Section 830-RICR-10-15-4.4 - Loan ApplicationA. Request for financing under the Sewer Tie-In Loan Fund should be submitted in writing by the chief executive officer or other authorized officer of the local governmental unit to the Executive Director of the Bank. The written request shall include: 1. A projection of the estimated need for property owners within the local governmental unit to connect into the local sewer system and abandon their individual septic systems or cesspools as detailed in the local governmental unit's Sewer Tie-In Program Plan as approved by the Department of Environmental Management.2. Indication of approval of the local governmental unit's Sewer Tie-In Program by the Department of Environmental Management (DEM), including the listing of the local governmental unit's STILF program on the most current DEM Project Priority List, for financing from the Bank to establish a Sewer Tie-In Loan Program within the local governmental unit.3. A description of the dedicated source of loan security in the event of property owner loan default or non-payment, i.e., pledge of general revenues from property taxes of cities and towns, property liens, or other source available to the local governmental unit and deemed appropriate by the Bank.4. A description of the overall operation of the local governmental unit, including but not limited to the most recent annual report or audited financials, with an emphasis on e. operating surpluses or deficits;f. actual results versus budget; andg. sources of financial liquidity.5. Legal authority or authorities to borrow from the Sewer Tie-In Loan Fund.6. Other information reasonably requested by the Bank.830 R.I. Code R. 830-RICR-10-15-4.4