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Land for Maine's Future Board |
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| | | Provides for the use of bond proceeds to | | $50,000,000 |
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| | | be used for the acquisition of land and |
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| | | interest in land for conservation, |
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| | | water access, outdoor recreation, |
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| | | wildlife and fish habitat and |
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| | | Sec. A-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 Part. |
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| | | Sec. A-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. A-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 Part, 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. A-10. Referendum for ratification; form of question; effective date. This Part | | must be submitted to the legal voters of the State at a statewide | | election in June 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 Part by voting on the | | following question: |
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| | | "Do you favor a $50,000,000 bond issue to purchase land and | | conservation easements statewide from willing sellers for | | conservation, water access, wildlife and fish habitat, | | outdoor recreation, including hunting and fishing, and | | farmland preservation to be matched by at least $25,000,000 | | in private and public contributions?" |
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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, counted and | | declared in open ward, town and plantation meetings |
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