Utah Admin. Code R317-101-8 - Loans For Storm Water Projects
Storm water projects are eligible for funding through the Utah Wastewater Project Assistance Program, as identified in Subsection 73-10c-2(12). In addition to other rules identified in Rule R317-101 which may apply, the following particular rules apply to storm water project loans:
A. Loans will only be made to political
subdivisions of the state.
B. The
interest rate charged on storm water project loans will be equal to 60% of the
interest rate on a 30-year U.S. Treasury bill.
C. Storm water project loans will be made
twice per year. Projects will be prioritized so that the limited funds which
are available are allocated first to the highest priority projects in
accordance with Sections
R317-100-3
through
R317-100-4,
ranking systems of the Utah State Project Priority System for the Utah
Wastewater Project Assistance Program.
D. Storm water projects are eligible for
funding provided a significant portion of the project is for the purpose of
improving water quality.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.