| | Sec. 6. Allocations from General Fund bond issue. The proceeds of the sale | of bonds must be expended as designated in the following | schedule. |
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| Provides funds for the purchase of property or | interests in property to provide public access | to fresh or coastal waters that presently have | no public access or very limited public access | and to provide any necessary minor capital | improvements on the property to provide for | public access or improved accessibility. |
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| | Sec. 7. Contingent upon ratification of bond issue. Sections 1 to 6 do not | become effective unless the people of the State have ratified the | issuance of bonds as set forth in this Act. |
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| | Sec. 8. Appropriation balances at year end. At the end of each fiscal | year, all unencumbered appropriation balances representing state | money carry forward. Bond proceeds that have not been expended | within 10 years after the date of the sale of the bonds lapse to | General Fund debt service. |
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| | Sec. 9. Bonds authorized but not issued. Any bonds authorized but not | issued, or for which bond anticipation notes are not issued | within 5 years of ratification of this Act, are deauthorized and | may not be issued; except that the Legislature may, within 2 | years after the expiration of that 5-year period, extend the | period for issuing any remaining unissued bonds or bond | anticipation notes for an additional amount of time not to exceed | 5 years. |
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| | Sec. 10. Referendum for ratification; submission at statewide election; form of question; | effective date. This Act must be submitted to the legal voters of the | State of Maine at a statewide election held on the Tuesday | following the first Monday of November following passage of this | Act. The municipal officers of this State shall notify the | inhabitants of their respective cities, towns and plantations to | meet, in the manner prescribed by law for holding a statewide | election, to vote on the acceptance or rejection of this Act by | voting on the following question: |
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| "Do you favor a $5,000,000 bond issue for the acquisition of | water access sites by the Department of Inland Fisheries and | Wildlife?" |
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