Page:United States Statutes at Large Volume 78.djvu/841

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[78 STAT. 799]
[78 STAT. 799]
PUBLIC LAW 88-000—MMMM. DD, 1964

78 STAT. ]

PUBLIC LAW 88-560-SEPT. 2, 1964

799

ADVANCES FOR PUBLIC WORKS PLANNING

SEC. 602. (a) Section 702(e) of the Housing Act of 1954 is amended ,

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f^ ^^f- 64i. 40 USC 452.

to read as follows: "(e) In order to provide moneys for advances in accordance with this section, the Administrator is hereby authorized to establish a revolving, fund which shall comprise (1) all moneys heretofore or hereafter appropriated pursuant to this section, together with all repayments and other receipts heretofore or hereafter received in connection with advances made under this section, and (2) all repayments and other receipts received after June 30, 1964, and all advances (and claims in connection with advances) outstanding as of such date, under title V of the W a r Mobilization and Eeconversion Act of 1944 (58 Stat. 791) and the Act of October 13, 1949 (63 Stat. 841-2). JThere are authorized to be appropriated to such revolving fund, in 40 USC'451addition to amounts authorized to be appropriated for the purposes of 458. this section prior to the date of the enactment of the Housing Act of 1964, such sums, not to exceed $20,000,000, as may be necessary to carry out the purposes of this section." (b) Section 702 of such Act is further amended by adding at the end thereof the following new subsection: " (h)(1) Notwithstanding any other provision of law, if a public agency or Indian tribe undertakes to construct only a portion of a public work planned with an advance under this section, under title V of the W a r Mobilization and Reconversion Act of 1944, or under the Act of October 13, 1949, it shall repay only such proportionate amount of the advance relating to the public work as the Administrator determines to be equitable. "(2) The Administrator is authorized to terminate, upon such terms and conditions as he shall deem equitable, all or a portion of the liability for repayment of any advance made under this section, title V of the W a r Mobilization and Reconversion Act of 1944, or the Act of October 13, 1949. Whenever the Administrator determines that there is no reasonable likelihood that the public work, or a portion of the public work, planned with such advance will be constructed, he may terminate the agreement for the advance. Such determination shall be conclusive and shall be based on standards prescribed by regulations to be issued by the Administrator." (c) Section 702 of such Act is further amended— (1) by striking out "public agencies" wherever that term appears in subsection (a) and inserting in lieu thereof "public agencies and Indian tribes"; (2) by striking out "public agency" in clause (3) of subsection (b) and inserting in lieu thereof "public agency or Indian tribe"; (3) by striking out "to any public agency" and "by the public agency" in subsection (c) and inserting in lieu thereof "to any public agency or Indian tribe" and "by the public agency or Indian tribe", respectively, and by striking out "by such agency" in such subsection and inserting in lieu thereof "by such agency or tribe"; and (4) by striking out "That if" and all that follows down through ^^ATid provided further" in subsection (c). (d) Section 702(f) of such Act is amended by striking out 73 Stat. ese. "$50,000" and inserting in lieu thereof "$100,000". (e) Section 702(a) of such Act is amended by inserting immediately before the first colon the following: ", including, in the case of public works to be constructed in connection with the development of a medical center, a general plan for the development of such center". (f) Section 702(b) of such Act is amended by striking out the last sentence.