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| | | Sec. E-1. 30-A MRSA §5681, sub-§5, ¶¶A and B, as amended by PL 2003, c. | | 20, Pt. W, §1, are further amended to read: |
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| | A. For months beginning before July 1, 2005 2007, 5.1%; and |
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| | B. For months beginning on or after July 1, 2005 2007, | | 5.2%. |
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| | | Sec. F-1. 4 MRSA §1610-D is enacted to read: |
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| | | §1610-D. Additional securities |
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| | | Notwithstanding any limitation on the amount of securities | | that may be issued pursuant to section 1606, subsection 2, the | | authority may issue additional securities in an amount not to | | exceed $9,000,000 outstanding at any one time for preliminary | | planning costs and capital repairs and improvements at various | | state facilities. |
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| | | Sec. F-2. Maine Governmental Facilities Authority; issuance of securities. Pursuant | | to the Maine Revised Statutes, Title 4, section 1606, subsection | | 2 and section 1610-D, and notwithstanding the limitation | | contained in Title 4, section 1606, subsection 2 regarding the | | amount of securities that may be issued, the Maine Governmental | | Facilities Authority is authorized to issue securities in its own | | name in an amount up to $9,000,000 for the purpose of paying the | | cost, including preliminary planning costs, including but not | | limited to needs assessments and space planning, master planning, | | capital asset assessments, concept design, design development and | | final design including construction drawings, associated with | | capital repairs and improvements to state-owned facilities | | throughout the State as designated by the Commissioner of | | Administrative and Financial Services. |
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| | | Sec. F-3. Proceeds. The proceeds from the sale of the securities | | issued by the Maine Governmental Facilities Authority pursuant to | | the Maine Revised Statutes, Title 4, section 1610-D must be | | expended for preliminary planning costs and capital repairs and | | improvements to state-owned facilities. |
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| | | Sec. F-4. Debt Service - Government Facilities Authority; balance carried forward. | | Notwithstanding any other provision of law, $1,436,982 of fiscal | | year 2004-05 savings resulting from the refunding and reissuance | | of certain lease revenue bonds in the Debt Service - Government | | Facilities Authority, General Fund |
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