How do this years bond proposals pertain to the University of Maine System?
There are two proposals on the November 6, 2007 Statewide ballot involving Maine’s public universities. Ballot Question 2 would, if passed, indirectly support the work of university faculty, staff, and students. Ballot Question 3 would provide direct benefits to the University of Maine System and other public higher education providers. Ballot Question 2 is a bond issue that would provide $55 million (through State borrowing) to stimulate Maine’s economy. The major part of the funds, $50 million, would be available to a State-affiliated agency called the Maine Technology Institute (MTI). If the bond passes, MTI would award, on a competitive basis, research grants for projects related to advancing specific aspects of Maine’s economy. Faculty, staff, and students at all of Maine’s public universities would be eligible to receive these grants, as would other Maine-based researchers. In most instances, the grants would also be based on their ability to attract federal and private-sector in
