Maine Fish Hatcheries Water, Dams and Transportation Improvements, Question 1 (June 2008)

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The Maine Fish Hatcheries Water, Dams and Transportation Improvements Bond Issue, also known as Question 1, was on the June 10, 2008 ballot in Maine as a legislatively-referred bond question, where it was approved. The measure issued $29,725,000 in bonds for fish hatcheries to meet water quality requirements, to rehabilitate dams and make transportation improvements.[1][2]

Election results

Maine Question 1 (June 2008)
ResultVotesPercentage
Approveda Yes 101,171 58.48%
No71,82241.52%

Election results via: Maine Secretary of State, Elections Division, Referendum Election Tabulations, June 10, 2008

Text of measure

The language appeared on the ballot as:[1]

ME2008June Question 1 SB.PNG

[3]

Summary

The following description of the intent and content of this ballot measure was provided in the Maine Citizen's Guide to the Referendum Election:

This Act would authorize the State to issue bonds in an amount not to exceed $29,725,000 to raise funds for a variety of projects, as described below. The bonds would run for a period not longer than 10 years from the date of issue and would be backed by the full faith and credit of the State.

The Department of Inland Fisheries and Wildlife would expend $2,000,000 of the proceeds of the sale of bonds to upgrade fish hatcheries to meet water quality requirements, and $300,000 for major rehabilitation work at existing dams owned by the state.

The Department of Environmental Protection would expend $4,400,000 of the bond proceeds as follows:

  • $2,000,000 would be allocated to support the investigation and clean-up of uncontrolled hazardous substance sites where contamination by hazardous substances poses a threat to public health and water quality;
  • $1,000,000 would go into the Small Community Grant Program to provide grants to towns in rural areas to help replace malfunctioning septic systems that are polluting a water body or causing a public nuisance;
  • $800,000 would provide funds, in accordance with an existing statutory mandate, to reimburse eligible municipalities for up to 90% of planning and implementation costs to remediate pollution problems at closed municipal landfills, such as by extending waterlines and installing landfill gas collection systems to protect nearby residential property;
  • $300,000 would provide funds to address pollution problems at industrial landfills abandoned by corporations that have gone bankrupt; and
  • $300,000 would be used to replace aging or obsolete equipment that is used to monitor air quality at sites located around the state.

The Department of Transportation would expend $23,025,000 of the bond proceeds for the following categories of projects:

$10,000,000 for highway and bridge improvement projects;
$9,675,000 for passenger and freight rail improvements;
$1,000,000 on transit and bus facilities;
$950,000 to support bicycle and pedestrian trails;
$700,000 for reconstruction of a bulkhead and wharf at the former United States Coast Guard facility in Portland;
$500,000 for ferry and port facility improvements; and
$200,000 for airports.

If approved, the bond authorization would take effect 30 days after the Governor's proclamation of the vote.

A statement of the Treasurer describing the financial considerations of this bond issue is published together with this statement.

A “YES” vote approves authorization of a $29,725,000 bond issue to finance all of the above activities.

A “NO” vote disapproves the bond issue in its entirety. [3]

Office of the Attorney General, [1]

Fiscal note

The following description of the debt service of this ballot measure was provided in the Maine Citizen's Guide to the Referendum Election:

Total estimated life time cost is $38,308,094 representing $29,725,000 in principal and $8,583,094 in interest (assuming interest at 5.25% over 10 years). [3]

Office of the Treasurer, [1]

The following fiscal impact statement was provided in the Maine Citizen's Guide to the Referendum Election:

This bond issue has no significant fiscal impact other than the debt service costs identified above. [3]

—Office of Fiscal and Program Review, [1]

Path to the ballot

Question 1 originated in Part G of Chapter 39 of the Public Laws of 2007, which was approved on April 10, 2007.[1]

See also

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