HomeMy WebLinkAboutElection Canvasses - 2024.05.07 - 41181CANVASS OF VOTES CAST
-AT THE -
SPECIAL ELECTION
-HELD ON -
MAY 7,2024
SCHOOL DISTRICT OF
THE CITY OF HAZEL PARK
CANVASSED BY THE BOARD OF COUNTY CANVASSERS
OF
OAKLAND COUNTY,MICHIGAN
CERTIFICATE OF DETERMINATION
STATE OF MICHIGAN )
)ss.
COUNTY OF OAKLAND __)
The Board of Canvassers of the COUNTY of OAKLAND 5
(COUNTY,CITY,TOWNSHIP OR VILLAGE)(COUNTY,CITY,TOWNSHIP OR VILLAGE)
having Ascertained and Canvassedthe Votes of said SCHOOL DISTRICT OF THE CITY OF HAZEL PARK(COUNTY,CITY,TOWNSHIP,VILLAGE OR SCHOOL)
at the SPECIAL Election,held on the __7TH day of MAY
in the year Two Thousand TWENTY-FOUR _.
ani
Do Hereby Certify and Determine
That the following propositions or questions were passed or defeated as indicated below:
School Improvement
Bonding Proposal Having -Resenved Sufficient votes was Passed
NAME OF PROPOSITION Not Received Defeated
STATEMENT OF VOTES SCHOOL DISTRICT OF THE
CITY OF HAZEL PARK
..Put figuresin thisThewholenumberofvotesgivenforandagainstthecolumn
Tiegpaeloseen|
School Improvement Bonding Proposal
County of Oakland
State of Michigan
Shall Hazel Park City School District,Oakland County,Michigan,borrow the sum of not to exceed |
One Hundred Fifty Million Dollars ($150,000,000)and issue its general obligation unlimited tax {fj
bonds therefor,in one or moreseries,for the purpose of:
Constructing,equipping and furnishing a new school building,erecting,furnishing,equipping and re-jf
equipping an addition to and partially remodeling,furnishing and refurnishing,equipping and re-|
equipping school facilities;acquiring,installing,equipping and re-equipping instructional technology ff
for school facilities;constructing,equipping,developing and improving athletic facilities,playgrounds |i
and play fields;and developing and improving sites.as
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in 2024,is 5.65 mills ($5.65 on |f
each estimated $1,000 of taxable valuation).The maximum number of years the bonds may be |jitewal:
outstanding,exclusive of any refunding,is thirty (30)years.The estimated simple average millage |g
anticipated to be required to retire this bond debt is 9.42 mills ($9.42 on each $1,000 of taxable
valuation).
The School District expects to borrow from the State School Bond Qualification and Loan Program |i
to pay debt service on these bonds.The estimated total principal amount of that borrowing is |}
$3,384,559 and the estimated total interest to be paid thereon is $1,255,255.The estimated ||
duration of the millage levy associated with that borrowing is 11 years and the estimated computed |i
millage rate for such levy is 13 mills ($13 per $1,000 of taxable value).The estimated computed |i
millage rate may change based on changes in certain circumstances.
The total amount of qualified bonds currently outstanding is $31,890,000.The total amount of |f
qualified loans currently outstanding is $0.00.
Pursuant to State law,expenditure of bond proceeds must be audited,and the proceeds cannot be |f ;i ‘|
used for repair or maintenance costs,teacher,administrator or employee salaries,or other |lieaaie
operating expenses.es
was
of which number 7\|4/1
votes were marked YES
and 1\;4/6/2
votes were marked NO
TOTAL VOTES 2)2/0)3
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CERTIFICATE OF DETERMINATION
In Witness Whereof,We have hereunto set our hands and affixed the Seal of
he Ciceut -(~*~the Circuit Court of Oakland County this day of MAY
BOARD
OF
LA :F y 2 CANVASSERS
CHAIRPERSON
=
CLERK OF BOARD OF CANVASSERS CHAIRPERSON SE-BOARD OF CANVASSERS
LISA BROWN