Nevada Administrative Code
Chapter 445A - Water Controls
ACCOUNT FOR THE REVOLVING FUND AND ACCOUNT FOR SET-ASIDE PROGRAMS
Filing, Review and Approval of Applications for Financial Assistance
Section 445A.67614 - Initial evaluation of application
Universal Citation: NV Admin Code 445A.67614
Current through December 12, 2024
1. Upon receipt of an application, the Division shall evaluate:
(a) The application to determine whether the
applicant submitted all the information required pursuant to NAC
445A.67613;
(b) The ability of the public water system to
provide for:
(1) The continuing replacement of
components of the public water system that are functionally obsolete or worn
out;
(2) Current and anticipated
debt service; and
(3) Current and
future expenses of operation and maintenance;
(c) The capability of the public water system
to remain in compliance with the Safe Drinking Water Act and NAC
445A.450 to
445A.6731, inclusive;
(d) Whether adequate collateral, if it was
required, has been provided by the applicant to secure the loan;
(e) The sources that the applicant will draw
on to repay the loan so that the Division may determine whether the sources are
of sufficient amount and certainty to repay fully the loan and provide for the
upkeep of the public drinking water system; and
(f) Whether the water project is consistent
with any comprehensive planning and zoning provisions applicable to the area,
including, without limitation, management plans, development plans and county
planning activities.
2. If the applicant is a utility subject to the jurisdiction of the Public Utilities Commission of Nevada, an order by the Public Utilities Commission of Nevada authorizing a surcharge pursuant to NAC 704.600 for the water project is sufficient to satisfy the requirements of this section.
Added to NAC by Bd. of Health by R067-98, eff. 7-23-98
NRS 445A.270
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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