Ch. 40
LAWS OF MARYLAND
with the approval of the Board of Public Works, and subject to
the following conditions and limitations:
(1) The project must be included in the county water
and sewer plan approved by the county governing body and the
Department of [Health and Mental Hygiene] THE ENVIRONMENT
pursuant to [Section 387C of Article 43] § 9-502 OF THE
ENVIRONMENT ARTICLE of the Annotated Code of Maryland, as amended
from time to time.
(2) The total amount of the State loan(s) for any
project may not exceed the eligible cost of the project less the
total of federal and State grants and any federal loan for the
project, nor may it exceed five hundred thousand dollars
($500,000).
(3) The eligible cost of a project for which a loan
is made under this subsection includes the cost of reports,
plans, specifications, legal and administrative services,
equipment, construction, land, and easements and rights-of-way.
(4) The sewer facility must meet all requirements of
State law and regulations and must have the final approval of the
Department of [Health and Mental Hygiene] THE ENVIRONMENT
pursuant to [Section 394 of Article 43] § 9-204 OF THE
ENVIRONMENT ARTICLE of the Annotated Code of Maryland, as amended
from time to time. No loan may be made for a project that is not
connected directly or indirectly, through a sewer system of
adequate capacity, to a sewage treatment plant capable of
maintaining the water quality standards of the State. No loan may
be made for a project which is likely to cause untreated sewage
to spill from an existing sewer or to cause untreated or
inadequately treated sewage to bypass a sewage treatment plant.
(5) The loan shall bear the same rate of interest as
the bonds from which proceeds are used to provide the loan.
(6) The loan shall be repaid within 30 years, and the
first payment shall be made at a time stipulated by the Board of
Public Works.
(7) Before any loan is made, the petitioner shall
execute an agreement specifying the purpose, amount, and manner
of repayment of the loan and such other terms and conditions as
may be required by regulations of the Board of Public Works. The
agreement shall be signed on behalf of the State by the
Department of [Health and Mental Hygiene] THE ENVIRONMENT and
shall be approved by the Board of Public Works.
(8) Except in extraordinary circumstances, determined
by the Department of [Health and Mental Hygiene] THE ENVIRONMENT
and the Board of Public Works, a petitioner may receive no more
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