The Bangor Region Chamber of Commerce has endorsed passage of two bond proposals on the November 6 ballot – Question 2, the jobs and economic development bond; and Question 3, the higher education bond.

“Eastern Maine is fortunate to have a great concentration of universities, colleges, and R&D facilities,” stated Candy Guerette, BRCC President. “In fact, the region’s economy is heavily dependent on higher education and research institutions. The BRCC endorses Questions 2 and 3 and urges its members to promote their passage. Voter approval will be good for the region's economy and quality of life.”

Question 2 would provide $55 million for State investment in competitive based grants for Maine-based research, development, and product commercialization. Passage would also bring to Maine at least $50 million in additional funds through federal and private sector grants and contracts. Based on Maine's past experience with such investment, passage of Question 2 will create or support thousands of jobs directly and indirectly.

A related proposal, Question 3, would provide $43.5 million for capital improvements primarily to Maine's public universities, community colleges, and Maine Maritime Academy. Voter passage of Question 3 will improve Maine's attractiveness as a place to learn, work, and raise a family.

“The Chamber recognizes that Maine's economy is heavily dependent on a well educated workforce and population,” Guerette said. “The BRCC also realizes that Maine's economy has become increasingly dependent on university and private sector research as one of our state's growth industries. These two bonds are essential to Maine’s future and its economy.”

November’s State-wide ballot includes three other issues which the Chamber Board did not take a position on. Question 1 is a citizen initiative which would permit the establishment, in Washington County, of a harness racing track with slot machines and high-stakes beano. Question 4 is a $35.5 million bond proposal, which would invest in land conservation, water access, wildlife habitat, outdoor recreation opportunities, and several related programs and acquisitions. Question 5 is a proposed change in State law which would extend to six, from the current four, the maximum number of consecutive two-year terms a person may serve in the same legislative chamber (i.e., House or Senate). More information on all of these ballot questions may be found at: http://www.maine.gov/sos/cec/elec/2007/intent07.html or at http://www.maine.edu/system/ea/2007BondProposalsFAQ.php