§ 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.

HISTORY: 1991, ch. 515; 1992, ch. 22, § 1.