Crown Politics

LePage relents on sale of $115 million in voter-approved bonds

Gov. Paul LePage has signed off on the sale of about $115 million in voter-approved bonds after blocking the sale last month.

In June, LePage refused to sign the documents allowing the bond sale to go through, saying he was worried about how much the Legislature was spending. State Treasurer Terry Hayes said she should be able to complete the sale before projects underway run out of money.

“It should, if we can get the cash in the door before that funding stream, that current funding stream runs out but I am not exactly sure what that is,” Hayes said.

To read the rest of “LePage relents on sale of $115 million in voter-approved bonds,” an article byMaine Public staff writer Mal Leary, please follow this link to the BDN online.

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