Okla. Admin. Code § 252:633-3-14

Current through Vol. 41, No. 19, June 17, 2024

Section 252:633-3-14 - Application for financial assistance

(a)Filing. The applicant shall file an application for financial assistance with the OWRB which meets the requirements of DEQ and OWRB rules. Applications will only be accepted from applicants listed on the fundable portion of the Project Priority List.

(b)Action on application.

(1) After a preliminary recommendation for approval of a pre-application is made as provided in 252:633-3-9 and an application is filed as provided in (a) of this section, the OWRB shall conduct an in-depth review and evaluation of the application.

(2) The DEQ shall consider the following general and nonexclusive criteria for application approval:

(A)Compliance with laws. The application and proposed water project must be in compliance with applicable and relevant federal, state and local laws and regulations, and applicant must possess all necessary and incidental legal rights and privileges necessary to project commencement and operation.

(B)Eligibility. The applicant and proposed water project must be determined to be eligible for the assistance sought.

(C)Availability of funds. The DEQ shall consider the current and anticipated availability of funds needed to provide the financial assistance requested.

(c)Continuing review after approval of application. After final approval, the OWRB, the DEQ, and the applicant will set a time and place for the loan closing.

Okla. Admin. Code § 252:633-3-14

Added at 14 Ok Reg 1139, eff 3-18-97 (emergency); Added at 14 Ok Reg 1690, eff 6-2-97; Amended at 15 Ok Reg 1957, eff 6-1-98; Amended at 25 Ok Reg 1140, eff 7-1-08