Kan. Admin. Regs. § 28-16-135
Current through Register Vol. 43, No. 24, June 13, 2024
As part of the loan application, each loan applicant shall demonstrate and certify to the secretary that the applicant has the financial capability to repay the loan and to cover the costs of operation and maintenance of the entire system of which the proposed project is an integral part. The financial assessment shall cover the life of the loan obligations and consider, as a minimum, changes in economic and population growth, existing in debt obligations, revenues, project costs, and effects on user charge rates.
Kan. Admin. Regs. § 28-16-135