CHICAGO — In a closely watched vote, residents of Allen Park, Mich., defeated a bond referendum that would have allowed the struggling Detroit suburb to make debt payments on a controversial failed film studio development.

The rejection will likely spark a state review of the city, which has a $3.2 million deficit, half of which is due to making debt payments on the failed investment project. A state review is the first step in a process that can lead to the appointment of an emergency manager and takeover by the state of Michigan.

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