California Code of Regulations
Title 10 - Investment
Chapter 7.1 - Business, Transportation and Housing Agency: Metal Plating Facility Loan Guarantees
Article 1 - Metal Plating Facility Loan Guarantees
Section 5282 - Application Content
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
A Metal Plating Loan Guarantee application shall contain all of the following:
(a) Information regarding the operation, ownership and location for which the application is being submitted, including:
(b) Information regarding the reduction of emissions, releases and/or hazardous waste for which funding is being requested, including:
existing treatment, storage, and disposal areas; and sites of future treatment, storage, and disposal areas.
(c) Information demonstrating compliance with the applicable terms, conditions, and requirements of section 5281.
(d) A statement by the applicant that it is in compliance with all local, state and federal laws, regulations, requirements and rules, including CEQA and all other environmental laws, regulations, requirements and rules.
(e) All permits, official actions and exhibits thereto, secured in accordance with CEQA, or taken in connection with the application.
(f) A copy of the environmental audit, if one is required by the lender or the corporation.
(g) A certification by the applicant that the facility meets one of the conditions specified in section 5281(c).
(h) Information demonstrating that the applicant is able to provide adequate security, and repay the loan. "Security," as used herein, means a first lien on any equipment purchased with loan proceeds, first beneficiary interest in the life insurance policies of key applicant personnel, or other interests in real or personal property. As used herein, "key applicant personnel" means a person(s) without whom, in the judgment of the lender, the business would fail.
(i) All financial information required by the lender for the purpose of determining the applicant's worthiness for a loan.
(j) The loan amount and term.
1. New section filed 7-26-2006 as an emergency; operative 7-26-2006 (Register 2006, No. 30). This regulatory action is deemed an emergency, was filed directly with the Secretary of State, and shall remain in effect until revised or repealed by the Business, Transportation and Housing Agency pursuant to Public Resources Code section 42106.
Note: Authority cited: Section 42106, Public Resources Code. Reference: Sections 42101, 42101.1, 42101.3 and 42103, Public Resources Code.