Shall Saline Area Schools, Washtenaw County, Michigan, borrow the sum of not to exceed One Hundred Eighty Million Dollars ($180,000,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of:

Erecting, furnishing and equipping additions to school buildings; erecting, furnishing and equipping a new transportation/operations facility; remodeling, equipping and re-equipping and furnishing and refurnishing school buildings; acquiring, installing and equipping or re-equipping school buildings for instructional technology; purchasing school buses; erecting and equipping athletic structures and facilities; and acquiring, preparing, developing, improving and equipping playgrounds, athletic fields and sites?

The following is for informational purposes only:

The estimated millage that will be levied for the proposed bonds in 2023, under current law, is 0 mill ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.28 mills ($3.28 on each $1,000 of taxable valuation).