| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. P&SL 1925, c. 4, §5, first sentence, as amended by P&SL 1973, c. 47, | is further amended to read: |
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| To procure funds for the purposes of this Act and such other | expenses as may be necessary to the carrying out of said | purposes, the said district, by its trustees, is hereby | authorized to issue notes and bonds, but shall not incur a total | indebtedness exceeding the sum of $2,500,000 $5,000,000 at any | one time outstanding. |
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| | Sec. 2. Referendum; effective date. This Act must be submitted to the | legal voters of the City of Brewer no later than December 31, | 2001. The election must be called, advertised and conducted | according to the law relating to municipal elections, except that | the board of registration in the City of Brewer is not required | to prepare for posting, nor is the city clerk required to post, a | new list of voters. For the purpose of registration of voters, | the board of registration must be in session the 3 secular days | next preceding the election, the first 2 days to be devoted to | the registration of voters and the last day to enable the board | to verify the corrections of the lists of voters and to complete | and close up their records of these sessions. |
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| | The city clerk shall prepare the required ballots and shall | reduce the subject matter of this Act to the following question: |
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| "Do you favor increasing the debt limit of the City of | Brewer High School District from $2,500,000 to $5,000,000?" |
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| | The voters shall indicate by a cross or check mark placed | against the words "Yes" or "No" their opinion of the same. |
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| | This Act takes effect immediately upon its approval by a | majority vote of the legal voters voting at the election, | provided the total number of votes cast for and against the | approval of this Act at the election equals or exceeds 20% of the | total vote for all candidates for Governor in the city at the | most recent gubernatorial election. |
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| | The election results must be declared by the municipal | officers of the City of Brewer and due certificate of the results | filed by the city clerk with the Secretary of State. |
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