Current through Register Vol. 56, No. 21, November 4, 2024
Section 7:1A-8.1 - Eligibility and criteria(a) Any local unit operating a water supply facility which lacks treatment facilities or which includes treatment facilities that are in need of improvement, rehabilitation or repair, is eligible for a loan in any application period where it satisfactorily completes the loan application process in a timely manner, meets the eligibility criteria set forth in this subchapter, receives the minimum priority score, and ranks high enough on the priority list to be funded. To receive a loan the project shall meet the following criteria to the satisfaction of the Department:1. The minimum priority score set out in 7:1A-8.2;2. The project shall be an independent and complete water supply project. An independent and complete project is one which by its implementation alone will render the specified portion(s) of the system adequate and efficient and will accomplish the purpose set forth in the application;3. The project shall not be excessively expense or cause unacceptably high environmental damage;4. The project shall not conflict with any other State projects or with the recommendations of the New Jersey Statewide Water Supply Plan;5. The application shall be accompanied by adequate explanation of how the local unit plans to repay the loan and pay any other expenses necessary to fully complete and implement the project, the steps it has taken to implement this plan and the steps it plans to take before receiving the loan that shall guarantee that at the time of the signing of the loan award document it shall be irrevocably committed to repay the loan and pay any other expenses necessary to fully complete and implement the project. The local unit shall comply with all standard loan provisions of the State of New Jersey;6. A project for new treatment facilities is only eligible when there are violations or noncompliance with safe drinking water standards or treatment requirements set by the Act. New treatment facilities solely for capacity increase are not loan eligible; and7. The application documents shall clearly state and document how the loan shall accomplish the goal set out in the application. N.J. Admin. Code § 7:1A-8.1