VOTE411 Voter Guide

Shall the City of Negaunee, Marquette County, Michigan, borrow the principal sum of not to exceed One Million TwoHundred Fifty Thousand Dollars ($1,250,000) and issue its general obligation unlimited tax bonds payable over a periodnot to exceed twenty years from date of issuance, to be used by the City for the purpose of paying the cost of acquiring andconstructing improvements to the City ice arena, including, but not limited to renovating/reconfiguring the locker rooms,kitchen, and bathrooms, upgrading the bleachers and seating, replacing the chiller and insulating the dehumidifier, togetherwith all necessary site improvements, including parking and lighting, and appurtenances and attachments thereto? Theestimated millage to be levied in 2026 is 0.4977 mills ($0.4977 per $1,000 of taxable value) and the estimated simpleaverage annual millage rate required to retire bonds is 0.4986 mills ($0.4986 per $1,000 of taxable value).