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Land for Maine's Future Board |
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| | Provides for the use of bond proceeds to | | $75,000,000 |
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| | be used for the acquisition of land and |
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| | interest in land for public land and water |
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| | access, conservation, wildlife and fish |
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| | habitat, outdoor recreation including |
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| | hunting and fishing and farmland preservation |
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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; form of question; effective date. This Act | must be submitted to the legal voters of the State at a statewide | election 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 $75,000,000 bond issue to purchase land and | conservation easements statewide from willing sellers for | public land and water access, conservation, wildlife and | fish habitat, outdoor recreation including hunting and | fishing and farmland preservation, to be matched by at least | $37,500,000 in private and public contributions?" |
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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 |
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