An Act To Authorize a General Fund Bond Issue To Support Public Higher Educational Facilities
Maine Legislature, Session 126, LD 0636
Committee Amendment CA_A_S371 (Senate)

COMMITTEE AMENDMENT "A" to S.P. 226, L.D. 636, Bill, "An Act To 
Authorize a General Fund Bond Issue To Support Public Higher Educational Facilities" 
Amend the bill by striking out the title and substituting the following: 
'An Act To Authorize a General Fund Bond Issue To Invest in the Maine 
Community College System' 
Amend the bill by striking out everything after the enacting clause and before the 
summary and inserting the following: 
'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 $15,500,000 for the purposes described in section 5 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. 
Sec. 2. Records of bonds issued; Treasurer of State. The Treasurer of State 
shall ensure that an account of each bond is kept 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. 3. Sale; how negotiated; proceeds appropriated. The Treasurer of State 
may negotiate the sale of the bonds 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 Of1ice of the Treasurcr of State to be used for the retirement of 
general obligation 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. 
Page I - 126LR1290(02)-1 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT "A "to S.P. 226, L.D. 636 
Sec. 5. Disbursement of bond proceeds from General Fund bond issue. 
The proceeds of the sale of the bonds authorized under this Act must be expended as 
designated in the following schedule under the direction and supervision of the agencies 
and entities set forth in this section. 
MAINE COMMUNITY COLLEGE 
SYSTEM 
Provides funds to construct a building to house science laboratories, classrooms and 
associated offices for the purpose of expanding and adding associate degree programs 
at Central Maine Community College. 
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Total 
$2,350,000 
Provides funds to construct an addition to Maine Hall and to expand academic 
classroom and laboratory space including health sciences classrooms and laboratories 
and a criminal justice simulation laboratory at Eastern Maine Community College. 
Total 
$2,450,000 
Provides funds to renovate laboratory space allowing the expansion of the precision 
machining program; to provide classroom space and associated offices to expand the 
electrical Iineworker program; to renovate to accommodate the addition of a culinary 
arts program and the relocation of the early childhood program; to remove hazardous 
materials, restore entrances and exterior doors and improve environmental systems; 
and to purchase classroom equipment at Kennebec Valley Community College. 
Total 
$2,000,000 
Provides funds to renovate Aroostook Hall to expand allied health programs; to add 
classrooms, laboratories and associated offices; to construct a new maintenance 
facility; and to purchase classroom equipment at Northern Maine Community 
College. 
Total 
$900,000 
Provides funds to renovate and upgrade buildings to allow for relocation and 
expansion of programs and to purchase classroom equipment to increase the 
enrollment capacity of the integrated manufacturing program on the Brunswick 
campus of Southern Maine Community College. 
Total 
$3,400,000 
COMMITTEE AMENDMENT 
COMMITIEE AMENDMENT "A. .. to S.P. 226, L.D. 636 
Provides funds to renovate and increase the energy efficiency of the Harold Howland 
Building; to upgrade and improve existing systems and equipment and convert space 
for use by heavy equipment programs; and to purchase classroom equipment at 
Washington County Community College. 
Total 
$1,000,000 
Provides funds to construct a building to include classrooms, computer laboratories 
and associated offices and to purchase classroom equipment for the newly 
implemented precision machining program at York County Community College. 
Total 
$3,400,000 
Sec. 6. Contingent upon ratification of bond issue. Sections I to 5 do not 
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become effective unless the people of the State ratify the issuance of the bonds as set 
forth in this Act. 
Sec. 7. Appropriation balances at year-end. At the end of each fiscal year, all 
unencumbered appropriation balances representing state money carry forward. Bond 
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proceeds that have not been expended within 10 years after the date of the sale of the 
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bonds lapse to the Office of the Treasurer of State to be used for the retirement of general 
obligation bonds. 
Sec. 8. Bonds authorized but not issued. Any bonds authorized but not issued 
within 5 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 for an additional amount of time not 
to exceed 5 years. 
Sec. 9. 
Referendum for ratification; submission at election; form of 
question; effective date. This Act must be submitted to the legal voters of the State at 
a statewide election held 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 statewide election, 
to vote on the acceptance or rejection of this Act by voting on the following question: 
"Do you favor a $15,500,000 bond issue to upgrade buildings, 
classrooms and laboratories on the 7 campuses of the Maine Community 
College System in order to increase capacity to serve more students 
through expanded programs in health care, precision machining, 
information technology, criminal justice and other key programs?" 
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 
COMMITTEE AMENDMENT 
COMMl1TEE AMENDMENT "1\ .. to S.P. 226, L.D. 636 
review the returns. 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 
This amendment strikes the bill and instead provides for a bond issue in the amount 
of $15,500,000 to be used for the construction, renovation and upgrade of buildings that 
house laboratories, classrooms and related offices on the 7 campuses of the Maine 
Community College System. 
FISCAL 7'OTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
• 
Approved: 08123/13 ;lvae 
LD636 
LR 1290(02) 
An Act To Authorize a General Fund Bond Issue To Invest in the Maine Community College System 
Fiscal Note for Bill as Amended by Committee Amendment '~' l s· 31 \) 
Committee: Appropriations and Financial Affairs 
Bond Issues 
General Fund - Non-Taxable 
General Fund - Non-Taxable 
Fiscal Note Required: Yes 
Fiscal Note 
Current biennium cost increase - General Fund 
Term (years) 
Principal 
$9,300,000 
$6,200,000 
Rate (0/0) 
3.5% 
4.0% 
Interest 
$1,790,250 
$1,364,000 
Referendum Costs 
MonthlYear 
Election Type 
Question 
Length 
Nov-13 
General 
Bond Issue 
Standard 
Total Cost 
$1 1,090,250 
$7,564,000 
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general 
election in November. If the number or size of the referendum questions requires production and delivery ofa second 
ballot, an additional appropriation of$107,250 may be required. 
LR1290(02) - Fiscal Note - Page 1 of 1