As a renewal of millage previously approved by the electors which has expired, shall the limitation on the amount of taxes which may be imposed on taxable property in the Charter Township of Pittsfield, County of Washtenaw, Michigan, be increased by 0.4855 mill ($0.4855 per $1,000 of taxable value) for a period of ten (10) years, 2016 to 2025, inclusive, to provide funds for maintaining, developing and acquiring recreation facilities and parks. It is estimated that 0.4855 mill would raise approximately $849,464 when first levied in 2016.