Proposal Frequently Asked Questions as of 8/19
Proposal Background Infographic
Timeline in Developing the Lake Bottom Restoration Plan
May Newsletter Article on the Proposal
Lake Bottom Restoration Conceptual Plan
Non-motorized Pathway Conceptual Drawings
Approved Community Recreation Plan
Approved LIPOA-Village Agreement on Lake Bottom Restoration
Upcoming community informational meetings at the Village Hall.
- September 15th at 9 AM
- September 15th at 7 PM
- September 27th at 10 AM
- September 27th at 6 PM
- October 25th at 6 PM
- October 27th at 6 PM
Approved Ballot Language
RECREATION IMPROVEMENTS BOND PROPOSAL
Shall the Village of Lake Isabella, Isabella County, Michigan, borrow the principal amount of not to exceed $2,280,000 and issue its general obligation unlimited tax bonds for all or a portion of that amount in one or more series payable over not to exceed eleven years from the date of issue of each series for the purpose of designing, acquiring and constructing recreation improvements, including, without limitation, non-motorized trails, a dog park, and dredging and other improvements to Lake Isabella, together with all work and equipment necessary or incidental to these improvements, and other recreation improvements determined by the Village?
The estimated millage to be levied in the first year of levy is 2.7452 mills ($2.75 for each $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 2.75 mills ($2.75 for each $1,000 of taxable value).
Table of Estimated Millage Impact