February 27, 2007 - School Bond Election

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Election Results

Charter Township of Plymouth and City or Plymouth
Plymouth-Canton Community Schools Special Election
Tuesday, February 27, 2007

These results are not official until the election is certified.  The results listed here are only for the Charter Township of Plymouth election and are for informational purposes only. This results are reliable but not guaranteed.  Please call or visit the Plymouth Township Clerk's office for more information.

 

SCHOOL IMPROVEMENT BOND PROPOSITION

School Improvement Bond Proposition will be voted on. The proposition reads as follows:

Shall the Plymouth-Canton Community Schools, Counties of Wayne and Washtenaw, State of Michigan, borrow the sum of not to exceed Sixty-Two Million One Hundred Thousand and 00/100 ($62,100,000) Dollars and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of paying for the cost of the following:

Erecting, equipping and furnishing a new middle school building and acquiring, preparing, developing and improving the site for a new middle school building;

Erecting, equipping and furnishing additions to school buildings and preparing, developing and improving sites for additions to school buildings;

Remodeling, re-equipping, re-furnishing school buildings and other facilities, preparing, developing and improving sites at school buildings and other facilities, and purchasing school buses; and

Equipping and re-equipping school buildings for technology systems and equipment?

The maximum number of years the bonds may be outstanding, exclusive of refunding, is not more than twenty-five (25) years; the estimated millage that will be levied to pay the proposed bonds in the first year is 0.60 mills (which is equal to $0.60 per $1,000 of taxable value); and the estimated simple average annual millage that will be required to retire the bonds over twenty-five (25) years is 0.53 mills annually (0.53 per $1,000 of taxable value).

If approved by the voters the bonds will be guaranteed by the State of Michigan under Section 16 of Article 1X of the State Constitution of 1963, as amended. If the School District borrows from the State of Michigan to pay debt service on the bonds under the State of Michigan’s guarantee the School District may be required to levy debt mills beyond the term of the bonds to repay the State of Michigan.

(Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, repair or maintenance costs or other operating expenses.)

 

YES

1,920

NO

2,657