- Special Sections
- June Real Estate Guide
CHURUBUSCO â€” After several strategic planning meetings and public work sessions, the board of the Smith-Green Community School Corporation made the decision to go ahead with renovation and improvement projects for the entire corporation without exceeding $6 million and not raising the tax levy.
Dick Moake, chief executive officer of Moake Park Group architecture firm, said the building needs that were presented over the past few weeks of public work sessions, have stood the test of time.
The $6 million loan, which turns into debt service rate, will not exceed the current rates, meaning that taxpayers in Smith-Green townships, both in Whitley and Noble counties, will not see an increase in property taxes over the 2011 rate.
Once the resolutions are published and filed, the project enters into a 30-day remonstrance period in which constituents have the opportunity to file a petition against the project with 125 certified voter signatures needed to apply for a referendum process, which will place the project on the November ballot for voter approval.
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