690 LAWS OF MARYLAND CH. 445
5. The loan shall bear the same rate of interest as the Certifi-
cates of Indebtedness from which cash proceeds are used to provide
the loan.
6. The loan shall be repaid over a period not to exceed thirty
(30) years WITHIN THIRTY (30) YEARS, AND THE FIRST
PAYMENT SHALL BE MADE AT SUCH TIME AS STIPULATED
BY THE BOARD OF PUBLIC WORKS.
7. Before any loan has been allowed, the petitioner shall execute
and acknowledge in a manner according to law, an agreement which
will specify the purpose, amount, and manner of repayment of the
loan and such other terms and conditions as may be required by
regulations of the Board of Public Works. The agreement shall be
signed on behalf of the State of Maryland by the Department of
Health and shall be approved by the Board of Public Works.
ADMINISTRATION OF GRANTS AND LOANS
(d) Petitions in the first instance shall be directed to the State
Department of Health, and copies of all petitions shall be sent by the
State Department of Health to the Board of Public Works for the
informational use of the latter agency. The State Department of
Health shall study and investigate the several petitions from time
to time, to ascertain the projects most necessary and desirable
under the provisions of this Act; and the Department shall give first
approval to those projects and petitions most likely to abate, prevent,
and reduce pollution of the waters, rivers, streams, bays, and coastal
areas of the State of Maryland. In approving petitions and projects,
the Department shall specify the allocation of bond proceeds among
the several programs "Construction Grants," "Loans for Sewer Con-
struction," and "Comprehensive River Basin Programs." For those
petitions approved, the State Department of Health shall submit a
report to the Board of Public Works. The report shall certify the
sum of the outright State grant or loan and the sum which is re-
quired to advance all or part of any Federal grant for which the
project is eligible and shall incorporate a recommendation that the
Board of Public Works shall make available the necessary funds
as provided hereunder; and the Board of Public Works thereupon
shall make the funds available from moneys available under this Act.
(e) The Board of Public Works may allocate from monies avail-
able under this Act, to every county, municipality, or any agency
thereof, or any special governmental agency which is charged with
providing a sanitary facility, whose plan is approved, the sum rec-
ommended by the State Department of Health. The Board of Public
Works shall certify the allocation of State Funds to the Treasurer
of the State and the Treasurer shall make them available to the local
governments and agencies which submitted the petitions, when
needed for the construction of the respective projects.
(f) The Board of Public Works is authorized, in its discretion,
to adopt and promulgate rules and regulations for receiving
such petitions from local governments and agencies in this State,
and for the consideration of the petitions and disbursing of the funds
to the petitioning local governmental units and agencies, within the
spirit and intent of this Act.
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