Shall the Township of Sharon, Michigan, borrow the principal sum of not to exceed Eight Hundred Eighty Thousand Dollars and No Cents ($880,000.00) and issue its general obligation unlimited tax bonds therefor, in one or more series, payable in not more than fifteen (15) years from issuance, for the purpose of paying a judgment in the Washtenaw County Circuit Court against the Township of Sharon, Michigan (the “Township”) in favor of the Gourley Family, LLC, the costs and interest on the judgment, and all cost in connection with issuing said bonds? The estimated millage to be levied in 2010 is 1.05 mills ($1.05 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is .8965 mills ($0.8965 per $1,000 of taxable value). The millage will be used to pay debt service on the bonds. THE PRINCIPAL AND INTEREST OF THE GENERAL OBLIGATION BONDS SHALL BE PAYABLE FROM THE GENERAL FUNDS OF THE TOWNSHIP INCLUDING AD VALOREM TAXES LEVIED WITHOUT LIMITATION IN SUFFICIENT AMOUNTS TO PAY THE ANNUAL PRINCIPAL OF AND INTEREST ON THE BONDS.