1380

LAWS OF MARYLAND

Ch. 494

(11)   AN ACTION PLAN AND SCHEDULE FOR ACTUAL
REUSE AFTER ACQUISITION AND CLEARANCE HAS BEEN ACCOMPLISHED;

(12)   A PLAN FOR THE UTILIZATION OF MINORITY
CONTRACTORS AND ASSURANCE OF EQUAL OPPORTUNITY IN EMPLOYMENT
IN CONNECTION WITH THE PROJECT;

(13)   A STATEMENT OF THE IMPACT OF THE PROJECT ON
THE NATURAL, HISTORIC, AND SOCIAL ENVIRONMENT;

(14)   WHERE APPLICABLE, A PLAN FOR RELOCATING
PROJECT-AREA OCCUPANTS; AND

(15)   ANY ADDITIONAL INFORMATION, DRAWINGS,
PLANS, REPORTS, OR ESTIMATES THAT THE DEPARTMENT REQUIRES.

(B) AS A FURTHER STEP TOWARDS AND CONDITION OF
APPROVAL OF A GRANT BY THE SECRETARY, THE GENERAL CONCEPT OF
THE PROJECT PLAN, INCLUDING A DESIGNATION OF THE PROJECT
AREA, SHALL BE THE SUBJECT OF A PUBLIC HEARING ON ADEQUATE
NOTICE AND PUBLICITY AND SHALL BE ENDORSED BY THE CHIEF
EXECUTIVE OFFICER OF THE POLITICAL SUBDIVISION OR, IF THERE
IS NO CHIEF EXECUTIVE OFFICES, BY THE GOVERNING BODY OF THE
POLITICAL SUBDIVISION.

464.

(A) IN APPROVING AN APPLICATION FOR A LOAN OR GRANT,
THE SECRETARY SHALL USE AS THE GOVERNING CRITERION, THE
DEGREE OF DESIRABLE ECONOMIC AND SOCIAL BENEFIT EXPECTED TO
BE DERIVED PEP DOLLAR OF STATE EXPENDITURE- IN APPLYING
THIS CRITERION, THE SECRETARY SHALL CONSIDER AT LEAST THE
FOLLOWING FACTORS:

(1)   THE POPULATION OF THE APPLYING POLITICAL
SUBDIVISION AND OF THE AREA AFFECTED BY THE PROJECT;

(2)   THE EXTENT OF ECONOMIC AND RELATED SOCIAL
DISTRESS, UNDEREMPLOYMENT, AND UNEMPLOYMENT IN THE POLITICAL
SUBDIVISION AND OF THE AREA AFFECTED BY THE PROJECT AND THE
DEGREE TO WHICH IT WILL BE RELIEVED BY THE CARRYING OUT OF
THE PROJECT;

(3)   THE DEGREE OF REVITALIZATION, RENOVATION,
REHABILITATION, AND PHYSICAL IMPROVEMENT TO BE ACCOMPLISHED
BY THE PROJECT;

(4)   THE DEGREE TO WHICH THE PROJECT WILL ADVANCE
STATEWIDE AND OR LOCAL ECONOMIC DEVELOPMENT STRATEGIES AND
OBJECTIVES;

(5)   THE DEGREE TO WHICH AVAILABLE SOURCES OF
FEDERAL FINANCIAL SUPPORT HAVE BEEN SOUGHT AND WILL BE