If approved, this proposal shall restore the full amount of the original authorized millage rate that was reduced as required by the Headlee Amendment to the Michigan Constitution and provide for additional new funding.
Shall the Ypsilanti District Library, County of Washtenaw, Michigan, levy an amount not to exceed .38 mill ($.38 on each $1,000 of taxable value) against all taxable real and tangible personal property within the Ypsilanti District Library District in perpetuity beginning in the year 2011, for the purpose of providing funds for all District Library purposes authorized by law; and shall the District Library levy such new additional millage for said purpose; the estimate of the revenue the District Library will collect if the millage is approved and levied by the Library in the 2011 calendar year is approximately $769,000? A portion of the revenue collected will be required to be distributed to the City of Ypsilanti Downtown Development Authority, the City of Ypsilanti Depot Town Downtown Development Authority, the City’s School Pictures Brownfield Redevelopment Authority and the Ypsilanti Charter Township Local Development Finance Authority.