Maine bond initiative would use borrowed $20M for job creation, stability

"Maine cannot afford another year without a bond package and, through compromise, the governor and Legislature put forward this modest bond package," he said. "For Maine to remain competitive, we need to make the right investments, right now."

Edward Legg of the University of New England believes Question 4 will create jobs, help keep young people in the state and bring stability to traditional industries in Maine.

"These are jobs that are going to stay here in Maine," said Legg, vice president for university relations. "We’re not going anywhere."

Question 4 on the Nov. 8 ballot asks voters to give the state permission to borrow $20 million so it can attract $44 million in federal and private funds. That money would go to medical research and development, marine research and development, small businesses, and a host of other economic development needs.

By SUSAN M. COVER
Staff Writer

Copyright © 2005 Blethen Maine Newspapers Inc.

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