Idaho Administrative Code
Title IDAPA 58 - Environmental Quality, Department of
Rule 58.01.12 - RULES FOR ADMINISTRATION OF WASTEWATER AND DRINKING WATER LOAN FUNDS
Section 58.01.12.010 - FINANCIAL AND MANAGEMENT CAPABILITY ANALYSIS
Current through August 31, 2023
No loans shall be awarded for projects unless the applicant has demonstrated and certified that it has the legal, technical, managerial, and financial capabilities as provided for in these rules to ensure construction, operation and maintenance, and to repay principal and interest which would be due on a loan. (3-24-22)
01. Information Needed. Before an application will be considered complete, the applicant must submit all necessary information on a form prescribed by the Department along with substantiating documentation. The information may include, but not be limited to, demographic information of the applicant, estimated construction or implementation costs, annual operating costs, and information regarding the financing of the project, including the legal debt limit of the applicant and the existence and amount of any outstanding bonds or other indebtedness which may affect the project. (3-24-22)
02. Incorporated Nonprofit Applicants. (3-24-22)
03. Cost Allocation. An applicant proposing a wastewater, drinking water or nonpoint source project designed to serve two (2) or more entities must show how the costs will be allocated among the participating entities. Such applicants must provide an executed intermunicipal service agreement which, at a minimum, incorporates the following information: (3-24-22)
04. Waivers. The requirement in Section 010 may be waived by the Department if the applicant can demonstrate: (3-24-22)