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in accordance with the provisions for such acquisitions under the | | Maine Revised Statutes, Title 5, chapter 353, including all costs | | associated with such acquisitions, except that use of the proceeds | | of these bonds is subject to the following conditions and | | requirements. |
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| | | 1. Hunting, fishing, trapping and public access may not be | | prohibited on land acquired with bond proceeds, except to the | | extent of applicable state, local or federal laws and | | regulations. |
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| | | 2. Payment from bond proceeds for acquisitions of local or | | regional significance, as determined by the Land for Maine's | | Future Board, may be made directly to cooperating entities as | | defined in Title 5, section 6201, subsection 2 for acquisition of | | land and interest in land by cooperating entities, subject to | | terms and conditions enforceable by the State to ensure their use | | for the purposes of this Act. |
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| | | 3. The bond funds must be matched with at least $37,500,000 | | in public and private contributions. Seventy percent of that | | amount must be in the form of cash or other tangible assets, | | including the value of land and real property interest acquired | | by or contributed to cooperating entities when property interests | | have a direct relationship to the property proposed for | | protection, as determined by the Land for Maine's Future Board. | | The remaining 30% may be matching contributions and may include | | the value of project-related, in-kind contributions of goods and | | services to and by cooperating entities. |
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| | | 4. Ten percent of the bond proceeds allocated to the Land for | | Maine's Future Board must be made available to acquire public | | access to water in accordance with the provisions of Title 5, | | section 6203-A. |
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| | | 5. Ten percent of the bond proceeds allocated to the Land for | | Maine's Future Board must be made available to protect farmland | | in accordance with Title 5, section 6207. |
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| | | 6. To the extent the purposes are consistent with the | | disbursement provisions in this Act, 100% of the bond proceeds | | may be considered as state match for any federal funding to be | | made available to the State. |
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| | | Sec. 6. Allocations from General Fund bond issue. The proceeds of the sale | | of the bonds authorized under this Act must be expended as | | designated in the following schedule. |
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