|
legislation, to the Joint Standing Committee on Appropriations and | Financial Affairs during the Second Regular Session of the 122nd | Legislature no later than January 3, 2006. The commission is | authorized to introduce legislation related to its report to the | Second Regular Session of the 122nd Legislature at the time of | submission of its report. |
|
| | Sec. P-1. Department of Administrative and Financial Services; lease-purchase | authorization. Pursuant to the Maine Revised Statutes, Title 5, | section 1587, the Department of Administrative and Financial | Services, Office of Information Technology may enter into | financing arrangements on or after July 1, 2005 for the | acquisition of hardware, software and systems to support the | operations of the Statewide Radio and Network System Reserve | Fund, established in Title 5, section 1520. The financial | agreements may not exceed 7 years in duration and $10,000,000 in | principal costs. The interest rate may not exceed 6% and interest | costs may not exceed $2,500,000. |
|
| | The Department of Administrative and Financial Services, | Office of Information Technology may enter into financing | arrangements on or after July 1, 2006 for the acquisition of | hardware, software and systems to support the operations of the | Statewide Radio and Network System Reserve Fund, established in | Title 5, section 1520. The financial agreements may not exceed 7 | years in duration and $10,000,000 in principal costs. The | interest rate may not exceed 6% and interest costs may not exceed | $2,500,000. Annual principal and interest costs must be paid from | the appropriate line category allocations in the Office of | Information Technology, Statewide Radio and Network System | Reserve Fund. |
|
| | Sec. P-2. Appropriations and allocations. The following appropriations | and allocations are made. |
|
| ADMINISTRATIVE AND FINANCIAL SERVICES, |
|
| Statewide Radio Network System 0112 |
|
| Initiative: Allocates funds to cover the projected debt service | costs associated with the lease-purchase of a radio and network | system. |
|
| STATEWIDE RADIO AND NETWORK |
|
| SYSTEM RESERVE FUND | 2005-06 | 2006-07 |
|
|