Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 371 - DRINKING WATER STATE REVOLVING FUND
Subchapter D - APPLICATION FOR ASSISTANCE
Section 371.36 - Multi-Year Commitments
Universal Citation: 31 TX Admin Code ยง 371.36
Current through Reg. 49, No. 38; September 20, 2024
(a) Commitment periods may be set for a period of up to five years. The minimum interest rate reduction for multi-year commitments will be established for the five-year period based on the interest rate reduction prescribed in the IUP for the first year's commitment.
(b) This option is only available for projects as described in the IUP.
(c) Any entity receiving a multi-year commitment must annually re-confirm its anticipated funding commitments established with the initial commitment.
Disclaimer: These regulations may not be the most recent version. Texas 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
