LD 1566
pg. 2
Page 1 of 6 An Act To Authorize a General Fund Bond Issue in the Amount of $70,000,000 for ... Page 3 of 6
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LR 2044
Item 1

 
Development, the University of Maine System, the Department of
Agriculture, Food and Rural Resources and the Maine State Housing
Authority.

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

 
Economic and Community Development, Department of

 
Recapitalize the Municipal Investment Trust$6,000,000

 
Fund to provide grants and loans to

 
municipalities for public facilities

 
and infrastructure.

 
University of Maine System - University of Maine

 
Provide funds for the Technology Innovation$7,500,000

 
Center and Advanced Engineered Wood

 
Composites Center to expand research

 
facilities for engineered wood composite

 
structures, including an innovation center

 
and business incubation space.

 
University of Maine System

 
Provide funds for educational technology$3,000,000

 
improvements.

 
University of Maine System

 
$3,600,000

 
Fund, in anticipation of $12,000,000 in federal

 
and other funding, for research and development

 
activities.

 
University of Maine System - University of

 
Southern Maine

 
Provide funds to complete, expand and equip 2$4,900,000

 
floors of the research wing of the science

 
building on the Portland campus.

 
Economic and Community Development, Department of

 
$4,000,000

 
Technology Fund, in anticipation of $4,000,000

 
in federal and private funding. Eligible

 
institutions include Maine's private nonprofit

 
institutions and state governmental and


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