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Public Notices
 
NOTICE OF INTENT TO SELL BONDS

NOTICE OF INTENT TO SELL BONDS
$995,000
GENERAL OBLIGATION BONDS OF 2010
BROWN COUNTY SCHOOLS
Upon not less than twenty-four (24) hours notice
given by the undersigned Secretary prior to the
ninetieth day after this notice is first published,
Brown County Schools (the “School Corporation”)
will receive and consider bids for the purchase of
the following described Bonds. Any person interested
in submitting a bid for the Bonds must
furnish in writing to the Brown County Schools
c/o Dr. Dennis Goldberg, 357 East Main Street,
Nashville, Indiana 47448; (812) 988-6601, (812)
988-5403 (facsimile) or by e-mail to Dgoldber@
brownco.k12.in.us and Educational Services
Company at idike@govtconsultingserv.com on or
before 9:00 a.m. (Indianapolis Time) February 10,
2010, the person’s name, address, and telephone
number. Interested persons may also furnish an
e-mail address. The undersigned Secretary will
notify (or cause to be notified) each person so registered
of the date and time bids will be received
not less than twenty-four (24) hours before the date
and time of sale. The notification shall be made by
telephone at the number furnished by such person
and also by electronic e-mail, if an e-mail address
has been received. It is anticipated that the sale
will occur at 11:00 a.m. (Indianapolis Time) on
February 11, 2010.
At the time designated for the sale, the School
Corporation will receive at the offices of Brown
County Schools, 357 East Main Street, Nashville,
Indiana 47448, and consider bids for the purchase
of the following described Bonds:
General Obligation Bonds of 2010 (the “Bonds”)
of the School Corporation, an Indiana political
subdivision, in the principal amount of $995,000;
Fully registered form; Denomination $5,000 and
integral multiples thereof; Originally dated the date
of delivery of the Bonds; Bearing interest at a rate
or rates to be determined by bidding, payable on
July 15, 2011, and semiannually thereafter; These
Bonds will be initially issued in a Book Entry
System (as defined in the Bond Resolution) unless
otherwise requested by the successful purchaser.
Interest payable by check mailed one business day
prior to the interest payment date or by wire transfer
to depositories on the interest payment date to
the person or depository in whose name each Bond
is registered with the Registrar on the fifteenth day
immediately preceding such interest payment date;
Maturing or subject to mandatory redemption on
January 15 and July 15 on the dates and amounts
as follows:
Date – Amount: 7/15/2011 - 85,000.00; 1/15/2012
- 90,000.00; 7/15/2012 - 85,000.00; 1/15/2013
- 90,000.00; 7/15/2013 - 90,000.00; 1/15/2014
- 90,000.00; 7/15/2014 - 90,000.00; 1/15/2015
-95,000.00; 7/15/2015 - 95,000.00; 1/15/2016 -
95,000.00; 7/15/2016 - 90,000.00.
The Bonds are not subject to redemption prior to
maturity.
The Bonds have been designated as qualified
tax-exempt obligations for purposes of Section
265(b)(3).
A bid may designate that a given maturity or maturities
shall constitute a term bond, and the semiannual
amounts set forth above shall constitute the
mandatory sinking fund redemption requirements
for such term bond or bonds. For purposes of computing
net interest cost, the mandatory redemption
amounts shall be treated as maturing on the dates
set forth in the schedule set forth above.
Each bid must be for all of the Bonds and must
state the rate of interest which each maturity of
the Bonds is to bear, stated in multiples of 1/8th
or 1/20th of 1%. The maximum interest rate of the
Bonds shall not exceed 4% per annum. All Bonds
maturing on the same date shall bear the same rate,
and the rate of interest bid for each maturity must
be equal to or greater than the rate bid on the immediately
preceding maturity. Bids shall set out
the total amount of interest payable over the term
of the Bonds and the net interest cost on the Bonds
covered by the bid. No bid for less than 99% of the
face value of the Bonds will be considered. The
Bonds will be awarded to the highest qualified bidder
who has submitted a bid in accordance herewith.
The highest bidder will be the one who offers
the lowest net interest cost to the School Corporation,
to be determined by computing the total interest
on all of the Bonds to their maturities based
upon the schedule provided by the School Corporation
and deducting therefrom the premium bid, if
any, and adding thereto the discount bid, if any. No
conditional bids will be considered. The right is
reserved to reject any and all bids. If an acceptable
bid is not received for the Bonds on the date of sale
hereinbefore fixed, the sale may be continued from
day to day thereafter, during which time no bids for
less than the highest bid received at the time of the
advertised sale will be considered. No conditional
bids will be considered.
Each bid must be enclosed in a sealed envelope
addressed to the School Corporation and marked
on the outside “Bid for General Obligation Bonds
of 2010”. A good faith deposit (“Deposit”) in
the form of cash or certified or cashier’s check in
the amount of $9,950 payable to the order of the
School Corporation is required to be submitted
by the successful purchaser (the "Purchaser") not
later than 3:30 p.m. (EST) on the next business
day following the award. If such Deposit is not
received by that time, the School Corporation may
reject the bid. No interest on the Deposit will accrue
to the Purchaser. The Deposit will be applied
to the purchase price of the Bonds. In the event
the Purchaser fails to honor its accepted bid, the
Deposit will be retained by the School Corporation
as liquidated damages.
The successful bidder shall make payment to the
bank selected by the Business Manager, as registrar
(the “Registrar”) for the Bonds and accept delivery
thereof from the Registrar within five days after being
notified that the Bonds are ready for delivery,
at such place in the City of Indianapolis, Indiana,
as the successful bidder may designate. The Bonds
will be ready for delivery within 45 days after the
date of sale. If the School Corporation fails to have
the Bonds ready for delivery prior to the close of
banking hours on the forty-fifth day after the date
of sale, the bidder may secure the release of his
bid upon request in writing, filed with the School
Corporation. The successful bidder is expected to
apply to a securities depository registered with the
SEC to make such Bonds depository-eligible. At
the time of delivery of the Bonds to the successful
bidder, the bidder will be required to certify to the
School Corporation the initial reoffering price to
the public of a substantial amount of each maturity
of the Bonds.
It is anticipated that CUSIP identification numbers
will be printed on the Bonds, but neither the failure
to print such numbers on any Bond nor any error
with respect thereto shall constitute cause for failure
or refusal by the successful bidder therefor to
accept delivery of and pay for the Bonds in accordance
with the terms of its proposal. No CUSIP
identification number shall be deemed to be a part
of any Bond or a part of the contract evidenced
thereby and no liability shall hereafter attach to
the School Corporation or any of its officers or
agents because of or on account of such numbers.
All expenses in relation to the printing of CUSIP
identification numbers on the Bonds shall be paid
for by the School Corporation; provided, however,
that the CUSIP Service Bureau charge for the assignment
of said numbers shall be the responsibility
of and shall be paid for by the Purchaser. The
Purchaser will also be responsible for any other
fees or expenses it incurs in connection with the
resale of the Bonds.
The approving opinion of Ice Miller LLP, bond
counsel of Indianapolis, Indiana, together with a
transcript of the proceedings relating to the issuance
of the Bonds and closing papers in the usual
form showing no litigation questioning the validity
of the Bonds, will be furnished to the successful
bidder at the expense of the School Corporation.
The Bonds are being issued for the purpose to pay
the cost of renovations and improvements to the
infrastructure and technology at Brown County
High School and Brown County Junior High
School, and will be direct obligations of the School
Corporation payable out of ad valorem taxes to be
collected on the taxable property within the School
Corporation; however, the School Corporation's
collection of the levy may be limited by operation
of I.C. 6-1.1-20.6, which provides taxpayers with
tax credits for property taxes attributable to different
classes of property in an amount that exceeds
certain percentages of the gross assessed value of
that property. The School Corporation is required
by law to fully fund the payment of debt service on
the Bonds in an amount sufficient to pay the debt
service, regardless of any reduction in property tax
collections due to the application of such tax credits.
The School Corporation may not be able to
levy or collect additional property taxes to make up
this short fall. Brown County Schools is a school
corporation organized pursuant to the provisions of
I.C. 20-4, and the Bonds will not be “private activity
bonds” as defined in Section 141 of the Internal
Revenue Code of 1986.
The Bonds constitute an indebtedness only of the
School Corporation. Interest on the Bonds is exempt
from all income taxation in Indiana. In the
opinion of bond counsel, under the existing federal
statutes, decisions, regulations and rulings, the interest
on the Bonds is excludable from gross income
for purposes of federal income taxation.
The School Corporation has not prepared a preliminary
official statement relating to the Bonds.
Further information relative to said issue may be
obtained upon application to the Brown County
Schools c/o Dr. Dennis Goldberg, 357 East Main
Street, Nashville, Indiana 47448; (812) 988-6601,
(812) 988-5403 (facsimile) or by e-mail to Dgoldber@
brownco.k12.in.us or to Educational Services
Company, as financial advisor, c/o Ije Dike-Young,
3535 East 96th Street, Suite 126, Indianapolis,
Indiana 46240; 317-663-4400; 317-663-4404 (facsimile)
idike@govtconsultingserv.com.
If bids are submitted by mail, they should be addressed
to the School Corporation, attention of Dr.
Dennis Goldberg, 357 East Main Street, Nashville,
Indiana 47448; (812) 988-6601, (812) 988-5403
(facsimile) or by e-mail to Dgoldber@brownco.
k12.in.us
Dated this 27th day of January, 2010.
Connie Weddle
Secretary, Board of School Trustees
Brown County Schools
January 27, February 3, 2010 10-23

Obituaries
See Full List »

Jerry Depew Sr., 67, Nashville
  Husband of Phyllis Depew of Nashville

Millard Thompson, 90, Brown County
  Husband of Linda Lou (Scott) Thompson of Nineveh

Janice Mae (Rockwood) Burrier, 68, Brown County
  Member of St. Agnes Catholic Church in Nashville

  • August 1
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • August 1
    Live music at Out of the Ordinary
    7 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 1
    Bean Blossom farmers market Friday
    4 to 7 p.m. St. David's Episcopal Church, State roads 135 North and 45, Bean Blossom
  • August 1
    Friday at BCSP
    10 a.m., 1 p.m. Brown County State Park, 1810 State Road 46 East
  • August 1
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 2
    Live jazz at Out of the Ordinary
    7 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 2
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 2
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • August 2
    Live blues at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 5
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 5
    Van Buren Advisory Board and Fire Board
    6:30 p.m. Van Buren Fire Station, 6801 S. Hamilton Creek Road
  • August 5
    CRC offers orientation for diploma class
    1 p.m. CRC, 246 E. Main St., Nashville
  • August 5
    Chamber of Commerce
    8 a.m. Willow Manor, 72 Willow St.
  • August 5
    Nashville Redevelopment Commission
    4:30 p.m. Town Hall, 200 Commercial St.
  • August 5
    CSCD Building Commission
    7 p.m. CSLOA Clubhouse, 8751 Nineveh Road
  • August 5
    Tuesday at BCSP Nature Center
    10 a.m., 2 p.m. Brown County State Park, 1810 State Road 46 East
  • August 6
    Brown County Commissioners
    6 p.m. County Office Building, 201 N. Locust Lane
  • August 6
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • August 6
    Local Emergency Planning Committee
    9 a.m. Ambulance Base, 53 State Road 46 East
  • August 6
    BC SWCD
    6:30 p.m. SWCD Office, 802 Memorial Drive at the fairgrounds
  • August 6
    Concerned Citizens of Brown County
    6:30 p.m. Brown County Public Library
  • August 7
    Go Club at the library Thursdays
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 7
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone5181 State Road 46 East, Gnaw Bone
  • August 7
    WRAPS meetings
    7 to 9 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 7
    Rotary Club
    7:15 a.m. Artist Colony Inn, 105 S. Van Buren St.
  • August 7
    Nashville Town Council
    6:30 p.m. Town Hall, 200 Commercial St.
  • August 7
    CSCD Ecology Commission
    7 p.m. CSLOA Clubhouse, 8751 Nineveh Road
  • August 7
    Thursday at BCSP Nature Center
    10 a.m., 2 p.m., 8 p.m. Brown County State Park, 1810 State Road 46 East
  • August 8
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • August 8
    Live music at Out of the Ordinary
    7 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 8
    Bean Blossom farmers market Friday
    4 to 7 p.m. St. David's Episcopal Church, State roads 135 North and 45, Bean Blossom
  • August 8
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 9
    'Gangway to Galilee' Bible Camp in Bean Blossom
    8:30 a.m. to 2 p.m. Shepherd of the Hills Lutheran Church, 5802 N. Old Settlers Road at 135 North
  • August 9
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 9
    Widowed group activities
    2:30 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 9
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road
  • August 9
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • August 9
    Late night dancing at Out of the Ordinary
    9:30 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 9
    Second Saturday Village Art Walk
    5 to 8 p.m. Downtown Nashville
  • August 9
    Artists reception at art guild
    5 to 8 p.m. B.C. Art Guild, 48 Van Buren St.
  • August 9
    Live band at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 11
    Beekeepers club
    7 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 11
    BC Animal Control Board
    7 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 12
    CSCD Roads, Security commissions
    6 p.m., 7:30 p.m. CSCD Office, 8377 Cordry Drive/ CSLOA Clubhouse, 8751 Nineveh Road
  • August 12
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 12
    Widowed group euchre parties
    1 to 4 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 12
    Nashville Parking & Public Facilities
    6 p.m. Town Hall, 200 Commercial St.
  • August 12
    B.C. 4-H Fair Board
    7 p.m. 802 Memorial Drive at the fairgrounds
  • August 13
    Jeff Foster at Hobnob restaurant
    6 to 8 p.m. Hobnob, 17 W. Main St.
  • August 13
    Concerned Citizens of Brown County
    6:30 p.m. Brown County Public Library
  • August 14
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone
  • August 14
    Go Club at the library
    3:30 to 5 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 15
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • August 15
    Bean Blossom farmers market Friday
    4 to 7 p.m. St. David's Episcopal Church, State roads 135 North and 45, Bean Blossom
  • August 15
    Live band at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 16
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 16
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • August 16
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 17
    Church hosts 50-year anniversary for Catholic sister
    noon to 3 p.m. St. Agnes Catholic Church, 1008 McLary Road
  • August 18
    Public library executive session
    5:30 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 19
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive at the fairgrounds
  • August 21
    Gospel jam session
    6:30 p.m. Country Gospel Music Church, 5181 State Road 46 East, Gnaw Bone
  • August 21
    WRAPS meetings
    7 to 9 p.m. Brown County Public Library, 205 N. Locust Lane
  • August 22
    Live music at Out of the Ordinary
    7 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 22
    Bingo
    6 p.m. Fruitdale Fire Station, 5200 State Road 135 North, Bean Blossom
  • August 22
    Bean Blossom farmers market Friday
    4 to 7 p.m. St. David's Episcopal Church, State roads 135 North and 45, Bean Blossom
  • August 22
    Dave Miller at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 23
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 23
    Late night dancing at Out of the Ordinary
    9:30 p.m. Out of the Ordinary, 61 S. Van Buren St.
  • August 23
    Dave Miller at Abe Martin Lodge
    5:30 to 7:30 p.m. Abe Martin Lodge, Brown County State Park
  • August 23
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 26
    Euchre
    6 p.m. Sycamore Valley Center, 746 Memorial Drive at the fairgrounds
  • August 26
    Widowed group euchre party
    1 to 4 p.m. Sycamore Valley Center, 746 Memorial Drive (fairgrounds)
  • August 29
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • August 30
    Wagler Dairy hosts fifth annual ice cream social
    4:30 to 8 p.m. Wagler Dairy, 7085 Homestead Road
  • August 30
    Live music at winery
    7 to 10 p.m. Chateau Thomas Winery, Coachlight Square, 225 S. Van Buren St.
  • September 13
    Second Saturday Village Art Walk
    5 to 8 p.m. Downtown Nashville
  • September 13
    Free community breakfast at Sprunica church
    8 to 10 a.m. Sprunica Baptist Church, 3902 Sprunica Road