LD 1089
pg. 2
Page 1 of 3 An Act To Authorize a General Fund Bond Issue in the Amount of $15,000,000 for ... Page 3 of 3
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LR 1685
Item 1

 
Sec. A-6. Allocations from General Fund bond issue. The proceeds of the
sale of the bonds must be expended as designated in the
following schedule.

 
ADMINISTRATIVE AND FINANCIAL SERVICES,

 
DEPARTMENT OF

 
Provides funds for energy efficiency$15,000,000

 
improvements at state buildings and

 
facilities as identified by the

 
Department of Administrative and

 
Financial Services.

 
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.

 
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.

 
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.

 
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 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:

 
"Do you favor a $15,000,000 bond issue for energy
conservation at state buildings and facilities?"

 
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,


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