‘An Act To Authorize a General Fund Bond Issue To Improve Multimodal Facilities, Highways and Bridges and Municipal Culverts’
SP0682 LD 1815 |
Session - 128th Maine Legislature C "A", Filing Number S-531, Sponsored by
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LR 2881 Item 2 |
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Bill Tracking, Additional Documents | Chamber Status |
Amend the bill by striking out the title and substituting the following:
‘An Act To Authorize a General Fund Bond Issue To Improve Multimodal Facilities, Highways and Bridges and Municipal Culverts’
Amend the bill in section 1 in the 3rd line (page 1, line 8 in L.D.) by striking out the following: "$100,000,000" and inserting the following: '$106,000,000'
Amend the bill by striking out all of section 5 and inserting the following:
‘Sec. 5. Disbursement of bond proceeds 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 under the direction and supervision of the agencies and entities set forth in this section.
TRANSPORTATION, DEPARTMENT OF |
Total | $80,000,000 |
Total | $20,000,000 |
MAINE MARITIME ACADEMY |
Total | $1,000,000 |
ENVIRONMENTAL PROTECTION, DEPARTMENT OF |
1. Contribution to competitive grant program goals. The extent to which the proposed project allows communities to more effectively prepare for storm and flood events and advances the goals of restoring habitat for fish, including sea-run fish and native brook trout, and wildlife, including:
2. Cost-effectiveness. The extent to which the proposed project represents an efficient and cost-effective investment, including the proportion of total project funding that will be provided from other sources and the potential avoided costs associated with the proposed project. Funds may not be used to cover all of the costs associated with a proposed project.
Total | $5,000,000 |
Amend the bill in section 9 by striking out all of the question and inserting the following:
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"Do you favor a $106,000,000 bond issue, including $101,000,000 for construction, reconstruction and rehabilitation of highways and bridges and for facilities and equipment related to ports, piers, harbors, marine transportation, freight and passenger railroads, aviation, transit and bicycle and pedestrian trails, to be used to match an estimated $137,000,000 in federal and other funds, and $5,000,000 for the upgrade of municipal culverts at stream crossings?"
’SUMMARY
This amendment authorizes the issuance of $1,000,000 in General Fund bonds for improvements to, and remediation of, the Maine Maritime Academy's waterfront pier in Castine and $5,000,000 in General Fund bonds for a competitive grant program that matches local funding for the upgrade of municipal culverts at stream crossings.