Section R18-15-404. Water Supply Development Revolving Fund Project Priority List Ranking

A.      The Authority shall rank each project listed on the Water Sup- ply Development Revolving Fund Project Priority List based on the priority value of each project. The Authority shall con- sider the following categories to determine the priority value of each project.

1.        The Authority shall evaluate the existing, near-term, and long-term water demands of the water provider as com- pared to the existing water supplies of the water provider.

2.        The Authority shall evaluate the existing and planned conservation and water management programs of the water provider.

3.        The Authority shall evaluate the current conditions of the water provider’s facilities and the water provider’s water supply needs, and evaluate how effectively the project will benefit the infrastructure or water supply needs.

4.        The Authority shall evaluate the sustainability of the water supply to be developed through the project.

5.        The Authority shall evaluate the applicant’s local fiscal capacity.

B.       If two or more projects have the same rank according to sub- section (A), the Authority shall give priority to the project with the highest water demand value under subsection (A)(1). If projects remain tied, priority will be given to the project with the highest conservation and water management value under subsection (A)(2). If projects remain tied, this process shall continue through the categories under subsections (A)(3) through (5), sequentially. If projects continue to have the same priority value, the Committee shall determine the priority of the tied projects.

C.      If monies are available to provide a subsidy to the project, the Authority shall determine the subsidy rate index for each project on the Water Supply Development Revolving Fund Project Priority List based on the applicant’s local fiscal capac- ity value and the overall priority value of the project. The Authority shall incorporate the subsidy rate index in the finan- cial assistance agreement.

Historical Note

New Section made by final rulemaking at 16 A.A.R.

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