Sharon Township, Michigan

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August 3, 2010 Millage Proposal

ATTENTION SHARON TOWNSHIP RESIDENTS

 

Millage Proposal

 

There is a very important millage proposal on the August 3, 2010 ballot that affects every property owner in Sharon Township.

On November 20, 2009 the Washtenaw County Circuit Court entered a judgment against Sharon Township and in favor of the Gourley Family, LLC for the sum of $683,333. After deducting the $192,187 previously paid by the Township to the defendant, the net amount of the judgment is $491,146, plus statutory interest. In addition, the Court ordered the Township to pay the defendant’s attorney fees and costs in the amount of $223,720. This judgment must be paid by the Township.

The Township proposes to pay this judgment by selling bonds that would be re-paid from the proceeds of the proposed millage that is on the August 3rd ballot. If this millage is approved by the voters, each taxable parcel will be assessed 1.05 mills each year for no more than 15 years.
This would result in a tax increase of $1.05 for every $1,000 of taxable value.

If this millage proposal fails, the Township will not be able to sell bonds to pay the judgment. Instead, under Michigan law, the Township can be compelled to levy a one-time assessment against all the taxable parcels in the Township in order to pay the judgment. To pay the judgment in this manner would require an assessment of approximately 10 mills.
This would result in a one year tax increase of $10 per $1,000 of taxable value.

It is very important that all voters understand the economic implications of this ballot proposal.

If you have any questions, please contact Supervisor Rich Jones at (734) 428-1477 or Clerk Teri Aiuto at (734) 428-7002.


  

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