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The taxpayers of the Jennings County School Corporation, Jennings County, Indiana (the “school corporation”), are hereby notified that on August 21, 2025, the Board of School Trustees of the school corporation (the “board”) adopted a resolution which determined that the school corporation will issue general obligation bonds of the school corporation, payable out of ad valorem property taxes collected by the school corporation on all taxable property within the geographical boundaries of the school corporation, to be designated “Jennings County School Corporation, Jennings County, Indiana, General Obligation Bonds, Series 2025” in an original aggregate principal amount not to exceed two million nine hundred thousand dollars ($2,900,000), with a final maturity ending no later than January 15, 2045, and bearing interest at a rate or rates not exceeding five and one-half percent (5.50%), the exact rate or rates to be determined by bidding or negotiation (the “Bonds”).
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