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Session Laws, 1987
Volume 769, Page 3823   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

unemployment, urban redevelopment, or
planned unit development;

(C)  Reducing, recycling, or treating solid or
hazardous wastes;

(D)  Assisting in the expansion or modernizing
of existing Maryland industry and the
attraction of new and diverse firms to
this State;

(E)  Promoting the health, safety, education or
welfare of the citizens of the State; and

(F)  Providing opportunities for minority
business enterprises, as defined in
Section 18-601 of the State Finance and
Procurement Article of the Annotated Code
of Maryland, as amended, as borrower,
lessee or as a contractor or subcontractor
for construction, services, or supplies.

(5) (A) In its application for an allocation, an
Issuer shall justify its request for an
allocation by describing how the Project
would be expected to advance one or more
of the goals specified in Section
2(d)(4)(A)-(F) above.

(B) Any State or Local Issuer requesting a
portion of the Secretary's Reserve
pursuant to this Section shall provide the
Secretary with any evidence that the
Secretary requires to support such
justification and any other information
that the Secretary deems necessary such as
public approval pursuant to Section 146(f)
of H.R. 3838, evidence of community
support, and evidence of readiness to
proceed such as a financing plan, a
feasibility study of the Project, a
commitment for credit enhancement, zoning
and land use approval, certification of
need or other approval from appropriate
State of local agencies.

Section 3. Dollar Amount of Allocation.

(a)  The actual dollar amount of all allocations shall be
determined by the Secretary.

(b)  The actual dollar amount of the initial allocations
provided by Section 2(a), (b) and (c) above will be

3823

 

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Session Laws, 1987
Volume 769, Page 3823   View pdf image
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