SECTION .0200 - AVAILABILITY OF LOANS

 

15A NCAC 01N .0201       Availability of loans

(a)  Loans shall be available only for projects that appear

on the state approved intended use plan submitted to the U.S. Environmental

Protection Agency and that comply with the requirements of this Subchapter.

(b)  Proposed projects may be added to the IUP to address

emergency situations.  The qualifying criteria is that a serious public health

hazard or a drought emergency is present or imminent for a public water supply

system.  Such actions will be reported in the Annual Report.

(c)  Fifteen percent of the annual allocation shall be

available to public water systems which regularly serve fewer than 10,000

persons to the extent such funds can be obligated in accordance with Rule .0701

of this Subchapter.

(d)  During any fiscal year a maximum of five percent of the

annual allocation may be used for loans for project planning purposes only.

 

History Note:        Authority G.S. 159G-22; 159G-35; 159G-44;

Temporary Adoption Eff. January 31, 1998;

Eff. April 1, 1999;

Amended Eff. February 1, 2008; August 1, 2004.