Center Line School District Bond Measure (August 2011)
This measure was defeated
- YES 1,408 (47.1%)
- NO 1,580 (52.9%)
This measure sought to issue a bond in the amount of $44.9 million in order to help pay for a new elementary school, upgrading technology in current school buildings and upgrade and renovate the school athletic fields.
Text of measure
The question on the ballot:
| Shall the Center Line Public Schools, County of Macomb, State of Michigan, borrow the sum of not to exceed Forty-Four Million Nine Hundred Seventy Thousand ($44,970,000) Dollars and issue its general obligation unlimited tax bonds therefore, in one or more series, for the purpose of paying for the cost of the following:
• Equipping and re-equipping school buildings for technology equipment and systems; • Erecting, equipping and furnishing a new elementary school building and additions to school buildings; • Remodeling, equipping, re-equipping, furnishing and re-furnishing school buildings, athletic fields, playgrounds and other facilities and the purchase of school buses; and • Preparing, developing and improving sites at school buildings, athletic fields and playgrounds and the construction of an athletic field support building?
The estimated millage that will be levied to pay the proposed bonds in the first year is 4.78 mills ($4.78 per $1,000 of taxable value). The maximum number of years the proposed bonds may be outstanding, exclusive of refunding, is not more than thirty (30) years; and the estimated simple average annual millage that will be required to retire the proposed bonds over thirty (30) years is 7.98 mills annually ($7.98 per $1,000 of taxable value).
State of Michigan
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