Current through Bulletin 2024-18, September 15, 2024
(1) All grant and loan applicants shall apply
on forms provided by the department as required by Subsection
19-1-404(1)(b)(vi)(A),
and shall provide additional project information as requested by the
department.
(2) All private sector
businesses applying for a loan shall also complete a financial application that
includes the following information:
(a) a
current credit report from a reporting bureau authorized by the
department;
(b) a completed balance
sheet of the personal or real property that will be used to secure the
loan;
(c) copies of federal and
state income tax returns for the last two years for the applicant;
and
(d) additional information as
requested by the department.
(3) All applicants:
(a) may be charged an application fee of $140
for vehicle loans, $280 for grants, and $350 for infrastructure loans as
authorized in Subsection
19-1-403(4)(a);
(b) shall sign a statement acknowledging
that:
(i) approved projects must meet all the
eligibility requirements listed in Rule R307-123; and
(ii) applicants that are pre-approved are not
guaranteed project reimbursement by the department; and
(c) shall agree in writing to the provisions
in Subsections
19-1-404(1)(b)(vi)(B) through (E), and
(d) shall, if a vehicle converted or
purchased using loan or grant proceeds becomes inoperable through mechanical
failure or accident:
(i) continue to repay the
loan whether or not the vehicle is repairable; or
(ii) appeal to the department for a
resolution as provided for in Subsection
19-1-404(1)(b)(vi)(C).
(A) Applicants that wish to appeal to the
department shall:
1. provide reasonable
documentation that the vehicle converted or purchased is inoperable through
mechanical failure or accident; and
2. propose a course of action that may
include adjusting the loan repayment schedule or terms of the loan or
grant.
(B) Any remedy
pursued by the department will be handled on a case-by-case basis and at the
discretion of the department.
(4) Once the department has deemed that the
application is complete and the proposed project complies with this rule, the
application shall be reviewed by a committee consisting of at least the
following:
(a) the Division of Air Quality
(DAQ) Grant and Loan Program Coordinator or designee;
(b) a Section Manager from the DAQ or
designee;
(c) two DAQ technical
specialists chosen by the department; and
(d) other members as designated at the
discretion of the department.
(5) The committee will evaluate each
application according to the criteria provided in Sections
R305-4-6 and
R305-4-7.
(6) When considering grant and loan
applications, the department may modify the dollar amount or project scope for
which a grant or loan is awarded.
(7) Submission of an application under this
program and this rule constitutes the applicant's acceptance of the criteria
and procedures of this rule.
