(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.
(c)
- (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.
Added by Acts 1982, c. 240, § 2.
Formerly Art. 43, § 650.