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Session Laws, 1966
Volume 678, Page 954   View pdf image (33K)
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954                              LAWS OF MARYLAND                      [CH. 561

or designated in said advertisements; and on the opening of such
sealed proposals, as many of said bonds or Certificates of Indebted-
ness as have been so bid for shall be awarded by the Board of Public
Works, to the highest responsible bidder or bidders therefor for
cash, if the prices bid are adequate, in the judgment of the Board
of Public Works, and when two or more bidders have made the same
bid, and such bid is the highest and the Certificates so bid for by
the highest responsible bidder are in excess of the whole amount
of the Certificates offered for sale, such bonds or Certificates of In-
debtedness shall be awarded to such responsible bidders bidding
the same price in a ratable proportion; or if any insufficient price
be bid for them, they may be subsequently disposed of under the
direction of the Board of Public Works, at a private sale upon the
best terms they can obtain for the same; provided they shall not
be sold at private sale for less than par and accrued interest.

Sec. 4. And be it further enacted, That the sum of Twenty-five
Thousand Dollars ($25,000), or so much thereof as may be necessary,
shall be paid by the Treasurer of the State upon the warrant of the
Comptroller out of the proceeds of the sale of said bonds or Cer-
tificates of Indebtedness, for the payment of the expense of engraving,
printing and other outlays connected with the issue of the loan here
authorized, and for the payment of the advertising directed by this
Act, and all other incidental expenses, connected with the execution
of its provisions in connection with said loan.

Sec. 5. And be it further enacted, (a) That the actual cash pro-
ceeds from the sale of Certificates of Indebtedness to be issued under
this Act shall be paid to the Treasurer of the State upon the warrant
of the Comptroller, and such proceeds shall be used exclusively to
assist the counties, municipalities, any agencies thereof, or any
special governmental agency which is charged with providing sani-
tary facilities within a county or municipality, in the construction
of sewerage systems. Such construction projects must meet the
specifications required by the Federal Water Pollution Control Act,
and must be within the provisions of Section 387B of Article 43 of
the Annotated Code of Maryland, as amended from time to time.

(b) Any county, municipality, or any agency which is entitled to
receive a State grant pursuant to the provisions of Section 387(A)2
of Article 43 of the Annotated Code of Maryland, as amended from
time to time, may petition the State Department of Health for a
grant, within the following conditions and limitations:

1.    That a preliminary application, in such form as the State
Department of Health shall specify, must be received by the State
Department of Health for each project no later than January 1 of
each year, for projects to be financed during the fiscal year start-
ing the following July 1.

2.    That the final petition and such supporting documents as may
be required by the State Department of Health are received by the
State Department of Health no later than May 1 of each year for
all projects to be financed in the fiscal year starting the following
July 1.

3.    That such Federal funds as are available for financing such
construction projects shall be used to the maximum extent possible.

 

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Session Laws, 1966
Volume 678, Page 954   View pdf image (33K)   << PREVIOUS  NEXT >>


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