Shall the City of East Grand Rapids, Kent County, Michigan borrow the principal amount of not to exceed One Million Dollars ($1,000,000) and issue its general obligation unlimited tax bonds for all or a portion of that amount in one or more series payable over not to exceed thirty (30) years from issuance to pay the cost of additional and enhanced improvements as part of the proposed Community Center Complex renovation and expansion, to be used for library, parks and recreation, administrative and other public purposes, including the costs of site work, site improvements, furnishings, equipment, park, boardwalk, and parking improvements and appurtenances, the installation of street lights from the Community Center Complex to Lake Drive and to pay capitalized interest and the costs of issuing the bonds, with the first tax levy for repayment levied in July 2004?