LD 2616
pg. 3
Page 2 of 4 An Act to Authorize a General Fund Bond Issue in the Amount of $17,250,000 to C... Page 4 of 4
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LR 4076
Item 1

 
State have ratified the issuance of the bonds as set forth in this
Act.

 
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.

 
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.

 
Sec. 10. Referendum for ratification; submission at general election; form of question;
effective date. This Act must be submitted to the legal voters of the
State of Maine at the next general election in the month 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 general election, to vote on the acceptance
or rejection of this Act by voting on the following question:

 
"Do you favor a $17,250,000 bond issue for the following
purposes:

 
1. $8,000,000 to construct water pollution control
facilities, providing the state match for $12,500,000
in federal funds;

 
2. $1,250,000 to protect the State's drinking water
resources by granting funds to cities and towns for the
closure and cleanup of their solid waste landfills;

 
3. $3,000,000 to construct drinking water system
improvements that address public health threats,
providing the state match for $15,000,000 in federal
funds; and

 
4. $5,000,000 to construct new or retrofit existing
pollution control structures on Maine farms to comply
with state law?"

 
The legal voters of each city, town and plantation shall vote
by ballot on this question and designate their choice by a


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