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Maine Water Pollution Bonds, Question 2 Primary ( June 1998)

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Maine Question 2 (Primary) was on the June 9, 1998 primary election ballot in Maine as a legislatively-referred state statute, where it was approved with 66.7% of voters in favor.Approveda

Election results

Question 2
ResultVotesPercentage
Approveda Yes 91,816 66.73%
No45,78133.27%

Text of measure

The language that appeared on the ballot:

The Maine legislature referred a water pollution bonds ballot measure to voters in 1998. The question was approved with 66.7% of the vote. The measure allowed water pollution control facilities, like the one above, to be built using a $6 million bond.

Do you favor a $6 million bond issue to construct water pollution control facilities, to close and clean up municipal solid waste landfills, and to mitigate storm water pollution through a comprehensive watershed protection program?

P.L. 1997, chapter 561 authorized the State, contingent upon voter approval, to make two issues of bonds in a total amount not to exceed $13 million to raise funds to construct water pollution control facilities, to close and clean up municipal solid waste landfills, to clean up tire stockpiles, to mitigate storm water pollution through a comprehensive watershed protection program, and to make drinking water improvements. The bonds would run for a period of not longer than 5 years and would be backed by the full faith and credit of the state.

The first bond issue, in an amount not to exceed $7 million, was voted on at the November 4, 1997 election, and approved by the people of the State. Proceeds of the sale of the first bond issue are to be expended for the construction of water pollution control facilities; to clean up tire stockpiles; and to address environmental health deficiencies in drinking water supplies.

The second bond issue, in an amount not to exceed $6 million, will be voted on at the June 9, 1998 Primary Election. Proceeds of the sale of the second bond issue would be expended under the direction of the Department of Environmental Protection as follows: $1 million for the construction of water pollution control facilities; $4.5 million to provide grants to municipalities to close and clean up solid waste landfills; and $500,000 for the mitigation of storm water pollution through the establishment of a comprehensive watershed protection program.

Total estimated lifetime cost is $6,810,000 representing $6 million in principal and $810,000 in interest (assuming interest at 4.5% over 5 years).

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