(a) The town and/or town council shall have the authority to raise funds for the administration,
operation, contractual obligations, and services of the wastewater management program.
(b) Grant and loan program. The town under the authority of the state legislature shall have the authority to
issue bonds or notes or to receive grants for the purpose of establishing a revolving
fund to make low interest loans or grants available to qualified property owners for
the improvement, correction, or replacement of a failed OWTS. The town and/or town
council shall establish specific criteria to define eligibility for grants or loans.
A public hearing shall be held prior to implementing the grant and loan program.
(Ord. of 11-4-1996, § 11.0; Ord. of 12-7-2005, § 11; Ord. of 9-17-2008, § 11; Ord. of 12-7-2009, § 11; Amd. of 3-5-2012)
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