AUGUSTA — As voters cast their ballots for the November 2 elections, Mainers will decide on three statewide referendum questions, including one that will determine if a $100 million bond focusing on infrastructure is supported by Mainers.
Question 2 reads: Do you favor a $100,000,000 bond issue to build or improve roads, bridges, railroads, airports, transit facilities and ports and make other transportation investments, to be used to leverage an estimated $253,000,000 in federal and other funds?
If the bond measure is passed, $85 million would go to the Maine Department of Transportation to provide funds to construct, reconstruct, rehabilitate and preserve state corridor highways statewide, to replace and rehabilitate bridges statewide and to fund the municipal partnership initiative and for associated activities.
The remaining $15 million would go to MDOT to provide funds for multimodal facilities or equipment related to transit, freight and passenger railroads, aviation, ports, harbors, marine transportation and active transportation projects and associated activities.
Should the referendum question be passed, the Treasurer of State is authorized, under the direction of the Governor, to issue bonds in the name and on behalf of the State in an amount not exceeding $100,000,000 for the purposes described.
The bonds are a pledge of the full faith and credit of the State. The bonds may not run for a period longer than 10 years from the date of the original issue of the bonds.
Voting YES on this question means you support the $100 million bond.
Voting NO on this question means you do not support the $100 million bond.
If a majority of the legal votes are cast in favor of this Act, the Governor shall proclaim the result without delay and this Act becomes effective 30 days after the date of the proclamation.