5 Colo. Code Regs. § 1002-52.6

Current through Register Vol. 47, No. 20, October 25, 2024
Section 5 CCR 1002-52.6 - PROCEDURES FOR ESTABLISHING THE PROJECTED LOAN LIST AND DISTRIBUTING FUNDS
(1) The Projected Loan List shall be included in the IUP and, after a public notice and comment period, shall be presented to the Commission for final agency action at a public hearing. At minimum, the Projected Loan List shall identify:
(a) Name of the public water system
(b) Priority points and rank to the assigned project
(c) Project title and description
(d) Population of the PWS service area
(e) Amount of financial assistance requested
(f) Subsidy rate index
(g) Whether the project is within the fundable range
(2) The Division shall rank each project on the Projected Loan List based on the priority score of each project, and projects shall be funded in priority order. Detailed scoring mechanisms shall be established in the IUP based on the following parameters:
(a) Drinking water quality and public health
(b) Affordability
(c) Compliance with the Colorado Primary Drinking Water Regulations
(d) Source water protection and conservation
(e) Sustainability
(f) Readiness to proceed
(3) Projects on the Projected Loan List will be financed in priority order; however, exceptions for funding out of priority order shall be allowed for one or more of the following reasons:
(a) Certain governmental agencies or private nonprofit entities are not ready to proceed with the project;
(b) Certain governmental agencies or private nonprofit entities do not wish to participate in the DWRF, or they have received funding from other sources;
(c) Certain governmental agencies or private nonprofit entities had an emergency situation occur during the funding year; or
(d) Certain governmental agencies or private nonprofit entities are not approved for funding because of technical, financial, or managerial deficiencies. (The Division will attempt to work with the governmental entity or private nonprofit entity to resolve the issue through the capacity development program.)
(4) The Division shall identify the subsidy rate (if applicable) for each project on the Projected Loan List as identified in the Intended Use Plan.

5 CCR 1002-52.6

38 CR 17, September 10, 2015, effective 9/30/2015