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legal voters within the City of Calais at a special or regular city | meeting or election held prior to July 1, 2002. The election must | be called, advertised and conducted according to law. The city | clerk shall prepare the required ballots, on which the city clerk | 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 Calais School | District from $6,000,000 to 10% of the city valuation?" |
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| | The voters shall indicate by a cross or check mark placed | against the words "Yes" or "No" their opinion on the question. |
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| | The results must be declared by the municipal officers of the | City of Calais and due certificate of the results filed by the | city clerk with the Secretary of State. |
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| | This Act takes effect immediately upon its acceptance by a | majority of the legal voters voting at the election. |
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| | This bill raises the debt limit of the Calais School District | from $6,000,000 to 10% of city valuation. |
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