Section 7. The board is authorized and directed to take all necessary or incidental actions to secure for the commonwealth the benefits of Title VI of the Clean Water Act, including exercise of the powers:
(i) to cooperate with appropriate federal agencies in all matters related to the administration of the state revolving loan fund as contemplated by Title VI of the Clean Water Act;
(ii) to prepare in cooperation with the department and submit to the appropriate federal agencies applications for capitalization grants under Title VI of the Clean Water Act and to enter into capitalization grant agreements, operating agreements and other agreements with the United States and the department relating to the purposes of the fund;
(iii) to cooperate with the department in preparing and submitting to the appropriate federal agencies intended use plans identifying the use of capitalization grant awards and other monies in the fund;
(iv) to prepare in cooperation with the department and submit to the appropriate federal agencies, the governor, the department and the clerks of the senate and the house, annual and other reports and audits, in form and content satisfying legal requirements under Title VI of the Clean Water Act, of activities of the board pertaining to the fund;
(v) to establish and collect such fees, charges and interest rates as the board shall determine to be reasonable and to hold, apply and disburse such monies within or without the fund to the implementation of the purposes of this chapter;
(vi) to establish, jointly with the state treasurer, fiscal controls and accounting procedures for the fund and the trust; and
(vii) to adopt after consultation with the department regulations, procedures and guidelines for administration of its loan programs and for maintenance of suitable accounting procedures by local government units for loan proceeds and projects. Such regulations, procedures and guidelines shall be consistent with requirements of Title VI of the Clean Water Act and all applicable rules, regulations, procedures and guidelines of the department, and may determine, without limitation, the form and content of loan applications, loan agreements and local government obligations.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title III - Laws Relating to State Officers
Chapter 29c - Massachusetts Clean Water Trust
Section 2 - Massachusetts Clean Water Trust; Board of Trustees; Members; Officers
Section 3 - Purpose of Trust; Powers and Duties of Board
Section 4 - Monies Held in Trust; Administration of Fund
Section 5 - Disbursement of Monies by Board of Trustees; Purposes
Section 7 - Clean Water Act; Powers and Duties of Board
Section 8 - Appropriations to Water Pollution Abatement Trust; Agreements
Section 9 - Bonds and Notes; Issuance
Section 10 - Loans to Local Governmental Units
Section 11 - Default on Loan; Remedies
Section 12 - Collection and Enforcement Powers of Local Governments
Section 13 - Local Governmental Obligations; Issuance; Interest; Payment; Taxation
Section 14 - Limited Obligations Payable From Local System Revenues
Section 15 - Security Agreements for Local Governmental Obligations
Section 16 - Termination of Trust
Section 19 - Cape Cod and Islands Water Protection Fund
Section 20 - Cape Cod and Islands Water Protection Fund Management Board; Annual Reports; Audit