|
election, to vote on the acceptance or rejection of this Part by | voting on the following question: |
|
| "Do you favor a $20,000,000 bond issue to stimulate economic | growth and job creation through investments in the Maine | economy in anticipation of approximately $44,000,000 in | federal and private funds for medical research and | development; marine research and development; equity | investments in small Maine companies with potential for high | growth; the New Century Community Program for capital | improvements to cultural resources; the renovation of Camden | Hall on the University of Maine Bangor campus for a graduate | school for biomedical science; the development of the | Laboratory for Surface Science Technology; capital costs and | equipment for the career center facility at the University | of Southern Maine's Lewiston-Auburn College; and the | development of the Sunrise Business and Career Center in the | Town of Jonesboro?" |
|
| | 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 and returns | made to the Secretary of State in the same manner as votes for | members of the Legislature. The Governor shall review the | returns and, if a majority of the legal votes are cast in favor | of this Part, the Governor shall proclaim the result without | delay, and this Part becomes effective 30 days after the date of | the proclamation. |
|
| | The Secretary of State shall prepare and furnish to each city, | town and plantation all ballots, returns and copies of this Part | necessary to carry out the purposes of this referendum. |
|
| | Sec. E-1. Authorization of bonds. The Treasurer of State is | authorized, under the direction of the Governor, to issue bonds | in the name and on behalf of the State in an amount not exceeding | $9,000,000 for the purposes described in section 6 of this Part. | The bonds are a pledge of the full faith and credit of the State. | The bonds may not run for a period longer than 10 years from the | date of the original issue of the bonds. At the discretion of | the Treasurer of State, with the approval of the Governor, any | issuance of bonds may contain a call feature. |
|
| | Sec. E-2. Records of bonds issued kept by Treasurer of State. The Treasurer of | State shall keep an account of each bond showing the number of | the bond, the name of the successful bidder |
|
|