LD 997
pg. 3
Page 2 of 3 An Act To Authorize a General Fund Bond Issue To Match Available Federal Funds ... LD 997 Title Page
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LR 2237
Item 1

 
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 purposes of this referendum.

 
SUMMARY

 
The funds provided by this bond issue, in the amount of
$1,000,000, will be used to repair, upgrade and construct Maine
National Guard armories and facilities. State funds spent on
repair leverage federal funds at a one-to-one ratio. State funds
spent on construction leverage federal funds at a one-to-three
ratio.


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