N.H. Admin. Code § Env-Dw 1104.11

Current through Register No. 50, December 12, 2024
Section Env-Dw 1104.11 - Establishment and Verification of Revenue Program
(a) The applicant shall establish:
(1) A schedule of user charges that is designed to generate sufficient revenues to cover operation and maintenance expenses as well as any allocable portion of capital improvements; and
(2) A dedicated source or sources of revenue to repay the loan.
(b) For purposes of (a)(2), above, revenue shall be considered dedicated when the recipient passes or adopts an ordinance or other binding resolution committing a source or sources of funds for repayment.
(c) The applicant's ordinance or other binding resolution dedicating a source of funding for repayment of the loan shall be in effect and binding on the applicant prior to finalization of the loan agreement.
(d) The verification required by Env-Dw 1104.06(a)(4) shall be made by completing and executing the following form, as applicable:
(1) DWSRF Form 6A: Financial Certification, Publicly-Owned Systems, dated January 2015; or
(2) DWSRF Form 6B: Financial Certification, Privately-Owned Systems, dated January 2015.

N.H. Admin. Code § Env-Dw 1104.11

(See Revision Note at chapter heading for Env-Dw 1100) #8702, eff 8-24-06

Amended by Volume XXXV Number 06, Filed February 12, 2015 , Proposed by #10772, Effective 1/24/2015, Expires1/24/2025.