NAC349.485. Approval of letter of intent.

     1. The Board will approve the letter of intent in a motion or resolution adopted by the Board if the Board:

     (a) Makes the determinations required pursuant to subsection 3 of NAC 349.480; and

     (b) Finds that the proposed improvement or costs qualify for a grant pursuant to NRS 349.981 or 349.983.

     2. Upon approval of a letter of intent by the Board, the applicant must file an application for the proposed improvement or costs within 1 year after the date of approval or by a date specified by the Board, except that:

     (a) Upon the request of the applicant and based upon the occurrence of circumstances beyond the control of the applicant, the Division of Environmental Protection of the Department may once authorize the applicant to file the application at a later date, which must not be later than 18 months after the date of approval or 6 months after the date originally specified by the Board; or

     (b) The Board may, upon good cause shown, extend the period for the applicant to file the application.

     3. If the Board has approved a letter of intent, it may request that the Division of Environmental Protection or the Water Planning Section of the Division of Water Resources of the Department, as appropriate and within the limits of their available resources, assist the applicant with preparing an application. The Board may also request the Division of Environmental Protection of the Department to issue a letter evidencing an intent to proceed with the program.

     4. The approval of a letter of intent by the Board does not guarantee or ensure that any proposed improvement or costs will be provided a grant.

     (Added to NAC by Bd. for Financing Water Projects, eff. 12-24-91; A by R113-96, 1-23-98; R104-04, 9-18-2006)