Section 4-604 - Application procedures and criteria. - Maryland Statutes

§ 4-604. Application procedures and criteria.
 

(a)  In general.- The Department shall adopt regulations to carry out the provisions of this subtitle. 

(b)  Regulations.-  

(1) The regulations adopted under this subtitle shall establish application procedures and criteria for the award of a loan under this subtitle. 

(2) The criteria shall provide a basis for the priority ranking of projects, and shall include: 

(i) The financial capacity and fiscal accountability of the applicant; 

(ii) The location of the underground storage tank and the degree to which removal of the tank would impose a geographical hardship on the surrounding community or industries dependent on availability of the petroleum; 

(iii) The extent to which the existence of the tank is required for an essential public service; 

(iv) Previous efforts expended to correct any existing environmental problem and to maintain compliance with State and federal regulations; 

(v) Measures to assure accountability for all funds awarded under this subtitle; and 

(vi) Any other criteria that the Secretary considers appropriate. 

(c)  Documentation.- The regulations adopted under this subtitle shall require the recipient of a loan under this subtitle to provide the Department with documentation that the proceeds of the loan were applied in accordance with § 4-603 of this subtitle and the loan agreement. 
 

[1991, ch. 515; 1992, ch. 22, § 1.]