Sec. 7. Disbursement of bond proceeds allocated to Bureau of Parks and Lands, Department of Conservation. The proceeds of the bonds allocated to the Bureau of Parks and Lands, Department of Conservation must be expended for capital improvements in state parks, historic sites and in other state-owned parks. These bond funds must be matched with at least $250,000 in public and private contributions. To the extent the purposes are consistent with disbursement provisions in this Act, 100% of these bond proceeds may be considered as state match for any federal funding to be made available to the State.

Sec. 8. Allocations from General Fund bond issue. The proceeds of the sale of the bonds authorized under this Act must be expended as designated in the following schedule.

EXECUTIVE DEPARTMENT

State Planning Office

Land for Maine's Future Board

All Other $60,000,000

Provides for the use of bond proceeds to be used for the acquisition of land and interest in land for conservation, water access, outdoor recreation, wildlife and fish habitat and farmland preservation.

Department of Conservation

Bureau of Parks and Lands

All Other $5,000,000

Provides for the use of bond proceeds to make capital improvements and conduct major maintenance at state parks and historic sites and other state-owned parks.

Sec. 9. Contingent upon ratification of bond issue. Sections 1 to 8 do not become effective unless the people of the State ratify the issuance of the bonds as set forth in this Act.