Illinois Administrative Code
Title 35 - ENVIRONMENTAL PROTECTION
Part 365 - PROCEDURES FOR ISSUING LOANS FROM THE WATER POLLUTION CONTROL LOAN PROGRAM
Subpart A - INTRODUCTION
Section 365.170 - Waiver of Procedures

Universal Citation: 35 IL Admin Code ยง 365.170

Current through Register Vol. 48, No. 38, September 20, 2024

a) Except as provided in subsection (b) or otherwise required by law, the Director may waive any of the loan procedures, either in whole or in part, by a written statement to the loan recipient, either as a special condition of the loan or otherwise, provided the Director finds that the procedure or requirement to be waived is not necessary to insure the integrity of the project, will not reduce a recipient's ability to repay the loan to the Agency, or will not, in general, weaken the financial position of the WPCLP. The waiver may be subject to such additional conditions as the Director deems necessary.

b) In addition to all federal requirements, these procedures will not be waived:

1) Section 365.210 (Fixed Loan Rate);

2) Section 365.240(Restructuring);

3) Section 365.320 (Project Plan);

4) Section 365.330 (State Environmental Review);

5) Section 365.340 (Project Priority List);

6) Section 365.350(a)(10) (Ability to Repay);

7) Section 365.460(a)(3) (Operation and Maintenance of the Project);

8) Section 365.470 (Ongoing Auditing and Monitoring of Financial Capability);

9) Section 365.620(f)(3) (Wage Provisions);

10) Section 365.620(f)(4) (Disadvantaged Business Enterprise Requirements);

11) Section 365.620(f)(5) (Debarment and Suspension Certification);

12) Section 365.630(a)(1) (Disadvantaged Business Enterprise Requirements); and

13) Section 365.630(a)(4) (Debarment and Suspension Certification).

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