LD 1877
pg. 4
Page 3 of 6 An Act To Authorize a General Fund Bond Issue in the Amount of $20,000,000 To S... Page 5 of 6
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LR 2802
Item 1

 
housing options for the Native American tribes; repairs,
improvements and renovations to public schools; and
improvements to the Raymond H. Fogler Library at the
University of Maine, in anticipation of approximately
$10,000,000 in federal and private matching funds. The bonds
would be used for the following purposes:

 
(1) The sum of $5,000,000 for the Maine Technology
Institute's Natural Resources Applied Research Fund to
support applied forest bio-products, marine fisheries
and agricultural research to retain jobs by meeting
existing research needs in Maine's natural-resource-
based industries. These funds leverage $5,000,000 in
required matching funds;

 
(2) The sum of $2,000,000 for the Small Enterprise
Growth Fund for equity investments in small Maine
companies with potential for high growth;

 
(3) The sum of $1,000,000 for the New Century
Community Program to fund cultural investments in Pine
Tree Development Zone communities;

 
(4) The sum of $2,000,000 for weatherization of single
and multifamily homes occupied by low-income persons;

 
(5) The sum of $2,000,000 for family and elderly
housing options for Native American tribes through the
Four Directions Development Corporation, attracting
approximately $2,000,000 in federal funds;

 
(6) The sum of $6,000,000 for repairs, improvements
and renovations to public schools in anticipation of
$3,000,000 in matching local funds; and

 
(7) The sum of $2,000,000 for critical improvements and
expansion plans for the Raymond H. Fogler Library at the
University of Maine, the state research library for
business, science and technology?"

 
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 this Act, the Governor shall proclaim the result without


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