Legal Notice
NOTICE OF ELECTION ON ISSUE OF BONDS
R.C. 133.18,3501.11(G)
Notice is hereby given that in pursuance of a Resolution of the Board of Education of the River View Local School District of Coshocton County, Ohio, passed on the 11th day of April, 2016, there will be submitted to a vote of the people at the Special Election to be held at the regular places of voting on Tuesday, the 2nd day of August, 2016, the question of issuing bonds in the principal amount of 43,456,780 dollars for the purpose of paying the local share of school construction under the State of Ohio Classroom Facilities Assistance Program and other improvements. The maximum number of years over which the principal of the bonds may be paid is 38 years. The estimated additional average annual property tax levy amounts to $.47 for each one hundred dollars of tax valuation, which is 4.7 mills for each one dollar of tax valuation, in excess of the tax limitation as estimated and certified by the County Auditor. The first calendar year in which the tax is expected to be due is 2017.
An additional levy of tax be made for a period of 23 years to benefit River View Local School District, the proceeds of which shall be used to pay the cost of maintaining the classroom facilities included in the project at the rate of 0.5 mill for each one dollar of valuation?
The polls for the election will be open at 6:30 a.m. and remain open until 7:30 p.m. on election day.
By order of the Board of Elections, of
Coshocton County, Ohio.
Steve Hall, Chair
Stephanie Slifko, Director
Dated 11 April , 2016
CCB: July 20,27’16
Category: Legal Notices
