Okla. Admin. Code § 252:221-7-2

Current through Vol. 41, No. 19, June 17, 2024
Section 252:221-7-2 - Definitions

In addition to the definitions found in OAC 252:221-1-3, the following words or terms, when used in this Subchapter, shall have the following meanings, unless the context clearly indicates otherwise:

"Administrative Record" means a record available to the public, containing all relevant site information and documents that form the basis for the selection of a cleanup.

"Brownfield" means, as used in this subchapter, is defined in 42 U.S.C. § 9601(39) and has a different meaning than the term as used in Subchapters 1, 3 and 5 of this Chapter.

"Brownfields Revolving Loan Fund" means funding, originating from grants from the United States Environmental Protection Agency or repaid loans, which are made available to eligible entities as low interest loans or subgrants for environmental cleanup of eligible sites.

"Borrower" means a public or private entity that uses RLF funds for cleanup and cleanup- related activities and agrees to the terms of a loan agreement between itself and the DEQ.

"Eligible response site" means properties that do not meet the definition of a Brownfield but may be eligible if EPA makes a property-specific determination that the site is eligible for funding.

"Grantee" Means a grant given from the RLF Award to an eligible public entity or nonprofit.

"Post-Closeout Program Income" means program income received after a grant has been closed out by EPA.

"Program Income" means loan payments, interest, and fees received from borrowers, interest earned on accounts holding Program Income, and other income generated from RLF operations.

"Subgrant" means a portion of the RLF award available as grants to eligible entities, at the DEQ's discretion.

Okla. Admin. Code § 252:221-7-2

Added at 28 Ok Reg 89, eff 9-17-10 (emergency); Added at 28 Ok Reg 649, eff 7-1-11
Amended by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/15/2022