Public Notice: Sharon Township (Chelsea and Napoleon School Districts)
NOTICE OF ELECTION
TO THE QUALIFIED ELECTORS OF the Township of Sharon:
NOTICE IS HEREBY GIVEN THAT ON
TUESDAY, NOVEMBER 5, 2019
FROM 7:00 A.M. TO 8:00 P.M.
AN ELECTION WILL BE HELD FOR THE PURPOSE OF VOTING ON ONE (1) Chelsea School District proposal and One (1) Napoleon Community Schools Proposal (SEE BELOW FOR SUMMARY).
Full text of the ballot proposition may be obtained at the administration offices of Chelsea School District, 500 Washington Street, Chelsea, Michigan 48118-119, telephone: (734) 433-2208 or at www.washtenaw.org/elections. A sample ballot may be viewed at mi.gov/vote.
Full text of the ballot proposition may be obtained at the administrative offices of Napoleon Community Schools, 200 West Street, Napoleon, Michigan 49261-0308, telephone: (517) 536-8667 or at www.washtenaw.org/elections. A sample ballot may be viewed at mi.gov/vote.
If you have any questions regarding your voter registration or the upcoming election, please visit www.michigan.gov/vote or contact the County Clerk’s Office at 734-222-6730.
PRECINCTS AND POLLING LOCATIONS ARE AS FOLLOWS:
SHARON TOWNSHIP:
1. Sharon Township Hall, 18010 W Pleasant Lake Road
All polling locations are accessible to voters with disabilities. The voter assist terminal, Braille and audio instruction are also available in all polling locations. Absentee ballots are available for all elections; registered voters may contact the local clerk to obtain an application for an absent voter ballot.
PROPOSAL SUMMARIES:
CHELSEA SCHOOL DISTRICT PROPOSAL
Shall Chelsea School District, Washtenaw and Jackson Counties, Michigan, borrow the sum of not to exceed Eighty-One Million Dollars ($81,000,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of:
erecting, furnishing, and equipping additions to and remodeling, furnishing and refurnishing, and equipping and re-equipping existing school buildings and other facilities; acquiring and installing instructional technology in school buildings; purchasing school buses; and preparing, developing, equipping, and improving playgrounds, athletic fields and facilities, and sites?
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in 2020, under current law, is .60 mill ($0.60 on each $1,000 of taxable valuation) for a -0- mill net increase over the prior year’s levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.07 mills ($3.07 on each $1,000 of taxable valuation).
The school district expects to borrow from the State School Bond Qualification and Loan Program to pay debt service on these bonds. The estimated total principal amount of that borrowing is $0.00 and the estimated total interest to be paid thereon is $38,182. The estimated duration of the millage levy associated with that borrowing is two (2) years and the estimated computed millage rate for such levy is 7.0 mills. The estimated computed millage rate may change based on changes in certain circumstances.
The total amount of qualified bonds currently outstanding is $23,065,000. The total amount of qualified loans currently outstanding is approximately $3,342,068.
(Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
NAPOLEON COMMUNITY DISTRICT PROPOSAL
This proposal will allow the school district to continue to levy the statutory rate of not to exceed 18 mills on all property, except principal residence and other property exempted by law, required for the school district to receive its revenue per pupil foundation allowance. The remaining .2225 mill is only available to be levied to restore millage lost as a reduction required by the “Headlee” amendment to the Michigan Constitution of 1963 and will only be levied to the extent necessary to restore that reduction.
Shall the limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Napoleon Community Schools, Jackson and Washtenaw Counties, Michigan, be increased by 18.2225 mills ($18.2225 on each $1,000 of taxable valuation) for a period of 4 years, 2020 to 2023, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2020 is approximately $1,355,893 (this is a renewal of millage that expired with the 2019 tax levy)?
Washtenaw County Clerk/Register
200 N. Main Street, Ste. 120
Ann Arbor, MI 48104
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