Maine Legislature Approves $150 Million in Bonds

The Maine Senate and House of Representatives approved $149.5 million in bonds, setting the stage for a November vote on the financing.

Gov. Paul LePage issued a statement Aug. 29 that he will approve the general obligation bonds. "Infrastructure projects create good-paying jobs in the construction industry, and our roads, bridges and ports are important economic drivers that help attract and retain jobs," LePage said.

The bond package includes a $100 million bond for investments in roads, bridges, ports and waterfront improvements; $35.5 million for upgrades to higher education facilities; and $14 million for National Guard armory maintenance and renovations.

"With these investments, Maine's universities and colleges will strengthen and expand opportunities for thousands of Maine students," said Senator Emily Crain of Orono. "Upgrading and renovating science labs; science, technology, engineering, and math classrooms; and nursing facilities will ensure graduates have the skills and training they need to qualify for the jobs of the future."

Four of the five bonds were passed unanimously in the Senate. One senator voted against a University of Maine bond.

All five bonds were passed with at least the necessary two thirds vote in the House.

Maine voters will vote on each of the bonds in November. Votes by a majority of voters in favor would lead to adoption.

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