WILLIAM DONALD SCHAEFER, Governor                   Ch. 311

(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 officer,
by the governing body of the political subdivision.

[12-505.] 5-505.

(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 per
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 utilized;

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