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and supervision of the Department of Economic and Community | | Development. |
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| | | Sec. 6. Allocations from General Fund bond issue. The proceeds of the sale | | of the bonds must be expended as designated in the following | | schedule. |
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| | | ECONOMIC AND COMMUNITY DEVELOPMENT, |
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| | | Funds to be allocated to the Gulf | | $4,000,000 |
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| | | of Maine Aquarium to design and |
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| | | construct the Gulf of Maine Research |
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| | | Laboratory to partner with the fishing |
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| | | community on marine research to protect |
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| | | and enhance the commercial fishery of |
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| | | the Gulf of Maine; to partner with the |
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| | | marine biotechnology industry to |
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| | | undertake marine biotechnology research; |
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| | | and to develop and make available an |
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| | | innovative marine sciences education hall |
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| | | focused on middle and secondary school |
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| | | students and the general public. |
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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 ratify 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 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 |
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