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.67617 - Rejection of application
Current through September 16, 2024
The Division shall reject an application if the applicant fails to:
1. Submit a complete application pursuant to NAC 445A.67613 and 445A.67614;
2. Provide documentary evidence that the applicant has access to dedicated sources of revenue that are sufficient, in the judgment of the Division, to ensure repayment of the loan;
3. Provide adequate collateral for the loan;
4. Demonstrate the legal, technical, managerial, institutional and financial capability to provide adequately for the operation, maintenance and replacement of the public water system during the term of the loan;
5. Demonstrate the technical, financial and managerial capability required for continuous compliance with the Safe Drinking Water Act and NAC 445A.450 to 445A.6731, inclusive; and
6. Carry out any mitigating measures that the Division has required.
Added to NAC by Bd. of Health by R067-98, eff. 7-23-98
NRS 445A.270