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This bill
authorizes the Maine Governmental Facilities Authority to issue additional
securities for court facilities projects in an aggregate amount not to exceed
$205,000,000 outstanding at any one time. The expectation is that $55 million
will be issued on 6/5/25, $45 million on 6/3/26 and $105 million on 6/02/27.
The first debt service payment by the Judicial Department is estimated to
begin in fiscal year 2025-26. |