LD 1566
pg. 6
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LR 2044
Item 1

 
statewide election on the Tuesday following the 2nd Monday of
June 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 $60,000,000 bond issue to stimulate economic
growth and job creation through investments in research and
development, municipal infrastructure and facilities, the
Maine Farms for the Future Program and affordable housing,
in anticipation of approximately $134,150,000 in federal and
private funds? The bonds would be used for the following
purposes:

 
1. The sum of $6,000,000 to create jobs and reduce property
tax burdens by providing grants and loans to municipalities
for public facilities and infrastructure;

 
2. The sum of $6,000,000 to create jobs and stimulate
economic growth through expanded research, development,
technology commercialization and business incubation
facilities at the Advanced Engineered Wood Composites Center
at the University of Maine;

 
3. The sum of $3,000,000 to support educational technology
improvements at the University of Maine System;

 
4. The sum of $3,600,000 in anticipation of $12,000,000 in
federal and private funding for University of Maine System
research and development activities;

 
5. The sum of $4,400,000 to expand and equip research and
development facilities at the Portland campus of the
University of Southern Maine;

 
6. The sum of $1,000,000 in anticipation of $1,000,000 in
federal and private funding for grants to nonprofit marine
institutions for research and development;

 
7. The sum of $20,000,000 for medical research and
development by Maine-based biomedical research institutions
in anticipation of approximately $100,000,000 in federal and
private funds for health research to cure disease and to
retain Maine graduates by providing quality Maine jobs;

 
8. The sum of $2,000,000 to support the State's applied
technology development centers;


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