Authorizes a $10,000,000 bond issue for a temperature-controlled international warehouse at Bangor International Airport.
This bill authorizes a $10,000,000 bond issue to build a temperature-controlled international warehouse for goods and cargo at Bangor International Airport. The bond proceeds must be used solely for this purpose. The issuance of bonds is contingent upon ratification by a majority vote in a statewide election. The bonds are a pledge of the full faith and credit of the State and cannot run longer than 20 years from the date of original issue.
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- Core Provisions
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- Legal Framework
- Critical Issues
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