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Notice of APPLICABILITY OF PETITION AND REMONSTRANCE Re: Expansion/Renovation of the Courthouse

NOTICE OF APPLICABILITY OF PETITION AND REMONSTRANCE PROCESS

REGARDING THE PRELIMINARY DETERMINATION

OF THE BOARD OF COMMISSIONERS OF BROWN COUNTY, INDIANA

TO ENTER INTO A  LEASE WITH RESPECT TO

THE FINANCING OF THE CONSTRUCTION, INSTALLATION AND EQUIPPING

OF AN  EXPANSION TO AND RENOVATION OF

THE BROWN COUNTY COURTHOUSE

Owners of real property in Brown County, Indiana (the “County”) are hereby given notice, pursuant to Indiana Code Section 6-1.1-20-3.2, of the applicability of a petition and remonstrance process with respect to the proposed construction, installation and equipping of an expansion to and renovation of the Brown County Courthouse, located at 20 East Main Street, Nashville, Indiana (the “Project”) and the entering into of a lease by the County, as lessee, with a non-profit building corporation (the “Corporation”), as lessor, with respect to the Project (the “Lease”).  The Corporation will issue bonds (the “Bonds”) payable from lease rentals from the County under the Lease to finance all or a portion of the costs of the Project and the costs of issuance of the Bonds.  The lease rentals under the proposed Lease will be payable from ad valorem property taxes levied and collected on all taxable property within the County.

The proposed lease with respect to the Project will have a term no longer than fifteen (15) 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).

The Brown County Board of Elections, acting through the Brown County Circuit Court Clerk, will issue the petition and remonstrance forms upon request by any owner of real property within the County or any registered voter residing in the County.  The Brown County Board of Elections, acting through the Brown County Circuit Court Clerk, may not issue a petition or remonstrance form earlier than August 9, 2013, which is twenty-nine (29) days after this notice is given.

Any owners of property within the County or registered voters residing within the County who want to petition in favor or remonstrate against the proposed payments under the Lease must file petitions and remonstrances, not earlier than thirty (30) days after the date of the publication of this notice, which is August 10, 2013, or later than sixty (60) days, or the first business day after sixty (60) days, after the date of the publication of this notice, which is September 9, 2013, in the manner provided by Indiana Code Section 6-1.1-20-3.2, as amended.

Dated this 10th day of July, 2013.

  BOARD OF COMMISSIONERS OF BROWN COUNTY, INDIANA

13-190 31652044  7/10/2013

Obituaries
See Full List »

Hazel J. Bailey, 93, Morgantown
  

Marjorie Mae Wilder, 92, Johnson County
  Mother of Joyce Tow (Jeff) of Nineveh

Timothy L. Ware, 63, of Nashville
  Husband of Eleanor "Ellen" Ware

  • July 5
    Read to dogs at the library
    2 to 3:30 p.m. Library, 205 N. Locust Lane
  • July 5
    Brown County Radio Hour to air Episode 40
    9 a.m. WFHB FM 91.3 and 100.7
  • July 7
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • July 7
    Open 12-step meeting in New Bellsville area
    8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • July 7
    Nashville Redevelopment Commission
    4:30 p.m. Town Hall, 200 Commercial St.
  • July 8
    Brown County Radio Hour to air Episode 40
    6 p.m. WFHB FM 91.3 and 100.7
  • July 8
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • July 8
    Washington Township Advisory Board
    7:15 p.m. BC (Nashville) Fire, 231 E. Main St.
  • July 9
    Go Club at the library
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • July 9
    Gospel jam & sing in Gnaw Bone
    6:30 p.m. Country Gospel Church, 5181 State Road 46 East
  • July 9
    Nashville Town Council
    6 p.m. Town Hall, 200 Commercial St.
  • July 9
    Nashville Arts & Entertainment Commission
    10 a.m. Town Hall, 200 Commercial St.
  • July 9
    Gospel hymn sing
    6:30 p.m. Green Vly Apostolic Church, 5124 State Road 46 West
  • July 9
    Rotary Club
    7:15 a.m. Artist Colony Inn, 105 S. Van Buren St.
  • July 9
    BC photography club
    7 to 9 p.m. Library, 205 N. Locust Lane
  • July 9
    Volunteer Fair at The Seasons
    4:30 to 6 p.m., 6 p.m. The Seasons Lodge Conference Center, 560 State Road 46 East
  • July 10
    Farmers market in Bean Blossom July 10
    4 to 7 p.m. St. David's Episcopal Church, 11 State Road 45 at 135 North, Bean Blossom
  • July 10
    Bingo
    5 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • July 11
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • July 11
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • July 11
    Health fair at the YMCA
    8 a.m. to noon YMCA, 105 Willow St.
  • July 11
    Widowed group
    2:30 p.m. Sycamore Valley Community Center, 746 Memorial Drive at the fairgrounds
  • July 12
    Woods reunion slated
    12:30 p.m. Yellowwood Forest
  • July 13
    Backpack Program meeting slated
    7 p.m. Library, 205 N. Locust Lane
  • July 13
    Beeline beekeepers club
    7 p.m. Library, 205 N. Locust Lane
  • July 14
    Open 12-step meeting in New Bellsville area
    8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • July 14
    Peaceful Valley Heritage meeting
    6:30 p.m. Library, 205 N. Locust Lane
  • July 14
    Brown County Council
    6 p.m. County Office Building, 201 N. Locust Lane
  • July 16
    WRAPS 20th anniversary open house
    6 to 8 p.m. Library, 205 N. Locust Lane
  • July 17
    Groundbreaking slated for new senior apartments
    2 p.m. Hawthorn Hills, se corner of Hawthorne Drive & Chestnut Street
  • July 18
    Rock & mineral club
    6 p.m. Extension Office, 802 Memorial Drive at the fairgrounds
  • July 20
    Health department offers ServSafe class
    8:30 a.m. to 12:30 p.m. County Office Building, 201 N. Locust Lane
  • July 30
    WRAPS
    7 to 9 p.m. Library, 205 N. Locust Lane