Section 159G-33 - Loans and grants available from Wastewater Reserve(a) Types. - The Department is authorized to make the types of loans and grants listed in this subsection from the Wastewater Reserve. Each type of loan or grant must be administered through a separate account within the Wastewater Reserve. (1) Loan. - A loan is available for a project authorized in G.S.159G-32(b).(2) Project grant. - A project grant is available for a portion of the construction costs of a wastewater collection system project, a wastewater treatment works project, or a stormwater quality project as authorized in G.S.159G-32(b).(3) Merger/regionalization feasibility grant. - A merger/regionalization feasibility grant is available to determine the feasibility of consolidating the management of multiple utilities into a single utility operation or to provide regional treatment and the best way of carrying out the consolidation or regionalization. The Department shall not make a loan or grant under this subdivision for a merger or regionalization proposal that would result in a new surface water transfer regulated under G.S.143-215.22L.(3a) Asset inventory and assessment grant. - An asset inventory and assessment grant is available to inventory the existing water and/or sewer system and document the condition of the inventoried infrastructure.(4) Emergency loan. - An emergency loan is available in the event the Secretary certifies that a serious public health hazard related to the inadequacy of an existing wastewater collection system or wastewater treatment works is present or imminent in a community.(5) Repealed by Session Laws 2019-241, s. 11(a), effective November 6, 2019.(b) Interaccount Transfer. - The Secretary may use revenue in any account in the Wastewater Reserve to provide funds for an emergency loan.N.C. Gen. Stat. § 159G-33
Amended by 2019 N.C. Sess. Laws 226,s. 2, eff. 10/1/2019.Amended by 2015 N.C. Sess. Laws 241,s. 14.13-d, s. 14.13-e, eff. 7/1/2015.Added by 2005 N.C. Sess. Laws 454, s. 3, eff. 1/1/2006.