Budget Hearing & Special Town Meeting Nov 3, 2016 7PM

TOWN OF LAKE RESIDENTS

NOTICE OF

PUBLIC BUDGET HEARING

AND SPECIAL TOWN MEETING

Of Electors of the Town of Lake, Marinette County

          Notice is hereby given that the PUBLIC HEARING on the PROPOSED 2017 BUDGET for the Town of Lake will be held on Thursday, November 3rd, 2016 at 7:00 p.m. at the Lake Town Hall, W6202 Loomis Road, Porterfield, WI 54159. The proposed budget in detail is available for inspection at the clerk’s office by appointment only.

Notice is also hereby given that on Thursday, November 3, 2016 immediately following completion of the Public Hearing on the proposed year 2017 budget, a Special Meeting of the Electors called pursuant to Section 60.12 (1)(c) of the Wisconsin Statues by the town board for the following purposes will be held:

  1. To approve total highway expenditures for 2017 pursuant to Section 82.03(2) (a) of Wisconsin Statutes.
  2. To establish the compensation for elected town officers pursuant to s.60.10(1)(b)1, Wisconsin Statutes
  3. To consider the adoption of a resolution by the town meeting endorsing a town board resolution which proposes that the town levy exceed the state allowable levy limit under s.66.0602 of Wisconsin Statutes, specifically a proposed tax levy which would exceed the allowable town tax levy for 2016 by 27.23 percent which would be a dollar increase of $100,000.
  4. To approve the 2016 total town levy to be collected in 2017pursuant to Section 60.10(1)(a) of Wisconsin Statutes.
  5. To consider the adoption of a resolution authorizing the construction of a Town Public Works Building. A steel building with an approximate dimension of 60feet by 80 feet at the location within the town described as W6202 Loomis Road, Porterfield, WI 54159. The cost for constructing the building shall not exceed the sum of $350,000.00. The cost for the building may be amortized over a ten year period at an interest rate not to exceed three percent (3%) per annum.

Notice is also hereby given that the town board will hold a special board meeting after the special town meeting to adopt the 2017 Budget.

Dated this 18th day of October, 2016                                                                                                                                    

                                                                   Penny Chaikowski

                                                                   Town Clerk/Treasurer

                                                                       Town of Lake