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Public Notices
 
Second amendment to lease between BC Jail Building Corp. and Brown County

 

  NOTICE OF EXECUTION AND APPROVAL OF

SECOND AMENDMENT TO LEASE

BETWEEN

BROWN COUNTY JAIL BUILDING CORPORATION

AND BROWN COUNTY, INDIANA

The Board of Commissioners of Brown County, Indiana (the "County") has executed a Second Amendment to Lease Agreement (the "Amendment") with the Brown County Jail Building Corporation (the "Building Corporation"), dated as of October 21, 2013, which amends a Lease Agreement, dated August 4, 2003, as previously amended (the "Existing Lease"). The County and the Corporation entered into the Existing Lease in connection with the Building Corporation's issuance of its First Mortgage Bonds, Series 2003 (the "2003 Bonds"), the proceeds of which were used to finance the acquisition of real estate from the County and the construction of the County's jail facility, located at 55 State Road 46 East, Nashville, Indiana (the "Facility"). The County used the proceeds of the sale of such real estate received from the Corporation and other funds of the County to pay a portion of the  costs of the construction of the Facility and to pay the costs related to other subsequent construction, improvement, upgrade, and equipping projects at the Facility (collectively, the "County Improvements").  The Existing Lease leases the Facility for a term ending January 15, 2030, unless terminated earlier.

The Amendment amends the Existing Lease to provide lease rentals based on the principal of and interest on first mortgage multipurpose bonds (the "2013 Bonds") proposed to be issued by the Corporation to pay all or any portion of the costs of: (i) reimbursing the County for all or any portion of the costs of the County Improvements, with the understanding that such reimbursement proceeds will be used by the County to pay (or reimburse the prior payment of) the costs of the acquisition, construction, equipping, and installation of locks at the Facility, a new boiler at the Facility, and HVAC improvements at the Facility; (ii) refinancing all of the 2003 Bonds which are currently outstanding to effect  a savings to the Corporation; and (iii) paying the costs of issuance of the 2013 Bonds.  The lease rentals payable by the County under the Amendment will not exceed the lease rentals payable by the County under the Existing Lease.

Dated this 30th day of October, 2013.

BOARD OF COMMISSIONERS OF BROWN COUNTY, INDIANA

13-304 31677156 10/30/2013 hspaxlp

  • September 22
    Guided fall hike from BCSP fire tower
    2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 22
    Free small business seminar presented by ISBDC
    5:30 p.m. Brown County Inn, 51 State Road 46 East
  • September 23
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive at the fairgrounds
  • September 23
    Ornithologist's field bag at BCSP Nature Center
    2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 23
    BC Area Plan Commission
    6 p.m. County Office Building, 201 N. Locust Lane
  • September 23
    New 12-step meetings open in Van Buren area
    7 to 8 p.m. Harmony Baptist Church, 3999 Mt. Liberty Road, New Bellesville
  • September 24
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • September 24
    CSCD Board of Directors
    7 p.m. CSLOA Clubhouse, 8751 Nineveh Road
  • September 24
    BC Board of Zoning Appeals
    6 p.m. County Office Building, 201 N. Locust Lane
  • September 24
    BC Parks & Rec. Board
    5:15 p.m. BC Parks & Rec. Office, 1001 Deer Run Lane
  • September 24
    Taste of fall at BCSP Nature Center
    2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 24
    Bluegrass festival at music park
    Bill Monroe Music Park, 5163 State Road 135 North, Bean Blossom
  • September 25
    Go Club at the library
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • September 25
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone
  • September 25
    Bluegrass festival at music park
    Bill Monroe Music Park, 5163 State Road 135 North, Bean Blossom
  • September 25
    Brown County/ Purdue Extension Board
    7 p.m. 802 Memorial Drive at the fairgrounds
  • September 25
    Thursday at BCSP
    10 a.m., 2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 26
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • September 26
    Bean Blossom farmers market Friday
    4 to 7 p.m. St. David's Episcopal Church, State roads 135 North and 45, Bean Blossom
  • September 26
    Comedy country music revue at the Playhouse
    7:30 p.m. Brown County Playhouse, 70 S. Van Buren
  • September 26
    Bluegrass festival at music park
    Bill Monroe Music Park, 5163 State Road 135 North, Bean Blossom
  • September 26
    Friday at BCSP
    2 p.m., 7 p.m. Brown County State Park, 1810 State Road 46 East
  • September 27
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • September 27
    Bluegrass festival at music park
    Bill Monroe Music Park, 5163 State Road 135 North, Bean Blossom
  • September 27
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • September 27
    Fall family farm day at theraputic horse farm
    10 a.m. to 3 p.m. Hope for Hearts Farm Inc, 1005 W. State Road 45
  • September 27
    Women’s Retreat Day
    8:30 a.m. to 3 p.m. Salvation Army, 168 S. Jefferson St.
  • September 27
    Saturday at BCSP Nature Center
    9 a.m., 10 a.m., 2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 27
    Parks and recreation plans ladies tea
    10 a.m. Sweetea's Tea Shop, 225 S. Van Buren St. in Coachlight Square
  • September 27
    Betty Begonia sale slated for September
    9 a.m. to 4 p.m. Artist's Retreat Cottage, 1641 Oak Grove Road
  • September 28
    Pinecone craft at BCSP Nature Center
    2 p.m. Brown County State Park, 1810 State Road 46 East
  • September 28
    Therapy dogs to listen to readers
    2 to 3:30 p.m. Brown County Public Library, 205 N. Locust Lane
  • September 29
    Monday at BCSP
    10 a.m., 8 p.m. Brown County State Park, 1810 State Road 46 East
  • September 30
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • September 30
    Nashville Development Review Commission
    6 p.m. Town Hall, 200 Commercial St.
  • September 30
    Fall flowers at BCSP Nature Center
    2 p.m. Brown County State Park, 1810 State Road 46 East
  • October 1
    Local Emergency Planning Committee
    9 a.m. Ambulance Base, 53 State Road 46 East
  • October 1
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • October 1
    Brown County Commissioners
    6 p.m. County Office Building, 201 N. Locust Lane
  • October 1
    BC SWCD
    6:30 p.m. SWCD Office, 802 Memorial Drive at the fairgrounds
  • October 2
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone5181 State Road 46 East, Gnaw Bone
  • October 2
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • October 2
    WRAPS meetings
    7 to 9 p.m. Brown County Public Library, 205 N. Locust Lane
  • October 3
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • October 4
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive at the fairgrounds
  • October 4
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • October 4
    Chili supper, music and mystery auction at Hickory Ridge
    5 p.m. Hickory Ridge Center, 2314 Hickory Ridge Lane
  • October 5
    Herb barn hosts antique market
    10 a.m. to 4 p.m. Flower & Herb Barn, 5171 Bean Blossom Road, Nineveh
  • October 5
    Elkinsville community reunion near Browning Mountain
    11 a.m. Bill Miller's farm, Elkinsville
  • October 7
    Magic club
    5 p.m., 6:30 p.m. Brown County Public Library, 205 N. Locust Lane
  • October 7
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • October 8
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • October 9
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone
  • October 9
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • October 10
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • October 11
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • October 11
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • October 11
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • October 11
    Second Saturday Village Art Walk
    5 to 8 p.m. Downtown Nashville
  • October 14
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • October 15
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • October 25
    BCSP Halloween activities
    5 to 6 p.m., 8 to 10 p.m. Brown County State Park, 1810 State Road 46 East
  • 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