Such question shall be in substantially the following form:
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    Shall  bonds  in  the  amount  of
 $……. be issued by the city (or        YES
 village  or  incorporated  town as
 the  case  may be) of …. for the    ———————–
 purpose of ………… (state
 purpose), bearing interest at the         NO
 rate of not to exceed ….%?
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