Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 365 - RURAL WATER ASSISTANCE FUND
Subchapter B - APPLICATION PROCEDURES
Section 365.24 - Board Consideration of Application
Universal Citation: 31 TX Admin Code ยง 365.24
Current through Reg. 49, No. 38; September 20, 2024
(a) The executive administrator shall submit the application to the board with comments concerning financial assistance. The application will be scheduled on the agenda for board consideration at the earliest practical date. The applicant and other interested parties known to the board shall be notified of the time and place of such meeting.
(1) If the applicant has received an
obligation of federal funds by the United States Department of
Agriculture-Rural Development that would duplicate funding from the board for
the same project, as evidenced in writing from the United States Department of
Agriculture-Rural Development, or if the applicant has canceled such an
obligation, the executive administrator shall not submit the application to the
board and shall notify the applicant that its application will no longer be
considered for this reason, unless good cause is shown that the application
should be submitted to the board.
(2) Board staff may coordinate its review of
an application submitted under this subchapter with a federal agency to avoid
duplication of efforts and costs.
(b) In passing on an application for financial assistance, the board shall consider:
(1) the needs of the area to be served by the
project, the benefit of the project to the area, the relationship of the
project to the overall state water needs, and the relationship of the project
to the state water plan; and
(2)
the availability of revenue to the rural political subdivision from all sources
for the ultimate repayment of the cost of the water supply project, including
all loan interest.
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