Maine § 30-A §5953-B Loans from safe drinking water revolving loan fund

Maine Statutes

§ 30-A §5953-B — Loans from safe drinking water revolving loan fund

Maine·Title 30-A MUNICIPALITIES AND COUNTIES·Part 2 MUNICIPALITIES·Ch. 225 MAINE MUNICIPAL BOND BANK

1.Loan application. In addition to the other forms of financial assistance available under section 6006‑B, a public water system that is a community water system or a nonprofit water system that is not a community water system may apply for a loan from the safe drinking water revolving loan fund, in this section called the "fund," the proceeds of which must be used to acquire, design, plan, construct, enlarge, repair, protect or improve drinking water supplies or treatment systems owned by the applicant; to acquire development rights, conservation easements and other protective interests in land by the applicant or in cooperation with a land trust or similar entity; or for any actions authorized or required under the federal Safe Drinking Water Act of 1996, 42 United States Code, Sections

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1.
Loan application.
In addition to the other forms of financial assistance available under section 6006‑B, a public water system that is a community water system or a nonprofit water system that is not a community water system may apply for a loan from the safe drinking water revolving loan fund, in this section called the "fund," the proceeds of which must be used to acquire, design, plan, construct, enlarge, repair, protect or improve drinking water supplies or treatment systems owned by the applicant; to acquire development rights, conservation easements and other protective interests in land by the applicant or in cooperation with a land trust or similar entity; or for any actions authorized or required under the federal Safe Drinking Water Act of 1996, 42 United States Code, Sections 300f to 300j-9, as amended.
2.
Loan; loan agreements.
Loans from the fund are subject to this subsection.
3.
Eligibility certification.
A loan to a public water system may not be made under this section until:

Maine § 30-A §5953-B (Loans from safe drinking water revolving loan fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1991, c. 605, §7 (NEW). PL 1997, c. 555, §3 (AMD). PL 1997, c. 705, §14 (AMD). PL 1999, c. 77, §2 (AMD). PL 2003, c. 689, §B6 (REV). PL 2007, c. 353, §5 (AMD).