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Maine State Park Improvements Bond Act, Question 4 (1996)

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Maine Question 4, also known as An Act to Authorize a General Fund Bond Issue in the Amount of $3 Million for Major Improvements at State Park and Historic Site Facilities, was on the November 5, 1996 election ballot in Maine. It passed, with 59.4% of voters in favor.

Election results

Question 4
Approveda Yes 267,721 77.85%

Text of measure

The language that appeared on the ballot:

This Act would authorize the State to issue bonds in an amount not to exceed $3,000,000 to raise funds for major improvements at state parks and historic facilities, specifically renovations needed to make state parks and historic sites accessible to people with disabilities according to standards set by state and federal law, completion of the roof and masonry restoration at Fort Knox State Historic Site, and the replacement of Churchill Dam in the Allagash Wilderness Waterway. The bonds would run for a period of not longer than 5 years from the date of issue and would be backed by the full faith and credit of the State.

The proceeds of the sale of the bonds would be expended by the Bureau of Public Lands of the Department of Conservation for major improvements at state parks and historic facilities.

If approved, the bond authorization would take effect 30 days after the Governors 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 the authorization of a $3,000,000 bond issue for major improvements at state parks and historic facilities.

A "NO" vote disapproves the bond issue.

Total Estimated Debt Service of $3,427,500, of which Principal is $3,000,000, Estimated Interest at 4.75% over 5 years is $427,500.

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