Maine Job Growth Bond (2002)
From Ballotpedia
Maine Question 2 (Primary), also known as Bonds to stimulate job growth, renovate buildings, defend against terrorism and promote tourism, was on the 2002 primary election ballot in Maine. It passed, with 51.4% of voters in favor.
Text of the proposal
The language that appeared on the ballot:
The bonds would be used for the following purposes: 1) $4 million for the Municipal Investment Trust Fund to provide loans and grants to municipalities for public infrastructure to support economic development and other purposes of the fund; 2) $8 million to the Finance Authority of Maine to create and retain Maine jobs through the funding of community, regional and state business financing programs; 3) $540,000 for the protection of the lives and property of Maine citizens; 4) $6 million to capitalize the Maine Rural Development Authority to facilitate job creation through the development and redevelopment of commercial and industrial buildings in Maine; 5) $400,000 for renovation of buildings and associated infrastructure at the Schoodic Education and Research Center. State bond funds will match $4 million in federal funds; 6) $5 million for the construction of a facility for product development and support that will provide the University of Maine with the resources needed to help solve daily manufacturing and engineering problems; 7) $4 million for the construction of a facility for product development and support that will provide the University of Southern Maine with the resources needed to help solve daily manufacturing and engineering problems; 8) $5.5 million for medical research and development by Maine-based biomedical research institutions in order to obtain matching federal funds for health research to cure disease and to retain Maine graduates by providing quality Maine jobs; 9) $1 million for the planning and construction of the Franco-American Heritage Center at St. Mary's in Lewiston; 10) $30,000 to assist the Moosehead Marine Museum in the renovation of its flagship, the Katahdin; and 11) $500,000 for the renovation of the Center Theater in downtown Dover-Foxcroft.
