NOTICE OF PUBLIC HEARINGS BY THE LINTON-STOCKTON SCHOOL CORPORATION, GREENE COUNTY, INDIANA, CONCERNING A POSSIBLE 2026-2028 CAMPUS-WIDE FACILITY TRANSFORMATION PROJECT
Note: The next hearing will take place on Monday, December 16, 2024 at 6:30pm.
The citizens of the Linton-Stockton School Corporation, Greene County, Indiana (the “School Corporation”), are hereby notified that the Board of School Trustees of the School Corporation (the “Board”) is considering all or any portion of certain long-term capital renovation, upgrade, improvement and expansion projects at one or more facilities and/or outdoor physical education/co-curricular/extra-curricular facilities operated by the School Corporation and all projects related to any of the foregoing (collectively, the “2026-2028 Campus-Wide Facility Transformation Project”).
The estimated cost of the 2026-2028 Campus-Wide Facility Transformation Project will be in excess of One Million Dollars ($1,000,000), all or a portion of which will be financed by issuing one or more series of general obligation bonds and/or entering into one or more leases or one or more amendments to one or more existing leases with one or more Indiana nonprofit school building corporations or other funds as they may become available. Notice is hereby given by the undersigned that the Board will, on November 18, 2024, at 6:30 p.m. (local time), and again on December 16, 2024, at 6:30 p.m. (local time), in the Connection Center of the School Corporation located at 10 NE H Street, Linton, Indiana 47441, conduct a public hearing (1) to explain the potential value of the 2026-2028 Campus-Wide Facility Transformation Project to the School Corporation and the community, and (2) regarding a preliminary determination to issue one or more series of general obligation bonds and/or enter into a proposed lease or leases or a proposed amendment or amendments to an existing lease or leases between one or more Indiana nonprofit school building corporations, each as lessor, and the School Corporation, as lessee, to finance all or any portion of the costs of all or any portion of the 2026-2028 Campus-Wide Facility Transformation Project. The proposed lease or leases or proposed amendment or amendments to an existing lease or leases will relate to all or any portion of facilities currently operated or to be operated by the School Corporation. At each of the hearings the Board will also hear objections to, and support for, all or any portion of the 2026-2028 Campus-Wide Facility Transformation Project from the general public.
All interested parties are entitled and encouraged to attend to present their testimony and ask any questions relative to the 2026-2028 Campus-Wide Facility Transformation Project at either or both of the hearings.
Subsequent to the public hearing held on December 16, 2024, the Board expects to consider adoption of a resolution regarding the nature of the 2026-2028 Campus-Wide Facility Transformation Project and making a preliminary determination to issue one or more series of general obligation bonds and/or enter into a proposed lease or leases or a proposed amendment or amendments to an existing lease or leases for the purposes and pursuant to the terms described in this notice.
Dated the 6 th day of November, 2024.
LINTON-STOCKTON SCHOOL CORPORATION, GREENE COUNTY, INDIANA
By: Mr. Tim Grove, Superintendent