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Mail This AdLegal Advertisement NOTICE TO TAXPAYERS REGARDING DECISION
Notices : Legals
| Order no: | 60158486 |
| Publication: | Daily Journal |
| Start Date: | 03/14/2026 |
| Expires: | 03/21/2026 |
Legal Advertisement
NOTICE TO
TAXPAYERS
REGARDING DECISION
OF THE NINEVEH FIRE
PROTECTION DISTRICT,
JOHNSON COUNTY,
INDIANA, TO ENTER
INTO A LEASE WITH
THE NINEVEH FIRE
PROTECTION DISTRICT
BUILDING
CORPORATION
The taxpayers of the
Nineveh Fire Protection
District, Johnson County,
Indiana (the "District"), are
hereby notified that the
Board of Fire Trustees of
the District determined
that the District will take all
actions necessary to enter
into a lease (the "Lease")
with the Nineveh Fire Pro-
tection District Building
Corporation (the "Building
Corporation"), which in
turn will allow the Building
Corporation to issue
bonds (the "Bonds") paya-
ble from the lease rentals
received from the District
pursuant to the terms of
the Lease. The proceeds
of the Bonds will be used
to pay for the costs of the
(1) acquisition, construc-
tion, installation, and
equipping of a new fire
station and related equip-
ment and fixtures, and (2)
the acquisition by the
Building Corporation of the
real estate upon which
such new fire station and
related equipment and fix-
tures will be located, in-
cluding the site and the
appurtenances thereto
(clauses (1) and (2), col-
lectively, the "Project").
The Lease will have a
term ending on a date not
later than twenty (20)
years from the date of is-
suance of the Bonds. The
annual lease rental paya-
ble under the Lease shall
not exceed Three Hun-
dred Fifty Thousand Dol-
lars ($350,000) per year
payable in semiannual in-
stallments on January 1
and July 1 of each year
during the term of the
Lease. The District shall
pay such lease rentals
solely from the revenues
of an ad valorem tax lev-
ied by the District on all
taxable property in the
District pursuant to Ind.
Code 36-1-10-17, as
amended. The Project will
be used for the purposes
of providing fire protection,
emergency medical ser-
vices, first response ser-
vices, and special opera-
tion rescues to the District.
Dated this 14th day of
March, 2026.
BOARD OF FIRE
TRUSTEES OF THE
NINEVEH FIRE
PROTECTION DISTRICT,
JOHNSON COUNTY,
INDIANA
60158486
(J) 03-14-21-2026