California Code of Regulations
Title 4 - Business Regulations
Division 11 - California Pollution Control Financing Authority
Article 9 - California Recycle Underutilized Sites (Cal Reuse) Program
Subarticle 1 - Calreuse Brownfield Assessment Program
Section 8093 - Application Availability, Submission and Strategic Partner Review

Universal Citation: 4 CA Code of Regs 8093

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) Loan Applications shall be available from the Authority's staff or from any Strategic Partner. Applicants can obtain a list of Strategic Partners or a copy of the Application by contacting the Authority's staff at the following address: California Pollution Control Financing Authority, 915 Capitol Mall, Room 457, Sacramento, California, 95814 Attention: California Recycle Underutilized Sites (CALReUSE) Program, or by telephoning (916) 654-5610. The Application shall contain the information set forth in Section 8092. The Applicant shall submit one (1) complete and signed Application to a Strategic Partner.

(b) The Strategic Partner shall review each Application in accordance with the provisions of this Article. No later than forty-five (45) days following receipt of an Application, the Strategic Partner shall in writing either:

(1) Notify the Applicant that the Application is approved;

(2) Notify the Applicant that the Application is denied and the reasons for the denial; or

(3) Notify the Applicant if the Application remains incomplete and describe what additional information the Applicant needs to submit to complete the Application. If the Strategic Partner determines that any document submitted in the Application is not adequate, the Application shall be deemed incomplete.

(c) A Strategic Partner may charge a reasonable fee for its services, subject to pre-approval by the Authority.

(d) Loan Interest Rate. The Strategic Partner will provide an interest rate quote that will be valid for 90 days. If the Loan is executed within those 90 days, the Borrower may choose the quoted interest rate, or the interest rate the day the loan is executed. If the Loan Agreement has not been executed within this time period, the Borrower will be quoted a new interest rate by the Strategic Partner under the terms described herein.

1. New section filed 8-13-2001 as an emergency; operative 8-13-2001 (Register 2001, No. 33). Pursuant to Health and Safety Code section 44520, a Certificate of Compliance must be transmitted to OAL by 2-11-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 8-13-2001 order transmitted to OAL 2-8-2002 and filed 3-21-2002 (Register 2002, No. 12).
3. Amendment of subsections (a) and (b) and amendment of NOTE filed 2-29-2008 as an emergency; operative 2-29-2008 (Register 2008, No. 9). Pursuant to Health and Safety Code section 44520(b), a Certificate of Compliance must be transmitted to OAL by 8-27-2008 or emergency language will be repealed by operation of law on the following day.
4. Amendment of subsections (a) and (b) and amendment of NOTE refiled 8-25-2008 as an emergency; operative 8-27-2008 (Register 2008, No. 35). Pursuant to Health and Safety Code section 44520(b), a Certificate of Compliance must be transmitted to OAL by 11-24-2008 or emergency language will be repealed by operation of law on the following day.
5. Amendment of subsections (a) and (b) and amendment of NOTE refiled 11-24-2008 as an emergency; operative 11-24-2008 (Register 2008, No. 48). Pursuant to Health and Safety Code section 44520(b), a Certificate of Compliance must be transmitted to OAL by 2-23-2009 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 11-24-2008 order, including new subsections (c) and (d), transmitted to OAL 1-7-2009 and filed 2-23-2009 (Register 2009, No. 9).

Note: Authority cited: Section 44520, Health and Safety Code. Reference: Sections 44501, 44502, 44504.1, 44505, 44506, 44507, 44508, 44520, 44525.7, 44526(h), 44526(i), 44537.5, 44548(a), 44548(b), 53545 and 53545.14, Health and Safety Code.

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