N.J. Admin. Code § 7:24A-1.3

Current through Register Vol. 56, No. 21, November 4, 2024

Section 7:24A-1.3 - Project eligibility

(a) Any local government unit with a proposed dam restoration or inland waters project as defined in 7:24A-1.7 is eligible to apply for loan under this chapter. Any private lake association or similar organization or any owner of a private dam with a proposed project is eligible to apply for loan as a co-applicant with a local government unit.

(b) To be eligible for a loan in any loan period, a proposed dam restoration or inland waters project, as defined in 7:24A-1.7, must satisfy the following criteria:

1. The proposed design of a dam restoration project must meet all requirements of the Dam Safety Standards, N.J.A.C. 7:20, including the development of an Operation and Maintenance Manual and Emergency Action Plan. The Operation and Maintenance Manual and Emergency Action Plan are not required to be completed at the time of application but must be completed as a condition of the loan award agreement;

2. A dredging or lake restoration project at a site where the dam impounding the lake is not in compliance with the Dam Safety Standards, N.J.A.C. 7:20, shall not be eligible unless the Department has awarded a loan for dam restoration pursuant to this chapter or the applicant provides with its application proof of other funding dedicated to the necessary dam repairs;

3. The project shall be an independent and complete project;

4. The project shall not be excessively expensive; and

5. The project shall not conflict with any other State projects.

(c) Inland waters projects are not eligible for loans from the 2003 Dam, Lake and Stream Project Revolving Loan Fund.

N.J. Admin. Code § 7:24A-1.3

Amended by R.2005 d.301, effective 9/6/2005.
See: 37 N.J.R. 999(a), 37 N.J.R. 3342(a).
Added (c).