| | | Sec. A-6. Allocations from General Fund bond issue; to repair and renovate Maine public | | schools. The proceeds of the sale of bonds must be expended as | | designated in the following schedule. |
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| | | For renovation and repair of Maine | | $35,000,000 |
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| | | Sec. A-7. Contingent upon ratification of bond issue. Sections 1 to 6 of this | | Part do not become effective unless the people of the State have | | ratified the issuance of 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; submission at statewide election; form of | | question; effective date. This Part must be submitted to the legal | | voters of the State of Maine at a statewide election held on the | | Tuesday following the first Monday of November following passage | | of this Part. 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 $35,000,000 bond issue to renovate and | | repair Maine's public schools?" |
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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 and returns | | made to the Secretary of State in the same manner as votes for | | members of the Legislature. The Governor shall review |
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