Nappanee Advance-News, Volume 135, Number 35, Nappanee, Elkhart County, 1 September 2016 — Page 6

Advance News • Thursday, September 1, 2016

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GIRLS GOLF Lady Panthers earn best finish at classic North Wood had its best-ever finish at the Hall of Fame Qassic over the weekend, scoring a 295 for 17th place at the big meet. It was the Lady Panthers' third appearance there after invitations in 2010 and 2013. Westfield won the meet with a 383 followed by Columbus North's 323 score. Leading the Panthers was Summer Stillson with an 83 for 24th place overall. Mackenzie Weaver shot 85, Abby Slabaugh carded 95, and Alaina Benjamin and Madison Richner tied for 87th with dual 102 s. • HALL OF FAME CLASSIC At Greensburg Country Club (Par 70) Team standings: 1. Westfield 318, 2. Columbus Morth 323, 3. TIE Brownsburg, Fishers 266, 5. TIE Cathedral, Hamilton SE 268, 7. Carmel 269, 8. Lafayette Jefferson 273, 9. Zionsville 274, 10. Plainfield 277, 11. Lake Central 279, 12. Vincennes Rivet 280, 13. Terre Haute North 283, 14. Franklin County 286, 15. Center Grove 287, 16. Martinsville 290, 17. North Wood 295, 18. Crown Point 302, 19. Ben Davis 304, 20. Greensbuig 373. 17. NORTHWOOD (295): Summer Stillson 83, Mackenzie Weaver 85,

NOTICE OF INTENT TO SELL BONDS APPROXIMATELY $22,000,000 AD VALOREM PROPERTY TAX FIRST MORTGAGE BONDS, SERIES 2016 WA-NEE COMMUNITY SCHOOL BUILDING CORPORATION Upon not less than twenty-tour (24) hours’ notice given by the undersigned Secretary prior to the ninetieth day after this notice is first published, Wa-Nee Community Schoo Building Corporation (the “Corporation'') will receive and consider bids for the purchase of the following described Bonds. Any person interested in submitting a bid for th< Bonds must furnish in writing to the Wa-Nee Community School Building Corporation c/o H. J. Umbaugh & Associates, Certified Public Accountants, LLP, 8365 Keystone Cross ing, Suite 300, Indianapolis, Indiana 46240-0458 (317) 465-1500, (317) 465-1550 (facsimile) or bye-mail to [email protected] or [email protected] on or before 2;00p.m. (Indianapolis Time) September 15,2016, the person's name, address, and telephone number. Interested persons may also furnish an e-mail address. The under signed Secretary will notify (or cause to be notified) each person so registered of the date and time bids will be received not less than twenty-four (24) hours before the datr and time of sale. The notification shall be made by telephone at the number furnished by such person and also by electronic e-mail, if an e-mail address has been received. Notice is hereby given that electronic proposals will be received via PARITY®, in the manner described below, until the time and date specified in the Notice provided at leas 24 hours prior to the sale, which is expected to be 11:00 a.m. (Indianapolis Time), on September 20,2016. Bids may be submitted electronically via PARITY® pursuant to this Notice until the time specified in the Notice, but no bid will be received after the time for receiving bids specified above. To the extent any instructions or directions set fortt in PARITY® conflict with Notice, the terms of this Notice shall control. For further information about PARITY®, potential bidders may contact the Corporation’s advisor, H.J Umbaugh & Associates, Certified Public Accountants, LLP at (317) 465-1500 or PARITY® at (212) 849-5021. At the time designated for the sale, the Corporation will receive at the offices of H.J. Umbaugh & Associates, Certified Public Accountants, LLP, 8365 Keystone Crossing, Suit< 300, Indianapolis, Indiana, and consider bids for the purchase of the following described Bonds: Ad Valorem Property Tax First Mortgage Bonds, Series 2016 (the “Bonds”) of the Corporation, an Indiana corporation, in the principal amount of $22,000,000 (preliminary subject to change); Fully registered form; Denomination $5,000 and integral multiples thereof (or in such other denomination as requested by the winning bidder); Originalh dated the date of delivery of the Bonds; Bearing interest at a rate or rates to be determined by bidding, payable no earlier than January 15,2017, and semiannually thereafter Interest payable by check mailed one business day prior to the interest payment date or by wire transfer to depositories on the interest payment date to the person or depositor in whose name each Bond is registered with the trustee on the fifteenth day immediately preceding such interest payment date; Maturing or subject to mandatory redemptior on January 15 and July 15 beginning no earlier than July 15,2017 through and including no later than January 15,2031 on the dates and in the amounts as provided by the Corporation prior to the sale. As an alternative to PARITY®, bidders may submit a sealed bid to the Corporation’s financial advisor at the address described above until the time and on the date identified ir the notice given by, or on behalf of the Corporation, twenty-four hours prior to the sale of the Bonds. Upon completion of the bidding procedures described herein, the result; of the sealed, non-electronic bids received shall be compared to the electronic bids received by the Corporation. The Corporation reserves the right to adjust the maturity schedule following the sale in order to accomplish the Corporation’s financial objectives by reallocating debt service based upon the rates bid by the successful bidder. The Bonds shall be redeemable prior to maturity at the option of the Corporation, in whole or in part in such order of maturity as the Corporation shall direct and by lot withir maturity at face value, on or after the date selected by the Corporation's financial advisor. In the case of any redemption, 30 days’ notice will be given by mail to the registered owners of the Bonds to be redeemed, and accrued interest will be paid to the date fixed so redemption. Interest on the Bonds so called for redemption will cease on the redemption date fixed in said notice if funds are available at the place of redemption to redeen the Bonds so called on the date fixed in said notice, or thereafter when presented for payment. A bid may designate that a given maturity or maturities shall constitute a term bond, and the semi-annual amounts set forth in the schedule provided prior to the sale shal constitute the mandatory sinking fund redemption requirements for such term bond or bonds. For purposes of computing true interest cost, the mandatory redemption amount: shall be treated as maturing on the dates set forth in the schedule set forth provided prior to the sale. Each bid must be for all of the Bonds and must state the rate of interest which each maturity of the Bonds is to bear, stated in multiples of 1/Bth or 1/100th of 1%. The maximun interest rate on the Bonds shall not exceed 5.00% per annum. All Bonds maturing on the same date shall bear the same rate, and the rate of interest bid for each maturiti must be equal to or greater than the rate bid on the immediately preceding maturity. Bids shall set out the total amount of interest payable over the term of the Bonds and th< true interest cost on the Bonds covered by the bid. No bid for less than 99.50% of the face value of the Bonds will be considered. The Bonds will be awarded to the lowes responsible and responsive bidder who has submitted a bid in accordance herewith. The lowest responsible and responsive bidder will be the one who offers the lowest true .interest cost to the Corporation. The true interest cost rate is that rate which, when used to compute the total present value as of the date of delivery of the Bonds of all deb •aenfee payments on the Bonds on. the basis of semiannual compounding, produces an amount equal to the sum of the par value of the Bonds minus any premium bid plus any discount. In the event of a bidder's error in interest cost rate calculations, the interest rates and premium, if any, set forth or incorporated by reference in the Official Bk Form will be considered as the intended bid. No conditional bids will be considered. The right is reserved to reject any and all bids. If an acceptable bid is not received so the Bonds on the date of sale hereinbefore fixed, the sale may be continued from day to day thereafter, during which time no bids for less than the highest bid received at thr time of the advertised sale will be considered. Each bid not submitted via PARITY® must be enclosed in a sealed envelope addressed to the Corporation and marked on the outside “Bid for Ad Valorem Property Tax Firs Mortgage Bonds, Series 2016”. A good faith deposit ("Deposit”) in the form of cash or certified or cashier's check in the amount of $220,000 (preliminary, subject to change payable to the order of the Corporation is required to be submitted by the successful purchaser (the “Purchaser") not later than 3:30 p.m. (Indianapolis Time) on the nex business day following the award. If such Deposit is not received by that time, the Corporation may reject the bid. No interest on the Deposit will accrue to the Purchaser The Deposit will be applied to the purchase price of the Bonds. In the event the Purchaser fails to honor its accepted bid, the Deposit will be retained by the Corporation a: liquidated damages. The successful bidder shall make payment for such Bonds and accept delivery thereof within five days after being notified that the Bonds are ready for delivery, at such place in the City of Indianapolis, Indiana, as the successful bidder may designate, or at such other location mutually agreed to by the School Corporation and the successful bidder The Bonds will be ready for delivery within 45 days after the date of sale. If the Corporation fails to have the Bonds ready for delivery prior to the close of banking hours or the forty-fifth day after the date of sale, the bidder may secure the release of his bid upon request in writing, filed with the Corporation. The successful bidder is expected tr apply to a securities depository registered with the SEC to make such Bonds depository-eligible. At the time ot delivery of the Bonds to the successful bidder, the bidder will tx required to certify to the Corporation (i) the initial reoffering price to the public of a substantial amount of each maturity of the Bonds, if the Bonds are reoffered, or (ii) that the bidder is purchasing the Bonds for its own accounts and not with the present view of reselling, distributing or otherwise disposing of all or any part of the Bonds, if the Bond; are not reoffered. Bidders must comply with the Rules of PARITY® in addition to requirements of this Notice of Intent to Sell Bonds. To the extent there is a conflict between the Rules of PAR ITY® and this Notice of Intent to Sell Bonds, this Notice of Intent to Sell Bonds shall control. Bidders may change and submit bids as many times as they wish during the sale but they may not withdraw a submitted bid. The last bid submitted by a bidder prior to the deadline for the receipt of bids will be compared to all other final bids to determinr the winning bid. During the sale, no bidder will see any other bidder's bid, nor will they see the status of their bid relative to other bids (e.g., whether their bid is a leading bid) It is anticipated that CUSIP identification numbers will be printed on the Bonds, but neither the failure to print such numbers on any Bond nor any error with respect theretc shall constitute cause for failure or refusal by the successful bidder therefor to accept delivery of and pay for the Bonds in accordance with the terms of its proposal. No CUSIF identification number shall be deemed to be a part of any Bond or a part of the contract evidenced thereby and no liability shall hereafter attach to the Corporation or any o its officers or agents because of or on account of such numbers. All expenses in relation to the printing of CUSIP identification numbers on the Bonds shall be paid for by thr Corporation; provided, however, that the CUSIP Service Bureau charge for the assignment of said numbers shall be the responsibility of and shall be paid for by the Purchaser The Purchaser will also be responsible for any other fees or expenses it incurs in connection with the resale of the Bonds. The approving opinion of Ice Miller LLP, bond counsel of Indianapolis, Indiana, together with a transcript of the proceedings relating to the issuance of the Bonds and closinr papers in the usual form showing no litigation questioning the validity of the Bonds, will be furnished to the successful bidder at the expense of the Corporation. The Corporation was organized for the purpose of constructing and renovating school facilities and leasing such facilities to Wa-Nee Community Schools. All action has beer taken and the Bonds are issued in compliance with the provisions of I.C. 20-47-3. The Bonds will be secured by a Trust Indenture between the Corporation and a trustee ban! and will be subject to the terms and provisions of said Trust Indenture. The Corporation will certify as to facts to support the conclusion that the Bonds do not constitute privati activity bonds as defined in Section 141 of the Internal Revenue Code. The property to be covered by the Trust Indenture has been leased for a period of 22 years to Wa-Nee Community Schools. The Lease Agreement provides for rental durinr renovation in the amount of $990,000 per payment, payable on June 30,2017 through the completion of construction. Thereafter, the Lease Agreement provides for payment; in the amount of $3,387,000, plus the payment of all taxes and assessments, which annual rental is payable semiannually on June 30 and December 31 in each year, com mendng with the completion of the project or June 30,2019, whichever is later. After the sale of all Bonds issued by the Corporation to pay for the cost of said construction and renovation, including the acquisition of real estate and other expenses incidents thereto, the annual rental shall be reduced to an amount equal to the multiple of SI,OOO next highest to the highest sum of principal and interest due on such Bonds in eact twelve month period ending on Januaiy 15 plus $20,000, payable in equal semiannual installments. All bidders shall be deemed to be advised as to the provisions of thr above-mentioned Trust Indenture and Lease Agreement and the provisions of the aforesaid I.C. 20-47-3. The Bonds constitute an indebtedness only of the Corporation, payable in accordance with the terms of the above-mentioned Trust Indenture. In the opinion of bond counsel under the existing statutes, decisions, regulations and rulings, the interest on the Bonds is exempt from all income taxation in Indiana. In the opinion of bond counsel, unde the existing federal statutes, decisions, regulations and rulings, the interest on the Bonds is excludable from gross income for purposes of federal income taxation. The Corporation has prepared a Preliminary Official Statement relating to the Bonds which it has deemed to be a nearly final Official Statement. A copy of the Preliminary Of ficial Statement may be obtained from the Corporation's financial advisor, H.J. Umbaugh & Associates, Certified Public Accountants, LLP, 8365 Keystone Crossing, Suite 300 Indianapolis, Indiana 46240-0458. Within seven (7) business days of the sale, the Corporation at its own expense will provide the successful bidder with copies of the fina Official Statement Jn such quantity as the bidder shall request in order for such bidder to comply with Section (b)(4) of SEC Rule 15c2-12 and the rules of the Municipal Securi ties Rulemaking Board. Additional copies, at the purchaser's expense, must be requested within five (5) business days of tfie sale. Inquiries concerning matters containec in the neatly final Official Statement must be made and pricing and other information necessary to complete the final Official Statement must be submitted by the successfu bidder within two (2) business days following the sale to be included in the final Official Statement. The School Corporation has agreed to enter into a Master Continuing Disclosure Undertaking in order to permit the successful purchaser to comply with the SEC Rule 15c2-12 A copy of such Master Continuing Disclosure Undertaking is available from the School Corporation or financial advisor at the addresses below. Further information relative to the aforementioned Bonds and a copy of the nearly final Official Statement may be obtained upon application to H.J. Umbaugh & Associates Certified Public Accountants, LLP, 8365 Keystone Crossing, Suite 300, Indianapolis, Indiana 46240-0458, financial advisor to Wa-Nee Community Schools; Randall Hesser Warrick & Boyn, LLP, 121 West Franklin Street, Elkhart, Indiana 46516, attorney for the School Corporation; or Joe Sabo, Superintendent, Wa-Nee Community Schools, 13CK North Main Street, Nappanee, Indiana 46550. If bids are submitted by mail, they should be addressed to H.J. Umbaugh & Associates, Certified Public Accountants, LLP, 8365 Keystone Crossing, Suite 300, Indianapolis, Indiana 462404)458. Dated this 31st day of August, 2016. Eric Brown Secretary, Board of Directors Wa-Nee Community School Building Corporation

NOTICE OF UNSUPERVISED ADMINISTRATION 1 In the Elkhart Circuit Court of Elkhart County, Indiana. Notice is hereby given that TIFFINY D. SCHWARTZ was on the ; 23rd day of August, 2016, appointed Personal Representative iSSa"! authorized to administer said estate without Court supervision. All persons who have claims against said estate, whether or

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tlon of this notice or/Within nine (9) months after the decedent's death, whichever Is earlier, or the claims will be forever barred. Dated at Goshen, Indiana, this 23rd day of August, 2016. Wendy Hudson Clerk of the Elkhart Circuit Court for Elkhart County, Indiana Christopher G. Walter, Attorney Estate No. 20C01-1608-EU-140 September 1 ,8,2016 AN0793 hepttdp

Sports/Local

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Abby Slabaugh 95, Alaina Benjamin 102, Madison Richner 102 Lady Panthers win on Senior Night North Wood celebrated Senior Night with a Northern Lakes Conference victory over visiting Concord at home at McCormick Creek Aug. 25. Seniors Summer Stillson and Alaina Benjamin, both fouryear letterwinners, carded scores of 37 and 48, respectively. Mackenzie Weaver shot 41, Madison Richner shot 44, and Abby Slabaugh matched teammate Benjamin's 48 as the Panthers won 170-197. • NORTHWOOD 170, CONCORD 197 At McCormick Creek GC Front 9 (Par 36) NORTHWOOD (170): Summer Stillson 37 (VAR Medalist), Mackenzie Weaver 41, Alaina Benjamin 48, Madison Richner 44, Abby Slabaugh 48. CONCORD (197): Erika Shirley 45, Lauren Boessler 51, Maddy Huxford 59, Camryn Cramer 49, Gabby Sponseller 52. Records: North Wood 4-0 (3-0 NLC) JV score: North Wood 202, Concord NS NORTHWOOD JV (202): Hope Cripe 49, Delaney Davis 47 (JV Medalist), Makenna Gall 52, Kylee Gall 54, Kirsten Schrock 79

STATE OF INDIANA COUNTY OF ELKHART IN THE ELKHART CIRCUIT COURT 2016 TERM CAUSE NO. 20C01 -1607-ES-38 IN RE: THE ESTATE. OF MARION P. WENGER NOTICE QFAPMINtSTRATIQN Notice is hereby given that on the 18th of July, 2016, Andrew M. Wenger and Douglas D. Wenger were appointed Co-Per-sonal Representatives of the Estate of Marlon P. Wenger, deceased, who died on June 10, 2016. All persons having claims against this estate, whether or not now due, must file the claim

September 1,8,2016 PNO6OB hapaxlp

I MPP 806 * W- 8 in the office of the Clerk of this Court within three (3) months from the date of the first publication of this notice, or within nine (9) months after the decedent's death, whichever is earlier, or the claims will be forever barred. Dated at Goshen, Indiana, this 3rd day of August, 2016. Wendy Hudson Clerk, Elkhart Circuit Court Loren R. Stoat, #363-20 KINDIG & SLOAT, PC Attorney for the Estate P.0.80x 31 102 Heritage Parkway Nappanee, Indiana 46550-0031 (574) 773-7996 Auguet 28, September 1,2018 AN0254 ttePtedp

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DAT photo North Wood's Jaron Mullett fights for a header during a boys soccer game with Northridge last week.

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DAT photo North Wood's Jadon Steinmetz slides on the field during a boys soccer game with Northridge. BTH GRADE VOLLEYBALL North Wood Bth beats Northridge North Wood's eighth grade volleyball A team defeated Northridge in two games Aug. 25. Ali Dutkowski and Kennedy Hochstetler led at the net with three kills each, while Reagan Kolbe served three aces.

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Tractors shown Photos by Amy Lant-Wenger Exhibitors from across northern Indiana, along with Wakarusa farm families and membejs of Nappanee's "Power from the Past" organization all turned out in record numbers to show off their antique tractors during fourth annual "Historic Ag Days," held this past weekend at the WakaYusa Historical Museum, celebrating innovations in agriculture.

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