brown County High School, 235 School House Lane
  • November 12
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • November 13
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • November 14
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • November 15
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • November 15
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • November 18
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • November 19
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • November 20
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • November 23
    Nashville Reserve Officers host chili cook-off
    10 a.m. to 3 p.m. Nashville P.D., 200 Hawthorne Drive
  • December 13
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road