Section R18-15-306. Drinking Water Revolving Fund Application for Financial Assistance

A.      The Authority shall accept an application for financial assis- tance from an eligible applicant for a project that appears on the Drinking Water Revolving Fund Project Priority List and is determined to be within the fundable range. At the Authority’s discretion, the Authority may accept an application for finan- cial assistance prior to the project appearing on a Board- adopted Drinking Water Revolving Fund Project Priority List.

B.       The Authority shall not forward an application to the Board for consideration until all the following conditions are met:

1.        The project is on the Drinking Water Revolving Fund Project Priority List;

2.        The applicant has provided supporting documentation according to R18-15-305(B);

3.        The applicant has demonstrated legal capability, financial capability, technical capability and managerial capability as described in R18-15-104; and

4.        The applicant has obtained or is in the process of obtain- ing all permits and approvals required by federal, state, and local authorities.

C.      The application criteria required under subsections (A) and (B) shall not apply to financial assistance requests for short-term emergency loans under A.R.S. § 49-1269.

Historical Note

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

Amended effective June 4, 1998 (Supp. 98-2). Former Section R18-15-306 renumbered to R18-15-305; new Section R18-15-306 made by final rulemaking at 7

A.A.R. 5956, effective December 4, 2001 (Supp. 01-4). Amended by final rulemaking at 16 A.A.R. 1709, effec-

tive October 9, 2010 (Supp. 10-3).