Subject to the provisions governing the allocations of funds set forth in the Act, the department will enter into contract with municipalities to make loans for the construction of new or improvement of existing water systems. Applications for the funds will be filed in accordance with Rule 0400-45-04-.05. Pursuant to T.C.A § 68-221-102, the plans and specifications for the work proposed to be constructed shall be approved in writing by the department prior to the initiation of any construction. The facilities shall be operated in accordance with rules and regulations. The staff of the Division of Water Resources will do a detailed review of the economic analysis submitted with the application in order to ascertain the economic feasibility of the proposed project.
Tenn. Comp. R. & Regs. 0400-45-04-.03
Authority: T.C.A. §§ 68-221-501 et seq. and 4-5-201 et seq.