MARVIN MANDEL, Governor                                      1201

(C)   WHEN THE DEPARTMENT APPROVES A SHORE EROSION
CONTROL PROJECT AND SIGNS AN APPROPRIATE AGREEMENT
WITH THE OWNER OF THE BENEFITED PROPERTY, STIPULATING
HOW THE STATE WILL BE REIMBURSED FOR NET PROJECT
CONSTRUCTION COSTS, THE DEPARTMENT SHALL PROCEED,
WITHIN BUDGETARY LIMITATION, TO CONSTRUCT THE PROJECT.
ON SATISFACTORY COMPLETION OF CONSTRUCTION, ANY
PROPERTY OWNER'S CASH CONTRIBUTION SHALL BE INDORSED
TO THE CREDIT OF THE CONTRACTOR. THE FUND SHALL PAY
THE BALANCE OF THE PAYMENT DUE THE CONTRACTOR. WITHIN
30 DAYS THEREAFTER, THE DEPARTMENT SHALL CERTIFY TO
THE BOARD OF PUBLIC WORKS PAYMENT OF THE CONSTRUCTION
COSTS AND TRANSMIT A COPY OF THE AGREEMENT SPECIFYING
HOW THE STATE WILL BE REIMBURSED FOR THE NET PROJECT
CONSTRUCTION COST. THE BOARD OF PUBLIC WORKS SHALL
LEVY A SPECIAL TAX, BEGINNING IN THE NEXT FISCAL YEAR,
ON THE BENEFITED PROPERTY IN CONFORMITY WITH THIS
AGREEMENT.

REVISOR'S NOTE: This subsection presently appears
as Article 66C, section 758A(c) of the
Code. The last clause is proposed for
deletion and transferred to section

8—1001(b), supra, because it is a

definition. The only other changes made
are in style.

(D)    COSTS TO MAINTAIN SHORE EROSION CONTROL
PROJECTS ARE THE SOLE RESPONSIBILITY OF THE BENEFITED
PROPERTY OWNER. THE DEPARTMENT PERIODICALLY SHALL
INSPECT THESE PROJECTS TO RECOMMEND TO THE PROPERTY
OWNER ANY MEASURES REQUIRED TO MAINTAIN THE PROJECT.

REVISOR'S NOTE: This subsection presently appears
as Article 66C, section 758A(d) of the
Code. The only changes made are in style.

(E)    ANY COUNTY OR ANY MUNICIPAL CORPORATION MAY
BORROW INTEREST-FREE FUNDS FROM THE FUND FOR ANY
APPROVED PROJECT WITHOUT THE PROJECT CONSTRUCTION COST
LIMITATION STATED IN THIS SECTION. THE COUNTY, OR
MUNICIPAL CORPORATION SHALL REPAY THE FUNDS AT A
UNIFORM RATE OVER A PERIOD NOT EXCEEDING 25 YEARS AS
STATED BY AGREEMENT BETWEEN THE STATE AND COUNTY OR
MUNICIPAL CORPORATION.

REVISOR'S NOTE: New subsection (e) was added to
Article 66C, section 758A as subsection (f)
by Chapter 524, Acts of 1972. It is
redesignated in light of the proposed