CEDAR SPRINGS PUBLIC SCHOOLS MILLAGE PROPOSAL -- BUILDING AND SITE SINKING FUND TAX LEVY

Shall the limitation on the amount of taxes which may be assessed against all property in Cedar Springs Public Schools, Kent and Newaygo Counties, Michigan, be increased by and the board of education be authorized to levy not to exceed 1 mill ($1.00 on each $1,000 of taxable valuation) for a period of 10 years, 2012 to 2021, inclusive, to create a sinking fund for the renovation, remodeling or repair of school buildings and all other purposes authorized by law; the estimate of the revenue the school district will collect if the millage is approved and levied in 2012 is approximately $521,000?