| | Sec. 5. Disbursement of bond proceeds. The proceeds of the bonds must | be expended as set out in section 6 under the direction and | supervision of the University of Maine System and the Maine | Maritime Academy. |
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| | Sec. 6. Allocations from General Fund bond issue for improvements at the State's | public universities and the Maine Maritime Academy. The proceeds of the sale | of the bonds must be expended as designated in the following | schedule. |
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| | To pay a portion of design and | | $21,000,000 |
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| | construction costs for the library |
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| | addition and the renewal of a classroom |
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| | To pay a portion of the construction | | $8,000,000 |
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| | of a technology classroom and student |
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| | To pay a portion of the construction of an | | $5,000,000 |
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| | education classroom facility. |
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| | To pay a portion of the construction of a | | $3,200,000 |
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| | health/tech center connector building |
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| | and the renewal of a library/classroom. |
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| | To pay a portion for improvements to the | | $4,000,000 |
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| | To pay a portion of the construction of | | $6,000,000 |
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| | a health and physical education complex. |
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| UNIVERSITY OF SOUTHERN MAINE |
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| | To pay a portion of the construction of | | $14,000,000 |
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| | a community education facility and the |
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| | renewal of a library/classroom. |
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| | To pay a portion of the construction and | | $4,000,000 |
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| | renovation of dormitories, classrooms and |
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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 the 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 $65,200,000 bond issue to make improvements | to the State's 7 public universities and the Maine Maritime | Academy?" |
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| | 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, |
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| 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 this Act, the Governor shall proclaim the result without | delay, and this Act becomes effective 30 days after the date of | the proclamation. |
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| | 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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| | The funds provided by this bond issue, in the amount of | $65,200,000, will be used to fund a variety of improvements at | the State's 7 public universities and the Maine Maritime Academy. | Twenty-one million dollars of the bond proceeds are allocated to | the University of Maine for the construction of an addition to | the library and the renewal fee for the art classroom facility. | Eight million dollars are allocated to the University of Maine at | Augusta for the construction of a combination technology | classroom and student center facility. Five million dollars are | allocated to the University of Maine at Farmington for the | construction of an education classroom facility. Three million | two hundred thousand dollars are allocated to the University of | Maine at Fort Kent for the construction of a combination health | and technology center connector building and the renewal of a | combination library and classroom. Four million dollars are | allocated to the University of Maine at Machias for improvements | to the science laboratory. Six million dollars are allocated to | the University of Maine at Presque Isle for the construction of a | health and physical education complex. Fourteen million dollars | are allocated to the University of Southern Maine for the | construction of a community education facility and the renewal of | the combination of a classroom and library. Four million dollars | are allocated to the Maine Maritime Academy for the construction | and renovation of dormitories, classrooms and laboratories. |
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