How $6.5 million in conservation bonds lapsed: A timeline
Troy R. Bennett | BDN
An initiative to preserve a 215-acre parcel around Knight's Pond in Cumberland is among conservation projects across the state that are in limbo as Gov. Paul LePage refuses to issue $11.5 million in conservation bonds. Some $6.5 million of that bonding authority has effectively expired.
The window of opportunity has closed on $6.5 million in voter-authorized conservation bonds. While the bonds, a key funding source for the state’s Land for Maine’s Future program, have been the subject of intense debate in recent months, the saga of the expired bonds stretches back more than five years.
Here are some highlights in the bonds’ road to expiration starting in 2010.