NAC445A.67562. Eligibility for short-term loan for certain costs of water project; incorporation of loans.  


Latest version.
  •      1. An applicant is eligible to receive a short-term loan from the Account for the Revolving Fund for costs concerning:

         (a) Planning and engineering to:

              (1) Determine the causes of a problem of a public water system;

              (2) Define potential solutions to a problem of a public water system; and

              (3) Develop the information for the letter of intent required pursuant to NAC 445A.67577.

         (b) Conducting preliminary or reconnaissance engineering;

         (c) Preparing water project plans to satisfy the requirements of NAC 445A.450 to 445A.6731, inclusive;

         (d) Preparing environmental information for the process of environmental review pursuant to NAC 445A.6758 to 445A.67612, inclusive;

         (e) Preparing the information for the application required pursuant to NAC 445A.67613; or

         (f) Any other planning activity approved by the Division that is related to a water project.

         2. At the time an applicant applies for a long-term loan, he or she may request that any short-term loan for which the applicant is liable be incorporated into the long-term loan.

     (Added to NAC by Bd. of Health by R067-98, eff. 7-23-98)