- Associated Press - Thursday, June 12, 2014

AUGUSTA, Maine (AP) - Maine will receive $127 million through selling bonds that will support several transportation and infrastructure projects.

State Treasurer Neria Douglass said that the state’s general obligation bonds were sold on Thursday and the proceeds will be available later this month.

The money will support several projects, including some that have already been funded through the treasurer’s cash pool.

The Department of Transportation will receive $41 million for highways and bridges and $13.6 for ports, harbors and rails. Among the other projects being funded include $3.67 million in energy upgrades for the University of Maine System and $3.95 million for a new science building for the Maine Maritime Academy.


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