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Session Laws, 1985
Volume 760, Page 2658   View pdf image
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2658                                       LAWS OF MARYLAND                                     Ch. 527

(3)] "Project" means an access road, a utility line
or both an access road and utility line that are located within a
political subdivision and that directly serve an industrial site.

[(4)] (3) "Project costs" may include the cost of
planning and engineering, engineering services, design services,
other professional services, and the actual cost of constructing,
reconstructing, or improving a project.

[(5)] (4) (i) "Utility line" means any line, pipe,
conduit, wire, cable, or any other means of providing for
drainage, sewage, gas, water, light, electric power, or for
providing for any other form of energy, signal or service.

(ii) "Utility line" includes any sanitary or
storm sewer, drainage, gas or water main, and any electric power
or telephone line.

(b)  Subject to the provisions of this section, any
political subdivision may apply for and the Secretary [of
Economic and Community Development] may approve a loan to finance
any portion of the project costs of an access road, a utility
line, or both.

(c) (1) To apply for assistance, a political subdivision
shall submit an application to the Department [of Economic and
Community Development].

(2)  In the manner and detail required by the
Secretary [of Economic and Community Development], the
application shall:

(i) Explain the need for the project for which
assistance is requested; and

(ii) State the amount and type of assistance
requested for the project.

(3)  The application also shall include a
certification by the political subdivision that the project for
which assistance is requested would serve a manufacturing,
processing, or other industrial establishment that has been
constructed or will be constructed.

442.

A subdivision may delegate the planning and carrying out of
a project under §§ 440, 441, or 441A to a [municipality located
within the subdivision or to a] local economic development
agency, OR IN THE CASE OF A COUNTY, TO A MUNICIPAL CORPORATION
LOCATED IN THE COUNTY. However, the delegation does not relieve
the subdivision of any obligation incurred under any loan
agreement executed pursuant to this subtitle.

443.

 

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Session Laws, 1985
Volume 760, Page 2658   View pdf image
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