An Act To Authorize a General Fund Bond Issue in the Amount of $1,000,000 for the Renovation of Millinocket Municipal Airport
Maine Legislature, Session 121, LD 1812
Committee: Appropriations and Financial Affairs
Sponsors: DUPREY, STANLEY, CLARK, DUPLESSIE, FISCHER, RICHARDSON, SMITH, USHER

Legislative Document 
No. 1812 
H.P.1334 
House of Representatives, December 22,2003 
An Act To Authorize a General Fund Bond Issue in the Amount of 
$1,000,000 for the Renovation of Millinocket Municipal Airport 
Approved for introduction by a majority of the Legislative Council pursuant to Joint Rule 
203. 
Recei ved by the Clerk of the House on December 17, 2003. Referred to the Committee on 
Appropriations and Financial Affairs pursuant to Joint Rule 308.2 and ordered printed pursuant 
to Joint Rule 401. 
Presented by Representative DUPREY of Medway. 
Cosponsored by Senator STANLEY of Penobscot and 
'/rj~ /J7.11ld£~ 
Mll.LICENT M. MacFARLAND 
Clerk 
Representatives: CLARK of Millinocket, DUPLESSIE of Westbrook, FISCHER of Presque 
Isle, RICHARDSON of Brunswick, SMITH of Monmouth, USHER of Westbrook. 
Printed on recycled paper 
Preamble. 
Two 
thirds of both Houses of the Legislature 
deeming it necessary in accordance with the Constitution of 
Maine, Article IX, Section 14 to authorize the issuance of bonds 
on behalf of the State of Maine to provide funds as described in 
this Act, 
Be it enacted by the People of the State of Maine as follows: 
Sec. 1. Authorization of bonds. 
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 
$1,000,000 to raise funds for the purposes described in section 6 
of this Act. 
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. 
At the 
discretion of the Treasurer of State, with the approval of the 
Governor, any issuance of bonds may contain a call feature. 
Sec. 2. Records of bonds issued kept by Treasurer of State. 
The 
Treasurer of State shall keep an account of each bond showing the 
number of the bond, the name of the successful bidder to whom 
sold, the amount received for the bond, the date of sale and the 
date when payable. 
Sec. 
Treasurer 
3. 
of 
Sale: 
how 
State may 
negotiated: 
negotiate 
proceeds 
the 
sale 
appropriated. 
of 
the 
bonds 
The 
by 
direction of the Governor, but no bond may be loaned, pledged or 
hypothecated on behalf of the State. 
The proceeds of the sale of 
the bonds, which must be held by the Treasurer of State and paid 
by the Treasurer of State upon warrants 
drawn by the State 
Controller, are appropriated solely for the purposes set forth in 
this Act. 
Any unencumbered balances remaining at the completion 
of the project in this Act lapse to the debt service account 
established for the retirement of these bonds. 
Sec. 4. Interest and debt retirement. 
The Treasurer of State 
shall pay interest due or accruing on any bonds issued under this 
Act and all sums coming due for payment of bonds at maturity. 
Sec. 5. Disbursement of bond proceeds. 
The proceeds of the 
bonds must be expended as set out in this Act under the direction 
and supervision of the Department of Transportation. 
Sec. 6. Allocations from General Fund bond issue. 
of the sale of the bonds authorized under this 
expended as designated in the following schedule. 
TRANSPORTATION, 
DEPARTMENT OF 
Page l-LR2552(1) 
The proceeds 
Act must be 
$1,000,000 
Renovate the Millinocket Municipal Airport 
in order 
to bring the 
airport into 
compliance 
with 
Federal 
Aviation 
Administration 
requirements; 
study 
the 
potential 
advantages 
of 
expanding 
the 
service 
area 
of 
the 
airport 
through 
regionalization; conduct a feasibility study 
on improving access to the airport: and 
study 
any 
infrastructure 
improvements 
necessary to accommodate the construction of 
an airport industrial park. 
Sec. 7. Contingent upon ratification of bond issue. 
Sections 1 to 
do not become effective unless the people of the State ratify 
the issuance of the bonds as set forth in this Act. 
Sec. 8. Appropriation balances at year-end. 
At the end of each 
fiscal year, all unencumbered appropriation balances representing 
state money carry forward. 
Bond proceeds that have not been 
expended within 10 years after the date of the sale of the bonds 
lapse to General Fund debt service. 
Sec. 9. Bonds authorized but not issued. 
Any bonds authorized 
but not issued, or for which bond anticipation notes are not 
issued 
within 
years 
of 
ratification 
of 
this 
Act, 
are 
deauthorized and may not be issued, except that the Legislature 
may, within 2 years after the expiration of that 5-year period, 
extend the period for issuing any remaining unissued bonds or 
bond anticipation notes for an additional amount of time not to 
exceed 5 years. 
Sec. 10. Referendum for ratification: submission at general election: 
form of question; effective date. 
This Act must be submitted to the 
legal voters of the State at the next general election in the 
month of November following passage of this Act. 
The municipal 
officers of this State shall notify the inhabitants of their 
respective cities, towns and plantations to meet, in the manner 
prescribed by law for holding a general election, to vote on the 
acceptance or rejection of this Act by voting on the following 
question: 
"Do 
you 
favor 
a 
$1,000,000 
bond 
issue 
to 
renovate 
the 
Millinocket Municipal Airport in order to bring the airport 
into 
compliance 
with 
Federal 
Aviation 
Administration 
requirements, to study the potential advantages of expanding 
the service area of the airport through regionalization, to 
conduct a study on improving access to the airport and to 
study 
any 
infrastructure 
ilTlprovements 
Y,ecessary 
to 
accommodate the construction of an airport indusLc ial p.3r k?" 
The legal voters of each city, town and plantation shall 
vote by ballot on this question and designate their choice by a 
cross or check mark placed within a corresponding square below 
the word "Yes" or "No." 
The ballots must be received, sorted, 
counted and declared in open ward, town and plantation meetings 
and returns made to the Secretary of State in the same manner as 
votes for members of the Legislature. 
The Governor shall review 
the returns and, 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. 
The Secretary of State shall prepare and furnish to each 
city, town and plantation all ballots, returns and copies of this 
Act necessary to carry out the purposes of this referendum. 
SUMMARY 
The funds provided by this bond issue, in the amount of 
$1, 000, 000, will be used to renovate the Millinocket Municipal 
Airport in order 
to bring the 
airport into 
compliance 
with 
Federal 
Aviation 
Administration 
requirements, 
to 
study 
the 
potential advantages of expanding the service area of the airport 
through regionalization, to conduct a study on improving access 
to 
the airport 
and 
to 
study 
any 
infrastructure 
improvements 
necessary 
to 
accommodate 
the 
construction 
of 
an 
airport 
industrial park.