NOTICE TO TAXPAYERS
April 3, 2014
NOTICE TO TAXPAYERS REGARDING DETERMINATION TO ISSUE NOTES OF LIBERTY TOWNSHIP, WELLS COUNTY, INDIANA
The taxpayers of Liberty Township, Wells County, Indiana (the “Township”), are hereby notified that on March 26, 2014, the Township Board of Liberty Township, Wells County, Indiana, adopted a resolution determining to issue notes of the County pursuant to IC 36-9-41, in an original aggregate principal amount not to exceed $470,000, for the purposes of procuring funds to pay for acquisition, construction and improvements for a fire station located in the County. The notes shall be payable in equal and approximately equal installments, on July 1 and January 1 of each year with a final maturity date of not later than January 1, 2024, and shall bear interest at a rate not to exceed three and one-half percent (3.50%) per annum, the exact rate to be determined through negotiation with a financial institution. The notes shall be payable from ad valorem property taxes levied and collected on all taxable property in the County.
Dated this 3rd day of April, 2014.
oj, nb 4/3