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| | | ADMINISTRATIVE AND FINANCIAL SERVICES, |
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| | | Provides funds to match fund-raising |
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| | | efforts to create the Challenger |
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| | | Learning Center of Maine on the |
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| | | University College of Bangor campus to |
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| | | increase students' abilities in math, |
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| | | science and high technology. |
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| | | Sec. 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 Act. |
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| | | Sec. 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. 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 Act, 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. 10. Referendum for ratification; submission at statewide election; form of question; | | effective date. This Act 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 Act. 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 Act by voting on the following question: |
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| | | "Do you favor a $500,000 bond issue to match fund-raising | | efforts to create the Challenger Learning Center of Maine | | on the University College of Bangor campus to increase | | students' abilities in math, science and high technology?" |
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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, |
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