Kansas Administrative Regulations
Agency 28 - DEPARTMENT OF HEALTH AND ENVIRONMENT
Article 15 - APPLICATION FOR PERMITS; DOMESTIC WATER SUPPLY
Section 28-15-62 - Financial capability
Universal Citation: KS Admin Regs 28-15-62
Current through Register Vol. 43, No. 52, December 26, 2024
As part of the loan application, the loan applicant shall demonstrate and certify to the secretary that the applicant has the financial capability to repay the loan and to cover the costs of operation and maintenance of the entire public water supply system of which the proposed project is an integral part. This financial assessment shall cover the life of the loan obligation and consider, at a minimum, changes in economic and population growth, depreciation, existing debt obligations, revenues, project costs, and effects on user charge rates.
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