NOTICE TO TAXPAYERS OF HEARING ON PROPOSED CUMULATIVE
CAPITAL DEVELOPMENT FUND
Notice is hereby given to the taxpayers of the Town of Churubusco, Whitley County, Indiana, that the Churubusco Town Council will consider at Churubusco Town Hall, 215 Home Avenue, Churubusco, IN 46723 at 6:30 pm on Wednesday, February 6, 2019, the establishment of a Cumulative Capital Development Fund under the provisions of Indiana Code 36-9-15.5 for the purposes as follows: For all uses as set out in IC 36-9-15.5.
The tax will be levied on all taxable real and personal property within the taxing district and
will not exceed $.05 per $100 of assessed valuation. The proposed fund will be levied beginning with taxes due and payable in the year 2020. Taxpayers appearing at such hearing shall have the right to be heard thereon. The proposal for establishment of the Cumulative Capital Development Fund is subject to approval by the Department of Local Government Finance.
Within 30 days after the date of the adoption of the cumulative fund by the Churubusco Town Council, the Town of Churubusco will publish a Notice of Adoption. Upon publication of the Notice of Adoption, fifty (50) or more taxpayers in the taxing district may file a petition with the County Auditor not later than noon 30 days after the publication of the Notice of Adoption setting forth their objections to the proposed fund.
Dated this 3rd day of January, 2019.
Churubusco Town Council
