§ 9-640
156 words·~1 min read·
/md/environment/9-640A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–640.
(a)In this section, “governmental agency” means:
(1)The federal government;
(2)This State; or
(3)An agency or instrumentality of the federal government or this State.
(b)A district may borrow from a governmental agency the amount of money that the sanitary commission considers necessary to pay the organization and planning costs for a project or a service area, including costs for:
(1)Engineering services;
(2)Legal services;
(3)Estimates of costs;
(4)Estimates of revenue;
(5)Plans or specifications; and
(6)Surveys.
(1)A district may not pay interest on money borrowed from a governmental agency under this section.
(2)If a district borrows from a governmental agency under this section, the district shall repay the lending governmental agency:
(i)When work begins on the water system or sewerage system for which the borrowing was made; and
(ii)Only from funds or bond revenues that, under this subtitle, relate to the project.