|
1062 LAWS OF MARYLAND [Ch. 4
THEIR RESPECTIVE BUDGETS NEXT TO BE ADOPTED, SUBJECT
TO SUCH REVIEW AS MAY BE REQUIRED BY THEIR RESPECTIVE
BUDGETARY PROCEDURES. SUCH AMOUNTS SHALL BE DUE AND
PAYABLE TO THE COMMISSION IN NOT MORE THAN FOUR (4)
INSTALLMENTS WHICH SHALL BE NOT LESS OFTEN THAN
QUARTERLY DURING ITS FISCAL YEAR.
(D) PAYMENT OF COST SHARES. EVERY STATEMENT
RENDERED TO A PERSON OR GOVERNMENTAL AGENCY OTHER THAN
A SIGNATORY, FOR HIS OR ITS ANNUAL SHARE IN THE COSTS
OF ANY PROJECT SHALL BE PAYABLE IN FULL WITHIN THIRTY
(30) DAYS OF THE DATE OF RECEIPT OF THE STATEMENT
UNLESS THE COMMISSION SHALL OTHERWISE PROVIDE.
(E) INTERIM FINANCING. PENDING REMITTANCES BY
THE SIGNATORIES, AND PAYMENTS BY PERSONS AND OTHER
GOVERNMENTAL AGENCIES, THE COMMISSION MAY BORROW FROM
ITS WORKING CAPITAL OR OTHER SOURCES TO FINANCE ITS
CURRENT EXPENSE BUDGET.
14.02. PROJECT COSTS AND EVALUATION STANDARDS.
—-THE COMMISSION MAY:
(A) ESTABLISH STANDARDS AND PROCEDURES FOR THE
EVALUATION, DETERMINATION OF BENEFITS, AND ALLOCATION
OF COSTS OF PROJECTS AFFECTING THE WATER RESOURCES OF
THE BASIN;
(B) DEVELOP EQUITABLE COST-SHARING AND
REIMBURSEMENT FORMULAS FOR THE SIGNATORIES;
(C) DEVELOP PROCEDURES FOR THE ALLOCATION OF
PROJECT COSTS AMONG PURPOSES INCLUDED IN
MULTIPLE-PURPOSE PROGRAMS;
(D) DEVELOP CONTRACTS AND ARRANGEMENTS FOR
SHARING FINANCIAL RESPONSIBILITY AMONG AND WITH
PERSONS AND GOVERNMENTAL AGENCIES AND FOR THE
SUPERVISION OF THEIR PERFORMANCE;
(E) ESTABLISH AND SUPERVISE A SYSTEM OF ACCOUNTS
FOR REIMBURSABLE PURPOSES AND DIRECT THE PAYMENTS AND
CHARGES TO BE MADE FROM AND TO SUCH ACCOUNTS;
(F) DETERMINE THE BASES AND APPORTION THE
AMOUNTS OF REIMBURSABLE REVENUES TO BE PAID PERSONS
AND GOVERNMENTAL AGENCIES; AND MAY FROM TIME TO TIME
MODIFY OR AMEND ANY OF THE FOREGOING.
14.03. COST SHARING. —(A) THE SIGNATORIES
WILL PROVIDE SUCH CAPITAL FUNDS REQUIRED FOR PROJECTS
|