N.J. Admin. Code § 7:26-14A.5

Current through Register Vol. 56, No. 24, December 18, 2024

Section 7:26-14A.5 - Eligibility for project loans

(a) Any local government unit is eligible to receive a loan for a resource recovery facility, environmentally sound sanitary landfill facility or other approved solid waste facility from the Fund. Only a county governing body, however, is eligible to receive a loan from moneys transferred to the Fund pursuant to P.L. 1985, c.335 from the Natural Resources Fund which was established pursuant to P.L. 1980, c.70.

(b) To receive a loan, the project shall meet the following criteria to the satisfaction of the Department:

1. The project for which the loan application is being made has been included (by lot and block number, by type of technology, for example, landfill, mass burn, composting, etc.) in the appropriate district solid waste management plan adopted and approved in accordance with N.J.S.A. 13:1E-1 et seq.;

2. If applicable, the project shall have received the approvals required under N.J.S.A. 13:1E-26; and

3. The local government unit shall not be in current default on any State loan. If a local government unit is in current default on a State loan, a Fund loan pursuant to this subchapter will not be executed between the Department and the local government unit unless the Department determines that repayment of the defaulted loan will be received.

N.J. Admin. Code § 7:26-14A.5

Amended by R.1996 d.578, effective 12/16/1996.
See: 28 New Jersey Register 2114(a), 28 New Jersey Register 5248(a).
In (a), deleted reference to loan application eligibility and satisfactory completion of applications, and inserted other approved facilities reference; deleted (c), relating to projects with pre-approval.