185. Section 6. Should any greater amount be required in any year for public improvements or purposes, to be paid for from the general funds of the city, than can be raised by the council under the foregoing provisions of this chapter, such amount may be raised by tax or loan, or partly by tax and partly by loan, if authorized by three-fifths of the electors voting upon the question at a regular city election or special election called for such purpose, in accordance with chapter III of this charter. The amount that may be voted or raised by tax in any year under the provisions of this section, shall not exceed two (2) per cent of the assessed valuation of the property in the city as shown by the last preceding tax rolls made therein.
Statutory reference:
Popular vote on certain tax increases required, see M.C.L.A. § 117.5