Authorizes a $100,000,000 bond issue to improve infrastructure at University of Maine System campuses.
This bill authorizes the issuance of $100,000,000 in bonds to improve infrastructure at all University of Maine System campuses. The bond proceeds, matched by private and other funds, will be used to enhance education, research, and economic development activities. Projects must align with the universities' capital plans and the state's strategic plans. The bonds require voter approval and will be retired through the proceeds of the bond sale. The bond issuance is contingent upon ratification by the people of Maine.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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