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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 $17,500,000 bond issue for the following | purposes: |
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| (1) The sum of $6,600,000 to construct and upgrade water | pollution control facilities, providing the state match for | $13,000,000 in federal funds; |
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| (2) The sum of $2,950,000 to clean up uncontrolled | hazardous substance sites and landfills, providing the state | match for $2,000,000 in federal funds; |
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| (3) The sum of $1,000,000 to remove hazardous materials | from schools; |
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| (4) The sum of $300,000 to match local money and assist | municipalities in complying with new federal storm water | regulations; |
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