Solon Township Proposal -- 1.5 Mill for New Township Hall

Shall the limitation on general ad valorem taxation within the Township of Solon imposed under Article IX, Section 6 of the Michigan Constitution be increased for Solon Township by up to 1.500 mill ($1.50 per $1,000 of taxable value) for a period of five (5) years, beginning in the year 2006 and continuing through the year 2010, inclusive, subject to reduction as provided by law, on taxable property in the Township? The purpose of this new millage levy is to provide funds for the acquisition, construction, financing, equipping, and furnishing of a new township hall and related site improvements. It is estimated that a levy of 1.500 mill would provide revenue of $211,132 in the first calendar year. The revenue from this new millage levy will be disbursed by the Township of Solon to the Township.