Notice is hereby given to the taxpayers of the Franklin Community School Corporation (the "School Corporation") that the Board of School Trustees (the "Board") of the School Corporation will meet at the Franklin Community Middle School Auditorium, 625 Grizzly Cub Drive, Franklin, Indiana, at the hour of 6:00 p.m. (Local Time) on March 10, 2025, to consider the following additional appropriation which the Board considers necessary to meet the need existing at this time:
An appropriation in the amount of $3,800,000, plus investment earnings thereon, on account of the 2025 Pre-School & Improvement Projects including the construction of a new Pre-School Center, renovation and improvements to school, site and athletic facilities and the purchase of real estate, equipment, buses and technology in the School Corporation (collectively, the "Project"), including the incidental expenses necessary to be incurred in connection with the Project. The funds to meet such additional appropriation are to be provided by the sale of real estate to the Franklin Community Multi-School Building Corporation.
The foregoing appropriation is in addition to all appropriations provided for in the existing budget and tax levy, and a need for such appropriation exists by reason of the inadequacy of the present buildings to provide necessary school facilities.
Taxpayers of the School Corporation appearing at the meeting shall have the right to be heard in respect to the additional appropriation.
Dated this 26th day of February, 2025.
Secretary, Board of School Trustees
Franklin Community School Corporation
