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 September 16, 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
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