Section R18-15-305. Drinking Water Revolving Fund Fundable Range for Financial Assistance

A.      Prior to adoption by the Board of the Drinking Water Revolv- ing Fund Project Priority List, the Authority shall determine which projects are within the fundable range.

B.       In determining the fundable range the Authority shall evaluate each project for evidence that the project is ready to proceed. The Authority shall consider the following indicators when evaluating whether the project is within the fundable range:

1.        Evidence of debt authorization according to R18-15- 104(B);

2.        Evidence that the applicant has obtained applicable local, state, or federal project permits, as applicable;

3.        Evidence of approval by the appropriate authority of project plans and specifications; and

4.        Evidence that the applicant has initiated the bid or solici- tation process.

Historical Note

Adopted effective September 18, 1997 (Supp. 97-3).

Amended effective June 4, 1998 (Supp. 98-2). Former Section R18-15-305 repealed; new Section R18-15-305 renumbered from R18-15-306 and amended by final rule- making at 7 A.A.R. 5956, effective December 4, 2001 (Supp. 01-4). Amended by final rulemaking at 16 A.A.R.

1709, effective October 9, 2010 (Supp. 10-3).