1830                                       LAWS OF MARYLAND                                    Ch. 477

provide State grants and loans to assist in the conduct of
engineering and financing financial analyses for, and in the

design, construction, enlargement, rehabilitation,

improvements improvement, and equipping of certain
facilities or systems for the collection, disposal,
processing, reclamation, recycling, reduction, reprocessing,
and separation of solid wastes; establishing conditions of
eligibility for and limitations on the grants and loans;
defining certain terms; establishing certain priorities for
funding; and providing generally for the issuance and sale
of bonds evidencing the loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1)  The Board of Public Works may borrow money and incur
indebtedness on behalf of the State of Maryland through a State
loan to be known as the Solid Waste Facilities Loan of 1986 in
the total principal amount of $750,000 $500,000. This loan shall
be evidenced by the issuance, sale, and delivery of State general
obligation bonds authorized by a resolution of the Board of
Public Works and issued, sold, and delivered in accordance with
§§ 8-117 through 8-124 of the State Finance and Procurement
Article and Article 31, § 22 of the Code.

+

(2)  The bonds to evidence this loan or installments of this
loan may be sold as a single issue, or may be consolidated and
sold as part of a single issue of bonds under § 8-122 of the
State Finance and Procurement Article.

(3)  The cash proceeds of the sale of the bonds shall be
paid to the Treasurer and first shall be applied to the payment

of the expenses of issuing, selling, and delivering the bonds,
unless funds for this purpose are otherwise provided, and then
shall be credited on the books of the Comptroller and expended,
on approval by the Board of Public Works, for the following
public purposes, including any applicable architects' and
engineers' fees: to provide State grants and loans to assist in
the conduct of engineering and financing financial analyses for,
and in the design, construction, enlargement, rehabilitation,

improvement, and equipping of Solid Waste Facilities solid waste
facilities or systems.

(4)  As used in this Act, the following terms have the
meaning indicated:

(a)  "Facilities or systems" means projects or
properties used or useful in one or more of the following: the
collection, disposal, processing, reclamation, recycling,
reduction, reprocessing, and separation of solid wastes.

(b)  "Municipality" has the meaning stated in Natural
Resources Article § 3-101(g) of the Code, as amended.