These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

90.50A.040  <<  90.50A.050 >>   90.50A.060

Loans from fundRequirements for recipients.

Any public body receiving a loan from the fund shall:
(1) Appear on the annual project priority list to be identified for funding under the clean water act;
(2) Submit an application to the department;
(3) Establish and maintain a dedicated source of revenue or other acceptable source of revenue for the repayment of the loan; and
(4) Demonstrate to the satisfaction of the department that it has sufficient legal authority to incur the debt for which it is applying.
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