NOTICE OF MEETING
OF THE TOWNSHIP BOARD OF THE
CHARTER TOWNSHIP OF COMMERCE
Pursuant to the provisions of Section 308 of the revised Municipal Finance Act, being
Act 34, Public Acts of Michigan, 2001, as amended (MCL 141.2308), you are hereby notified
that the Township Board of the Charter Township of Commerce will hold a meeting on May 12,
2026, at 7:00 p.m. at which the Township Board will consider adopting a resolution authorizing
the issuance of the following bonds (the “Bonds”):
SPECIAL ASSESSMENT BONDS, SERIES 2026
(LIMITED TAX GENERAL OBLIGATION)
(FEDERALLY TAXABLE)
The Bonds may be issued in one or more series and will be payable primarily from
special assessments levied by the Township which the Township expects to be more than
sufficient to pay the principal of and interest on these Bonds when due. As additional security
for the prompt payment of the principal of and interest on the Bonds, the proposed Bonds will
contain a limited tax full faith and credit pledge of the Township. In the event there are
insufficient moneys for the payment of principal of and interest on the Bonds, the Township shall
levy a tax on all taxable property in the Township for the prompt payment of principal and
interest on the Bonds, which tax shall be limited as to rate and amount by applicable
constitutional and statutory limitations on the taxing power of the Township.
Melissa Creech, Clerk
Charter Township of Commerce