After much deliberation and discussion with the community, the Kalamazoo County Road Commission and Legal Counsel the Board of Trustees approved, by resolution, to seek voter approval for a $9.75 million bond sale to be paid back over a 10 year period. The election will be held February 24, 2015. The ballot language will be as follows.
Kalamazoo Charter Township Road Bond Proposal
Shall the Charter Township of Kalamazoo, County of Kalamazoo, Michigan, borrow the principal sum of not to exceed Nine Million Seven Hundred Fifty Thousand Dollars ($9,750,000) and issue its general obligation unlimited tax bonds, in one or more series, payable in not to exceed eleven (11) years from the date of issue of each series, for the purpose of paying the cost of acquiring constructing, furnishing and equipping road improvements in the township, including necessary rights-of-way, sidewalks, proper drainage facilities and appurtenances and attachments thereto?
If approved, the estimated millage to be levied in 2015 is 1.30 mills ($1.30 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 2.51 mills ($2.51 per $1,000 of taxable value).
for a map showing preliminary plans for the road improvements.
for an alphabetical listing of the type of improvement and when, for each road slated for improvement, if the above bond proposal is passed.
An interview with Supervisor Ronald Reid, updating information on the transportation bond issue on PMN's Connect, is available by Clicking Here
An earlier discussion of just Kalamazoo Township Roads on PMN is available by clicking here
. The following links will take you to the charts that were shown on the program.
There is additional information on the Transportation and Roads
page on our web site. Any new information will be posted on these pages as it becomes available.
If you would like to speak with someone on the board concerning roadway improvements please contact Supervisor Reid, email@example.com
or Treasurer Cochran, firstname.lastname@example.org
or call them at 381-8080.