Forsyth Township Library Bond Measure (May 2012)

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A Forsyth Township Library Bond Measure was on the May 8, 2012 ballot in the township of Forsyth which is in Marquette County.

This measure was defeated

  • YES 223
  • NO 724 Defeatedd[1]

This measure sought to issue a bond in the amount of $1.5 million in order to help pay for build, equip and furnish a new library building in the township.[2]

Text of measure

The question on the ballot:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Shall the Township of Forsyth, County of Marquette, Michigan, borrow the principal sum of not to exceed One Million Five Hundred Thousand Dollars ($1,500,000) and issue its general obligation unlimited tax bonds therefore, payable in not to exceed thirty (30) years from the date of issue, for the purpose of paying the cost of acquiring, constructing, furnishing and equipping a library building, including related site acquisition and improvements, and appurtenances and attachments thereto for use by the Forsyth Township Public Library? The estimated millage to be levied in 2013 is 0.46 mills ($0.46 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 0.56 mills ($0.56 per $1,000 of taxable value).

References