W. Va. Code R. § 47-34-20 - State Deficient Dams Rehabilitation Assistance Program
20.1. The Secretary
shall establish a State Deficient Dams Rehabilitation Assistance Program to
direct the distribution of loans from the Dam Safety Rehabilitation Revolving
Fund created under the Act.
20.2.
Use of Moneys in the Fund. -- Moneys in the Fund shall be used to make loans to
persons to finance costs for engineering, design, alteration, improvement,
repair, breaching or removal of a deficient dam necessary to correct or remove
the deficiencies and other activities as authorized by a federal grant or a
legislative appropriation. The Fund may also be utilized by the Secretary to
repair, remove or take other remedial action with respect to a deficient dam
under the authority in section 22 of the Act. The Fund may also be used to
defray administrative costs incurred by the Secretary or the
Authority.
20.3. Each loan shall be
in an amount that covers the reasonable and necessary cost of a project for
which funds are sought by the applicant and which are not provided by other
available sources. Dam owners may use multiple programs or sources to fund the
rehabilitation costs for a deficient dam, up to 100 percent of rehabilitation
costs. Dam owners cannot exceed 100 percent funding from multiple programs or
sources and must provide the Secretary with any multiple source accounting to
verify that the loan amount plus the additional sources of funding do not
exceed 100 percent.
20.4. List of
Deficient Dams. -- A State List of Deficient Dams shall be developed and
updated periodically by the Secretary utilizing a priority ranking system,
including, but not limited to, the following factors: size of dam and
reservoir; condition of dam and its appurtenances; and hazard potential to life
and property.
Notes
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