Sec. 5416.
The costs of administering and implementing this part by the department, the designated agents of the department, and the authority may be paid from funds annually appropriated by the legislature from 1 or more of the following sources:
(a) An amount taken from the federal capitalization grant, subject to the limitations prescribed in the federal safe drinking water act.
(b) A local match provided by the water supplier receiving assistance not to exceed the department's administrative costs associated with providing the assistance.
(c) Interest or earnings realized on loan repayments to the fund, unless the earnings are pledged to secure or repay any indebtedness of the authority.
(d) Proceeds of bonds or notes issued pursuant to the fund and sold by the authority.
(e) Any other money appropriated by the legislature.
History: Add. 1997, Act 26, Imd. Eff. June 17, 1997
Popular Name: Act 451
Popular Name: NREPA
Last modified: October 10, 2016