LD 2253
pg. 4
Page 3 of 6 An Act to Authorize a General Fund Bond Issue in the Amount of $50,000,000 to F... Page 5 of 6
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LR 3199
Item 1

 
Sec. A-9. 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 25
years after the date of the sale of the bonds lapse to General Fund
debt service.

 
Sec. A-10. Bonds authorized but not issued. Any bonds authorized but not
issued, or for which bond anticipation notes are not issued
within 10 years of ratification of this Part, are deauthorized
and may not be issued; except that the Legislature may, within 2
years after the expiration of that 10-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.

 
Sec. A-11. Referendum for ratification; submission at statewide election; form of
question; effective date. This Part 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 Part by
voting on the following question:

 
"Do you favor a $50,000,000 bond issue to purchase public
lands and easements statewide from willing sellers for
conservation, water access, outdoor recreation, including
hunting and fishing, wildlife and fish habitat and farmland
preservation, to be matched by $25,000,000 in private and
public contributions?"

 
The legal voters of each city, town and plantation shall vote
by ballot on this question and designate their choice by a cross
or check mark placed within a corresponding square below the word
"Yes" or "No." The ballots must be received, sorted, counted and
declared in open ward, town and plantation meetings and returns
made to the Secretary of State in the same manner as votes for
members of the Legislature. The Governor shall review the
returns and, if a majority of the legal votes are cast in favor
of the Part, the Governor shall proclaim the result without
delay, and this Part becomes effective 30 days after the date of
the proclamation.

 
The Secretary of State shall prepare and furnish to each city,
town and plantation all ballots, returns and copies of this Act
necessary to carry out the purpose of this referendum.


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