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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. |
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| | | 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 purpose of this referendum. |
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| | | Sec. B-1. Appropriation. The following funds are appropriated from | | the General Fund to carry out the purposes of this Part. |
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| | | Provides funds for school renovations and | | repairs by increasing the capitalization of | | the School Revolving Renovation Fund | | established in the Maine Revised Statutes, | | Title 30-A, section 6006-F. |
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| | | Sec. B-2. Effective date. This Part takes effect October 1, 1999. |
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| | | The Governor's Commission on School Facilities presented a | | plan to the Governor and the Legislature designed to address | | Maine's public school construction, renovation and repair needs. | | One recommendation was that the State issue $35,000,000 in | | general obligation bonds in each fiscal year 1998-99 and 1999-00. | | Part A of this bill proposes a $35,000,000 bond to be presented | | to the voters in November 1999. |
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| | | The commission also recommended an immediate General Fund | | appropriation of $30,000,000. Public Law 1997, chapter 787 | | included a General Fund appropriation of $20,000,000 to the | | School Revolving Renovation Fund. |
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| | | Part B of this bill appropriates $10,000,000 to the program to | | bring the total appropriation level to $30,000,000. |
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