Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter E - ECONOMICALLY DISTRESSED AREAS
Division 1 - ECONOMICALLY DISTRESSED AREAS PROGRAM
Section 363.506 - Review of Full Application and Assistance Conditions
Current through Reg. 49, No. 38; September 20, 2024
(a) The funds available for projects eligible for financial assistance from the Economically Distressed Areas Program Account under this subchapter shall be determined by the board.
(b) The board may provide financial assistance from the Economically Distressed Areas Program Account in the amount and manner provided in § 363.508 of this title (relating to Calculation of Financial Assistance) for costs necessary to provide water or sewer services for the activities as defined in Texas Water Code § 17.001(8), including:
(c) A full application for construction funding only shall include all the requirements in § 363.505 of this title (relating to Required Information for Full Applications) as well as a facility plan that includes all of the facility engineering data, studies, and analysis and any other relevant data or information as may be requested by the board or the executive administrator.
(d) The grant agreement may contain provisions for the board to retain a minimum of 5% of the progress payments otherwise due to the applicant until the funded deliverable, as defined in the grant agreement, is substantially complete and is authorized by the executive administrator.
(e) The board shall set the terms of the financial assistance provided under subsection (b) of this section, and such terms may be extended at the sole discretion of the board.