In approving loans and grants, the Board shall give preference to loans and grants for projects that will (i) utilize private industry in operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance, or (ii) serve two or more local governments to encourage regional cooperation, or (iii) both.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

1992, c. 378.