2010 Bond & the University of Maine System
Energy Independence, Efficiency, and
Green Jobs for Maine
On June 8, Maine voters will be asked to vote on several items on the statewide ballot. One item is directly relevant to Maine's public universities - Ballot Question 2.
Passage of this $26,500,000 bond will support efforts to develop new offshore wind technology under way right now at UMaine. The bond will generate economic activity; make more cost effective and energy efficient use of Maine's public higher education infrastructure; and make an investment in the further development of a renewable and alternative source of energy. This bond will leverage $24,500,000 in federal and other funds.
The $26,500,000 Bond Provides:
$11,000,000 for the UMaine Wind Energy Demonstration Site
The bond provides funds for research, development and product innovation associated with developing an offshore, deepwater wind energy demonstration site. This effort is spearheaded by UMaine in conjunction with dozens of business partners. The bond includes funding for robotics equipment to accelerate wind components manufacturing. It will generate federal matching funds of $24.5 million.
$15,500,000 in Energy Efficiency Improvements for Maine’s
Public Colleges & Universities
The bond amounts for energy upgrades are as follows: University of Maine System $9,500,000; Maine Community College System $5,000,000; Maine Maritime Academy $1,000,000. Improvements include the following:
Extensive upgrades and repairs at Maine's public colleges and universities. (For a list of UMS projects click here.)
Address pressing needs related to energy efficiencies and health/safety concerns.
Energy efficiency will make these facilities less costly to operate, saving money for Maine taxpayers by keeping overall costs and tuition affordable.