Illinois Administrative Code
Title 35 - ENVIRONMENTAL PROTECTION
Part 662 - PROCEDURES FOR ISSUING LOANS FROM THE PUBLIC WATER SUPPLY LOAN PROGRAM
Subpart A - INTRODUCTION
Section 662.170 - Waiver of Procedures

Universal Citation: 35 IL Admin Code ยง 662.170

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 PWSLP. 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 662.210 (Fixed Loan Rate);

2) Section 662.240(Restructuring);

3) Section 662.320 (Project Plan);

4) Section 662.330 (State Environmental Review);

5) Section 662.340 (Project Priority List);

6) Section 662.350(a)(9) (Ability to Repay);

7) Section 662.460(a)(3) (Operation and Maintenance of the Project);

8) Section 662.470 (Ongoing Auditing and Monitoring of Financial Capability);

9) Section 662.620(f)(3) (Wage Provisions);

10) Section 662.620(f)(4) (Disadvantaged Business Enterprise Requirements);

11) Section 662.620(f)(5) (Debarment and Suspension Certification);

12) Section 662.630(a)(1) (Disadvantaged Business Enterprise Requirements); and

13) Section 662.630(a)(4) (Debarment and Suspension Certification).

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