Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter445A Water Controls |
ACCOUNT FOR THE REVOLVING FUND AND ACCOUNT FOR SET-ASIDE PROGRAMS |
Filing, Review and Approval of Applications for Financial Assistance |
NAC445A.67614. Initial evaluation of application.
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1. Upon receipt of an application, the Division shall evaluate:
(a) The application to determine whether the applicant submitted all the information required pursuant to NAC 445A.67613;
(b) The ability of the public water system to provide for:
(1) The continuing replacement of components of the public water system that are functionally obsolete or worn out;
(2) Current and anticipated debt service; and
(3) Current and future expenses of operation and maintenance;
(c) The capability of the public water system to remain in compliance with the Safe Drinking Water Act and NAC 445A.450 to 445A.6731, inclusive;
(d) Whether adequate collateral, if it was required, has been provided by the applicant to secure the loan;
(e) The sources that the applicant will draw on to repay the loan so that the Division may determine whether the sources are of sufficient amount and certainty to repay fully the loan and provide for the upkeep of the public drinking water system; and
(f) Whether the water project is consistent with any comprehensive planning and zoning provisions applicable to the area, including, without limitation, management plans, development plans and county planning activities.
2. If the applicant is a utility subject to the jurisdiction of the Public Utilities Commission of Nevada, an order by the Public Utilities Commission of Nevada authorizing a surcharge pursuant to NAC 704.600 for the water project is sufficient to satisfy the requirements of this section.
(Added to NAC by Bd. of Health by R067-98, eff. 7-23-98)